Varmora Granito IPO subscription status
How many shares have been bid for, category by category, from the exchange's bid book, with the number of applications where the exchange publishes it and the arithmetic chance of getting the minimum allotment.
- Subscribed overall
- 0.97×
- 24 Sept 2026, 19:00 IST
- Retail
- 0.67×
- Non-institutional
- 0.75×
- Qualified institutions
- 1.71×
Bid book as on 24 Sept 2026, 19:00 IST, day 3 of bidding, as published by NSE. Times subscribed = shares bid ÷ shares offered to the category (the anchor portion is not part of the book).
By category
Shares offered, shares bid and applications, as the exchange reports them.
| Category | Shares offered | Shares bid | Times | Applications |
|---|---|---|---|---|
| Qualified institutions | 93,65,510 | 1,59,93,855 | 1.71× | - |
| Foreign institutions | - | 24,73,288 | - | - |
| Banks, FIs and insurers | - | 0 | - | - |
| Mutual funds | - | 97,69,326 | - | - |
| Other institutions | - | 37,51,241 | - | - |
| Non-institutional | 73,61,217 | 55,15,105 | 0.75× | - |
| Above ₹10 lakh | - | 39,68,088 | - | - |
| ₹2 to 10 lakh | - | 15,47,017 | - | - |
| Retail | 1,71,76,172 | 1,14,62,692 | 0.67× | - |
| Total | 3,39,02,899 | 3,29,71,652 | 0.97× | - |
NSE does not publish application counts for mainboard issues; the registrar's basis of allotment gives them after bidding closes.
Day by day
The last bid book of each bidding day.
| Day | As on | Institutions | Non-institutional | Retail | Overall |
|---|---|---|---|---|---|
| Day 1 | 22 Sept, 17:00 | - | 0.03× | 0.15× | 0.08× |
| Day 2 | 23 Sept, 17:00 | 0.11× | 0.13× | 0.27× | 0.19× |
| Day 3 | 24 Sept, 19:00 | 1.71× | 0.75× | 0.67× | 0.97× |
The chance of getting the minimum allotment
Where a category is oversubscribed, the registrar draws lots: each successful application gets the minimum and no more. So the chance is the number of minimum applications the category can fill, divided by the applications received.
| Category | Minimum application | Minimums available | Applications | Chance, from the bid book |
|---|---|---|---|---|
| Retail | 101 shares · ₹14,948 | 1,70,061 | not published | every application |
| Non-institutional, ₹2 to 10 lakh | 1,414 shares · ₹2,09,272 | 1,735 | not published | every application |
| Non-institutional, above ₹10 lakh | 6,767 shares · ₹10,01,516 | 725 | not published | every application |
Arithmetic on the bid book, not a view on the shares. Where applications are not published, the figure is a floor ("at least"): shares bid ÷ the minimum application is the most applications there can be. Invalid and duplicate bids are removed before the draw, so the real ratio is usually better. The minimum application is at the upper end of the price band. Method: how the chance is worked out.
Timeline
Add to calendar- Anchor investors bid21 Sept
- Bidding opens22 Sept, 10:00
- Bidding closes24 Sept, 17:00
- UPI mandate cut-off24 Sept, 17:00
- Allotment finalised25 Sept
- Allotment status liveseen 25 Sept
- Refunds and UPI unblocks28 Sept
- Shares credited to demat28 Sept
- Listing and first trade29 Sept, 10:00
- Anchor lock-in ends on half25 Oct
- Anchor lock-in ends on the rest24 Dec
Bidding dates and cut-offs from the exchange. Allotment, refund, credit and listing dates follow SEBI's T+3 timetable (working days after bidding closes); the exchange's notice is final when it differs. Times are IST.
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The figures on this page are the company's own, taken from its filings with the exchanges and SEBI, and every number links to the document and page it came from. They are reproduced as stated, not verified independently, and they are not forecasts by newboard.in. Nothing here is investment advice, a research report or a recommendation. newboard.in is not a SEBI-registered research analyst or investment adviser.