BharatRohan Airborne Innovations SME IPO Subscription Status
BharatRohan Airborne Innovations SME IPO closed on 25 September 2025 with an overall subscription of 10.07x based on shares applied. QIB demand came in at 8.33x, NII at 16.35x, and retail at 8.54x.
Allotment will be finalised on 26 September 2025. The stock is scheduled to list on NSE and BSE on 30 September 2025.
Issue Price
Rs 85.00
GMP Today
Rs 5.00 (+5.88%)
Overall Subscription
10.07x
Issue Size
₹42.76 Cr
Allotment Date
26 Sept 2025
Listing Date
30 Sept 2025
BharatRohan Airborne Innovations SME IPO Subscription by Amount
Category-wise subscription based on amount applied at issue price Rs 85.00
| Category | Amount Offered | Amount Applied | Subscription |
|---|---|---|---|
| QIB | Rs 8.40 Cr | Rs 70.04 Cr | 8.33x |
| FII | - | - | - |
| DFI | - | - | - |
| Mutual Funds | - | - | - |
| Other | - | Rs 70.04 Cr | - |
| NII | Rs 6.53 Cr | Rs 106.75 Cr | 16.35x |
| bNII (above Rs 10L) | Rs 4.35 Cr | Rs 82.35 Cr | 18.92x |
| Corporate | - | Rs 9.71 Cr | - |
| Individual | - | Rs 71.66 Cr | - |
| Other | - | Rs 97.92 L | - |
| sNII (Rs 2L to Rs 10L) | Rs 2.18 Cr | Rs 24.40 Cr | 11.21x |
| Corporate | - | Rs 32.64 L | - |
| Individual | - | Rs 23.95 Cr | - |
| Other | - | Rs 12.24 L | - |
| IND | Rs 15.29 Cr | Rs 130.59 Cr | 8.54x |
| Fixed price | - | Rs 130.59 Cr | - |
| Total | Rs 30.22 Cr | Rs 307.37 Cr | 10.17x |
BharatRohan Airborne Innovations SME IPO Subscription by Applications
Category-wise subscription based on applications received
| Category | Applications Offered | Applications Received | Subscription |
|---|---|---|---|
| QIB | 618 | 7 | 0.01x |
| FII | - | - | - |
| DFI | - | - | - |
| Mutual Funds | - | - | - |
| Other | - | 7 | - |
| NII | 160 | 1,131 | 7.07x |
| bNII (above Rs 10L) | 107 | 562 | 5.25x |
| Corporate | - | 14 | - |
| Individual | - | 539 | - |
| Other | - | 9 | - |
| sNII (Rs 2L to Rs 10L) | 53 | 569 | 10.74x |
| Corporate | - | 7 | - |
| Individual | - | 559 | - |
| Other | - | 3 | - |
| IND | 562 | 4,801 | 8.54x |
| Fixed price | - | 4,801 | - |
| Total | 1,340 | 5,939 | 4.43x |
What Do These Subscription Numbers Mean?
A subscription of 10.07x by shares means the IPO received bids for 10 times the shares reserved. Allotment odds depend on application count in each category, not share volume.
Here is what each category number tells you:
QIB at 8.33x by shares: This is the strongest signal on the page. QIBs are institutional investors, mutual funds, foreign institutions, and banks. When they subscribe at 8.33x, it reflects serious institutional conviction.
NII at 7.07x by applications: NII includes high net worth individuals applying above Rs 2 lakh. Proportional allotment uses application subscription. bNII came in at 5.25x and sNII at 10.74x by applications. Share subscription was 16.35x. Allotment uses application count, not share volume.
At 8.54x subscription by applications, approximately 1 in 9 retail applicants can expect an allotment (~12% per application). Retail allotment is done by lottery when oversubscribed.
BharatRohan Airborne Innovations SME IPO Allotment Chances
Allotment odds below use application subscription (number of bids received), not share or amount subscribed.
Retail (IND)
- •Application subscription: 8.54x.
- •Allotment odds: about 1 in 9 (~12% chance per application).
- •Method: Lottery. If allotted, you receive at least one lot.
- •One application per PAN. Multiple eligible accounts in a household can improve overall family odds, not individual odds.
SHNI (Rs 2 lakh to Rs 10 lakh)
- •Application subscription: 10.74x.
- •Allotment odds: about 1 in 11 for a minimum-lot application (~9% of the applied lot on average).
- •Method: Proportional. Shares allotted are based on your bid size, not a lottery.
BHNI (above Rs 10 lakh)
- •Application subscription: 5.25x.
- •Allotment odds: about 1 in 5 for a minimum-lot application (~19% of the applied lot on average).
- •Method: Proportional. Shares allotted are based on your bid size, not a lottery.
- •Share subscription was 18.92x. Allotment uses application count, not share volume.
Check the BharatRohan Airborne Innovations SME IPO Allotment Status page from 26 September 2025 for your allotment result.
BharatRohan Airborne Innovations SME IPO GMP After Subscription
GMP for BharatRohan Airborne Innovations SME stands at Rs 5.00 today, giving an estimated listing price of Rs 90.00 per share.
A subscription of 10.07x combined with a GMP of 5.88% is a strong combination heading into listing. QIB demand above 50x in particular tends to support listing sentiment, as institutional investors are seen as informed buyers.
Track live GMP on the BharatRohan Airborne Innovations SME IPO GMP Today page or the IPOwiz Live IPO GMP Tracker.
BharatRohan Airborne Innovations SME IPO Day-wise Subscription
| Day | QIB | NII | Retail | Overall |
|---|---|---|---|---|
| Day 1 - 23 Sept 2025 | 2.62x | 0.95x | 0.27x | 1.07x |
| Day 2 - 24 Sept 2025 | 2.62x | 1.77x | 1.31x | 1.77x |
| Day 3 - 25 Sept 2025 | 8.33x | 16.00x | 8.50x | 10.07x |
BharatRohan Airborne Innovations SME IPO Key Dates
| Event | Date |
|---|---|
| IPO Open Date | 23 September 2025 |
| IPO Close Date | 25 September 2025 |
| Allotment Date | 26 September 2025 |
| Refund Initiation | 27 September 2025 |
| Share Credit to Demat | 27 September 2025 |
| Listing Date | 30 September 2025 |
| Minimum Investment | Rs 2,72,000.00 |
| Lot Size | 1600 shares |
About BharatRohan Airborne Innovations SME
No company information available
Understanding Subscription Categories
QIB - Qualified Institutional Buyers
Includes foreign institutional investors, domestic financial institutions, mutual funds, and other qualified institutions. QIB demand is considered the most reliable indicator of institutional confidence in an IPO.
NII - Non-Institutional Investors
High net worth individuals applying above Rs 2 lakh. Divided into bNII (above Rs 10 lakh) and sNII (Rs 2 lakh to Rs 10 lakh). NII allotment is proportional.
IND - Individual Investors
Investors applying up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Minimum one lot per successful applicant.
BharatRohan Airborne Innovations SME IPO GMP Today
Live GMP, listing price estimate, and listing gain
BharatRohan Airborne Innovations SME IPO Allotment Status
Check allotment result on allotment date
BharatRohan Airborne Innovations SME IPO Details
Financials, peers, strengths, and review
All IPO Subscription Status
Subscription for all active IPOs
BharatRohan Airborne Innovations SME IPO Subscription FAQs
What is BharatRohan Airborne Innovations SME IPO subscription status today?
BharatRohan Airborne Innovations SME IPO subscription closed on 25 September 2025 with overall subscription of 10.07x (by shares) as of 27 June 2026, 3:17 AM IST. QIB 8.33x, NII 7.07x, IND 8.54x.
What is the overall subscription of BharatRohan Airborne Innovations SME IPO?
BharatRohan Airborne Innovations SME IPO is subscribed 10.07x overall by shares at close on 25 September 2025. QIB 8.33x, NII 7.07x, and IND 8.54x.
What is BharatRohan Airborne Innovations SME IPO QIB subscription?
BharatRohan Airborne Innovations SME IPO QIB (Qualified Institutional Buyers) subscription is 8.33x by shares. QIB includes mutual funds, FIIs, banks, and other institutions.
What is BharatRohan Airborne Innovations SME IPO IND subscription?
BharatRohan Airborne Innovations SME IPO IND subscription is 8.54x by applications. Minimum retail bid is up to Rs 2 lakh per PAN.
What is BharatRohan Airborne Innovations SME IPO NII subscription?
BharatRohan Airborne Innovations SME IPO NII (Non-Institutional Investors) subscription is 7.07x by applications. NII covers bids above Rs 2 lakh.
What are allotment chances in BharatRohan Airborne Innovations SME IPO for retail?
At 8.54x subscription by applications, approximately 1 in 9 retail applicants can expect an allotment (~12% per application). Allotment is done by lottery.
When is BharatRohan Airborne Innovations SME IPO allotment date?
BharatRohan Airborne Innovations SME IPO allotment date is 26 September 2025. Check BharatRohan Airborne Innovations SME IPO Allotment Status on IPOwiz from that day using your PAN.
When does BharatRohan Airborne Innovations SME IPO subscription close?
BharatRohan Airborne Innovations SME IPO subscription closed on 25 September 2025. No new applications are accepted after the close.
What is BharatRohan Airborne Innovations SME IPO GMP today?
BharatRohan Airborne Innovations SME IPO GMP is ₹5 today (+5.88% over issue price ₹85). See live GMP on the BharatRohan Airborne Innovations SME IPO GMP Today page.
What is BharatRohan Airborne Innovations SME IPO issue price and lot size?
BharatRohan Airborne Innovations SME IPO issue price is ₹85 per share. Lot size is 1600 shares. Minimum investment is ₹2,72,000 per lot (minimum 2 lots for SME). Issue size: ₹42.76 Cr.
When is BharatRohan Airborne Innovations SME IPO listing date?
BharatRohan Airborne Innovations SME IPO listing date is 30 September 2025 on NSE and BSE. Allotment is on 26 September 2025.
How does subscription affect BharatRohan Airborne Innovations SME IPO allotment?
Allotment odds in BharatRohan Airborne Innovations SME IPO depend on application subscription in each category, not share volume. Retail uses lottery when oversubscribed. NII proportional allotment at 7.07x by applications means roughly 1 in 7 for minimum-lot bids; bNII at 5.25x (~1 in 5). At 10.07x overall, competition is high.
For allotment results from 26 September 2025, visit the BharatRohan Airborne Innovations SME IPO Allotment Status page. For listing day updates on 30 September 2025, download the IPOwiz App.
Reviewed by Dinesh Agrawal
15+ years in Indian capital markets and IPO research. Subscription data verified before publish.