Dhillon Freight Carrier SME IPO Subscription Status
Dhillon Freight Carrier SME IPO closed on 1 October 2025 with an overall subscription of 2.91x based on shares applied. QIB demand came in at 0.52x, NII at 4.38x, and retail at 1.68x.
Allotment will be finalised on 3 October 2025. The stock is scheduled to list on NSE and BSE on 7 October 2025.
Issue Price
Rs 72.00
GMP Today
-
Overall Subscription
2.91x
Issue Size
₹9.57 Cr
Allotment Date
3 Oct 2025
Listing Date
7 Oct 2025
Dhillon Freight Carrier SME IPO Subscription by Amount
Category-wise subscription based on amount applied at issue price Rs 72.00
| Category | Amount Offered | Amount Applied | Subscription |
|---|---|---|---|
| QIB | Rs 6.08 Cr | Rs 3.18 Cr | 0.52x |
| FII | - | - | - |
| DFI | - | - | - |
| Mutual Funds | - | - | - |
| Other | - | Rs 3.18 Cr | - |
| NII | Rs 4.56 Cr | Rs 20.00 Cr | 4.38x |
| bNII (above Rs 10L) | Rs 3.04 Cr | Rs 12.84 Cr | 4.22x |
| Corporate | - | Rs 10.97 L | - |
| Individual | - | Rs 12.44 Cr | - |
| Other | - | Rs 28.80 L | - |
| sNII (Rs 2L to Rs 10L) | Rs 1.52 Cr | Rs 7.16 Cr | 4.71x |
| Corporate | - | Rs 95.76K | - |
| Individual | - | Rs 7.00 Cr | - |
| Other | - | Rs 15.12 L | - |
| IND | Rs 10.65 Cr | Rs 17.90 Cr | 1.68x |
| Cut-off price | - | Rs 14.96 Cr | - |
| Fixed price | - | Rs 2.94 Cr | - |
| Employee | Rs 7.47 L | Rs 20.03 L | 2.68x |
| Cut-off price | - | Rs 16.34 L | - |
| Fixed price | - | Rs 3.69 L | - |
| Total | Rs 21.36 Cr | Rs 41.28 Cr | 1.93x |
Dhillon Freight Carrier SME IPO Subscription by Applications
Category-wise subscription based on applications received
| Category | Applications Offered | Applications Received | Subscription |
|---|---|---|---|
| QIB | 8,44,579 | 23 | 0.00x |
| FII | - | - | - |
| DFI | - | - | - |
| Mutual Funds | - | - | - |
| Other | - | 23 | - |
| NII | 3,233 | 6,599 | 2.04x |
| bNII (above Rs 10L) | 2,155 | 1,796 | 0.83x |
| Corporate | - | 16 | - |
| Individual | - | 1,738 | - |
| Other | - | 42 | - |
| sNII (Rs 2L to Rs 10L) | 1,078 | 4,803 | 4.46x |
| Corporate | - | 7 | - |
| Individual | - | 4,689 | - |
| Other | - | 107 | - |
| IND | 1,05,609 | 1,33,910 | 1.27x |
| Cut-off price | - | 1,10,033 | - |
| Fixed price | - | 23,877 | - |
| Employee | 741 | 1,293 | 1.74x |
| Cut-off price | - | 1,135 | - |
| Fixed price | - | 158 | - |
| Total | 9,54,162 | 1,41,825 | 0.15x |
What Do These Subscription Numbers Mean?
A subscription of 2.91x by shares means the IPO received bids for 3 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 0.52x by shares: This is the strongest signal on the page. QIBs are institutional investors, mutual funds, foreign institutions, and banks. When they subscribe at 0.52x, it reflects serious institutional conviction.
NII at 2.04x by applications: NII includes high net worth individuals applying above Rs 2 lakh. Proportional allotment uses application subscription. bNII came in at 0.83x and sNII at 4.46x by applications. Share subscription was 4.38x. Allotment uses application count, not share volume.
At 1.27x subscription by applications, approximately 1 in 1 retail applicants can expect an allotment (~79% per application). Retail allotment is done by lottery when oversubscribed.
At 1.74x subscription by applications, approximately 1 in 2 employee applicants can expect an allotment (~57% per application). Employee reservation uses the same lottery logic as retail when oversubscribed.
Dhillon Freight Carrier SME IPO Allotment Chances
Allotment odds below use application subscription (number of bids received), not share or amount subscribed.
Retail (IND)
- •Application subscription: 1.27x.
- •Allotment odds: about 1 in 1 (~79% 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: 4.46x.
- •Allotment odds: about 1 in 4 for a minimum-lot application (~22% 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: 0.83x.
- •Share subscription was 4.22x. Allotment uses application count, not share volume.
Check the Dhillon Freight Carrier SME IPO Allotment Status page from 3 October 2025 for your allotment result.
Dhillon Freight Carrier SME IPO Day-wise Subscription
| Day | QIB | NII | Retail | Overall |
|---|---|---|---|---|
| Day 1 - 29 Sept 2025 | - | 0.11x | 0.54x | 0.33x |
| Day 2 - 30 Sept 2025 | - | 0.32x | 1.90x | 1.11x |
| Day 3 - 1 Oct 2025 | - | 0.96x | 4.87x | 2.91x |
Dhillon Freight Carrier SME IPO Key Dates
| Event | Date |
|---|---|
| IPO Open Date | 29 September 2025 |
| IPO Close Date | 1 October 2025 |
| Allotment Date | 3 October 2025 |
| Refund Initiation | 4 October 2025 |
| Share Credit to Demat | 4 October 2025 |
| Listing Date | 7 October 2025 |
| Minimum Investment | Rs 2,30,400.00 |
| Lot Size | 1600 shares |
About Dhillon Freight Carrier 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.
Dhillon Freight Carrier SME IPO GMP Today
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Dhillon Freight Carrier SME IPO Allotment Status
Check allotment result on allotment date
Dhillon Freight Carrier SME IPO Details
Financials, peers, strengths, and review
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Dhillon Freight Carrier SME IPO Subscription FAQs
What is Dhillon Freight Carrier SME IPO subscription status today?
Dhillon Freight Carrier SME IPO subscription closed on 1 October 2025 with overall subscription of 2.91x (by shares) as of 27 June 2026, 2:01 AM IST. QIB 0.52x, NII 2.04x, IND 1.27x.
What is the overall subscription of Dhillon Freight Carrier SME IPO?
Dhillon Freight Carrier SME IPO is subscribed 2.91x overall by shares at close on 1 October 2025. QIB 0.52x, NII 2.04x, and IND 1.27x.
What is Dhillon Freight Carrier SME IPO QIB subscription?
Dhillon Freight Carrier SME IPO QIB (Qualified Institutional Buyers) subscription is 0.52x by shares. QIB includes mutual funds, FIIs, banks, and other institutions.
What is Dhillon Freight Carrier SME IPO IND subscription?
Dhillon Freight Carrier SME IPO IND subscription is 1.27x by applications. Minimum retail bid is up to Rs 2 lakh per PAN.
What is Dhillon Freight Carrier SME IPO NII subscription?
Dhillon Freight Carrier SME IPO NII (Non-Institutional Investors) subscription is 2.04x by applications. NII covers bids above Rs 2 lakh.
What are allotment chances in Dhillon Freight Carrier SME IPO for retail?
At 1.27x subscription by applications, approximately 1 in 1 retail applicants can expect an allotment (~79% per application). Allotment is done by lottery.
When is Dhillon Freight Carrier SME IPO allotment date?
Dhillon Freight Carrier SME IPO allotment date is 3 October 2025. Check Dhillon Freight Carrier SME IPO Allotment Status on IPOwiz from that day using your PAN.
When does Dhillon Freight Carrier SME IPO subscription close?
Dhillon Freight Carrier SME IPO subscription closed on 1 October 2025. No new applications are accepted after the close.
What is Dhillon Freight Carrier SME IPO GMP today?
GMP for Dhillon Freight Carrier SME IPO is not available yet. Track Dhillon Freight Carrier SME IPO GMP Today on IPOwiz once grey market activity starts.
What is Dhillon Freight Carrier SME IPO issue price and lot size?
Dhillon Freight Carrier SME IPO issue price is ₹72 per share. Lot size is 1600 shares. Minimum investment is ₹2,30,400 per lot (minimum 2 lots for SME). Issue size: ₹9.57 Cr.
When is Dhillon Freight Carrier SME IPO listing date?
Dhillon Freight Carrier SME IPO listing date is 7 October 2025 on NSE and BSE. Allotment is on 3 October 2025.
How does subscription affect Dhillon Freight Carrier SME IPO allotment?
Allotment odds in Dhillon Freight Carrier SME IPO depend on application subscription in each category, not share volume. Retail uses lottery when oversubscribed. NII proportional allotment at 2.04x by applications means roughly 1 in 2 for minimum-lot bids. At 2.91x overall, competition is moderate.
For allotment results from 3 October 2025, visit the Dhillon Freight Carrier SME IPO Allotment Status page. For listing day updates on 7 October 2025, download the IPOwiz App.
Reviewed by Dinesh Agrawal
15+ years in Indian capital markets and IPO research. Subscription data verified before publish.