SMEClosed

HRH Next Services Limited IPO Subscription Status

📅Offer Date: 27 Dec 2023 – 29 Dec 2023

Minimum investment
₹1,08,0003000 shares
View IPO details

Data sourced from BSE & NSE · Last updated

Total66.29x
QIB66.91x
NII66.91x
Retail63.61x

HRH Next Services Limited IPO was subscribed 66.29x in total when bidding closed on 29 Dec 2023, with 66.91x in the QIB category, 66.91x in NII, 63.61x in retail. The issue ran from 27 Dec 2023 to 29 Dec 2023 at a price band of ₹36.00 per share.

QIB66.91xNII66.91xRetail63.61xTotal66.29x1×

Times subscribed by category against the 1× line.

64
≈ 1 in 64 retail allotment
low allotment chance

Based on retail subscription (63.61x). Final allotment decided by registrar's computerised lottery.

Subscription Details (No. of Shares)

CategoryOfferAppliedTimes
Retail12,60,0008,01,48,60063.61x
Total25,23,00016,72,49,67066.29x
QIB / NII12,63,0008,45,07,33066.91x

Subscription in Crores (₹Cr)

CategoryOfferedDemandTimes
Retail4.54288.5363.61x
QIB / NII4.55304.2366.91x
Total9.08592.7666.29x

Values derived from share count × issue price (₹36.00)

What this means for allotment & listing

Because HRH Next Services 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.

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

HRH Next Services Limited IPO subscription FAQs