Danish Power IPO Subscription Status
Danish Power IPO received bids for 44,14,06,500 shares against 34,18,800 offered, an overall subscription of 129.11x at the close of bidding (24 Oct 2024). NII leads at 276.27x, while Employees (0.00x) portion is undersubscribed.
Last updated · day 3 figures
- Retail
- 79.88x
- NII
- 276.27x
- QIB
- 104.79x
- Total
- 129.11x
Where the demand is
Danish Power IPO subscription by category
| Category | Shares offered | Shares bid | Amount bid | Subscription |
|---|---|---|---|---|
| QIB | 9,76,500 | 10,23,32,100 | ₹3,888.62 Cr | 104.79x |
| NII | 7,32,900 | 20,24,80,800 | ₹7,694.27 Cr | 276.27x |
| Retail | 17,09,400 | 13,65,50,400 | ₹5,188.92 Cr | 79.88x |
| Employees | 0 | 43,200 | ₹1.64 Cr | 0.00x |
| Total | 34,18,800 | 44,14,06,500 | ₹16,773.45 Cr | 129.11x |
* Shares Offered and Total Amount are calculated based on the upper price of the issue price range. * The portion of anchor investors (or market makers) is not included in the total number of shares offered.
Danish Power IPO subscription day-wise
| Category | Day 3 |
|---|---|
| QIB | 104.79x |
| NII | 276.27x |
| Retail | 79.88x |
| Employees | 0.00x |
| Total | 129.11x |
| Total added | 129.11x |
Cumulative figures at the end of each day. Read across a row to see how demand built up. Shading deepens as subscription rises above 1x; "Total added" is how much overall subscription grew that day.
Danish Power IPO reservation
| Category | Shares | Share of issue |
|---|---|---|
| Qualified Institutional Buyers | 9,76,500 | 28.56% |
| Non-Institutional Investors | 7,32,900 | 21.44% |
| Retail Individual Investors | 17,09,400 | 50.00% |
| Public issue | 34,18,800 | 100% |
Allotment Chances Note
These are estimates from the latest application and subscription figures. Actual chances are usually somewhat better, because:
- Not every bid is at the cut-off price. Bids below the final issue price are rejected before the lottery, so fewer applications compete.
- Multiple-lot applications count once. In an oversubscribed retail or sNII portion, each application gets at most one minimum lot in the draw, however many lots it bid for.
- Invalid applications drop out. Unapproved UPI mandates, PAN mismatches and duplicate applications are removed before allotment.
Applying for more lots in the retail category does not improve your odds; applying from separate family accounts does.
Danish Power IPO subscription: FAQs
- What is the overall subscription of Danish Power IPO?
- Danish Power IPO is subscribed 129.11x overall as of day 3 (24 October 2024), with bids for 44,14,06,500 shares against 34,18,800 offered.
- What is the retail subscription of Danish Power IPO?
- The retail portion is subscribed 79.88x as of day 3 (24 October 2024).
- What is the QIB and NII subscription of Danish Power IPO?
- QIBs have subscribed 104.79x of their portion, and NIIs 276.27x as of day 3 (24 October 2024).
- How can I check Danish Power IPO subscription status live?
- This page shows category-wise and day-wise figures and is updated during bidding hours. The same data is published on the BSE and NSE websites under the issue name.
- How do I apply for Danish Power IPO?
- Apply online through your broker or bank using UPI or ASBA. Choose the IPO, enter the number of lots and bid price (retail investors can bid at the cut-off price), and approve the UPI mandate before the issue closes on 24 October 2024.
Subscription figures are compiled from BSE and NSE bid data and can be revised by the exchanges after the issue closes. For information only; not investment advice.