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Global Surfaces Limited IPO Subscription Status

📅Offer Date: 13 Mar 2023 – 15 Mar 2023

Minimum investment
₹14,000100 shares
View IPO details

Data sourced from BSE & NSE · Last updated

Total12.21x
QIB8.95x
NII33.10x
Retail5.12x

Global Surfaces Limited IPO was subscribed 12.21x in total when bidding closed on 15 Mar 2023, with 8.95x in the QIB category, 33.10x in NII, 5.12x in retail. The issue ran from 13 Mar 2023 to 15 Mar 2023 at a price band of ₹133.00–₹140.00 per share.

QIB8.95xNII33.10xRetail5.12xTotal12.21x1×

Times subscribed by category against the 1× line.

6
≈ 1 in 6 retail allotment
low allotment chance

Based on retail subscription (5.12x). Final allotment decided by registrar's computerised lottery.

Subscription Details (No. of Shares)

CategoryOfferAppliedTimes
QIBs22,14,0001,98,15,3008.95x
NIIs16,60,5005,49,62,55033.10x
SNIIs (<10L)5,53,5001,62,12,01529.29x
BNIIs (>10L)11,07,0003,87,45,00035.00x
Retail38,74,5001,98,37,4405.12x
Total77,49,0009,46,15,29012.21x

Subscription in Crores (₹Cr)

CategoryOfferedDemandTimes
QIBs31.00277.418.95x
NIIs23.25769.4833.10x
Retail54.24277.725.12x
Total108.491324.6112.21x

Values derived from share count × issue price (₹140.00)

What this means for allotment & listing

Because Global Surfaces Limited closed oversubscribed, allotment follows the applicable category and exchange rules. A high subscription figure reflects strong demand but does not guarantee a premium listing, and a low figure does not guarantee a discount. This page is for information only and is not investment advice.

BSE, NSE listed · Bidding data sourced from BSE & NSE under SEBI ICDR regulations.

Global Surfaces Limited IPO subscription FAQs