Advance Technoforge IPO Subscription Status
Final figures at close of bidding: 3 Aug 2026, 6:30 pm IST
| Category | Subscription |
|---|---|
| NII | 0.43x |
| Retail (RII) | 2.68x |
| Total | 1.55x |
Bidding day 3
Day-wise subscription
| Day | QIB | sNII | bNII | Retail | Employee | Total |
|---|---|---|---|---|---|---|
| Day 1 | — | — | — | 0.37x | — | 0.25x |
| Day 2 | — | — | — | 0.81x | — | 0.44x |
| Day 3 | — | — | — | 2.68x | — | 1.55x |
Times subscribed per category (bids vs shares offered, anchor portion excluded). Bidding has closed — these are the final figures.
How the book filled
Day-by-day demand
The Advance Technoforge book was built over 3 days: overall subscription stood at 0.25× at the close of day 1, read 0.44× at the end of day 2, and finished at 1.55× on day 3. On the final day it was retail investors driving the book, at 2.68× of the shares set aside for the category. More than half of the final demand arrived after day 1 — a late-building book. The largest single-day addition came on day 3, when the overall multiple moved from 0.44× to 1.55×.
Category detail
Non-institutional investors came in at 0.43×. Retail investors put in bids for 2.68× the shares reserved for them. That puts retail investors at the top of the book at 2.68× and non-institutional investors (NII) at the bottom at 0.43×.
What the multiple means for allotment
With retail subscription at 2.68×, applications in that category exceeded the shares available to it by a factor of about 2.68. When a retail book is oversubscribed, the registrar does not allot proportionately — allotment runs as a computerised lottery among all valid applications, with each successful application receiving at least one lot of 1200 shares — ₹1,14,000 of stock at the upper band. The multiple above is the data point that determines how thinly that draw is spread; it describes the final book, not the outcome of any single application.
Frequently asked questions
- When does the Advance Technoforge IPO open and close?
- The Advance Technoforge IPO opens on 27 Jul 2026 and closes on 29 Jul 2026.
- How many times was the Advance Technoforge IPO subscribed?
- The Advance Technoforge IPO was subscribed 1.55 times in total across all investor categories.
- What is the reservation split in the Advance Technoforge IPO?
- Of the total shares offered, retail investors get 50%, non-institutional investors 50%.