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Dr. Agarwal's IPO Subscription

Listed

Updated 5 February 2025, 9:15 AM IST· Mainboard

Dr. Agarwal's IPO subscription closed on 31 January 2025 at 1.49x overall by shares. QIB demand came in at 4.41x, NII at 0.39x, and retail at 0.42x. See Retail, SHNI, and BHNI allotment chances in the table below.

Allotment date is 3 February 2025. Listing date on NSE and BSE is 5 February 2025.

Issue Price
Rs 402.00
GMP Today
Rs -4.00 (-1.00%)
Overall Sub
1.49x
Issue Size
₹3027.26 Cr
Allotment
3 Feb 2025
Listing
5 Feb 2025

Dr. Agarwal's IPO Day-wise Subscription

Daily QIB, NII, Retail, and overall subscription as bids come in

DayQIBNIIRetailOverall
Day 1 - 29 Jan 20250.00x0.06x0.12x0.07x
Day 2 - 30 Jan 20251.01x0.12x0.24x0.42x
Day 3 - 31 Jan 20254.41x0.39x0.42x1.49x

Dr. Agarwal's IPO Allotment Chances

Retail, SHNI, and BHNI chances based on application subscription

Dr. Agarwal's IPO allotment chances for Retail, SHNI, and BHNI. All three use lottery when the category is oversubscribed.

CategorySubscription (Apps)Allotment Chances
Retail0.42x (shares)Updating soon
SHNI (Rs 2L to Rs 10L)0.54x (shares)Updating soon
BHNI (above Rs 10L)0.29x (shares)Updating soon

Chances use application subscription (how many bids came in), not share or amount figures. If you get allotment, you get at least one lot. Higher subscription means lower chance per PAN.

Check the Dr. Agarwal's IPO Allotment Status page from 3 February 2025 for your result.

Dr. Agarwal's IPO Subscription by Amount

Category-wise subscription based on amount applied at issue price Rs 402.00

CategoryAmount OfferedAmount AppliedSubscription
QIBRs 583.67 CrRs 2,572.90 Cr4.41x
NIIRs 437.75 CrRs 171.88 Cr0.39x
sNII (Rs 2L to Rs 10L)Rs 145.92 CrRs 78.58 Cr0.54x
bNII (above Rs 10L)Rs 291.84 CrRs 85.22 Cr0.29x
RetailRs 1,021.43 CrRs 424.49 Cr0.42x
TotalRs 2,042.85 CrRs 3,169.28 Cr1.55x

Dr. Agarwal's IPO Subscription by Shares

Category-wise subscription based on shares bid. Application-wise bid counts are not available for this IPO yet.

CategoryShares OfferedShares BidSubscription
QIB1,45,19,2006,40,02,5754.41x
NII1,08,89,40042,75,7050.39x
sNII (Rs 2L to Rs 10L)36,29,80019,54,8200.54x
bNII (above Rs 10L)72,59,60021,19,8800.29x
Retail2,54,08,5991,05,59,5350.42x
Total5,08,17,1997,88,37,8151.55x

What Do These Subscription Numbers Mean?

1.49x overall by shares means bids covered about 1 times the shares on offer. Allotment chances depend on applications in each category.

QIB at 4.41x by shares shows institutional demand from mutual funds, FIIs, and banks.

NII covers bids above Rs 2 lakh (0.39x by shares). SHNI and BHNI allotment is by lottery.

Retail at 0.42x by shares. Exact lottery chances need application data.

Dr. Agarwal's IPO Key Dates

EventDate
IPO Open Date29 January 2025
IPO Close Date31 January 2025
Allotment Date3 February 2025
Refund Initiation4 February 2025
Share Credit to Demat4 February 2025
Listing Date5 February 2025
Minimum InvestmentRs 14,070.00
Lot Size35 shares

About Dr. Agarwal's IPO

Dr. Agarwal's Health Care Limited, started in 2010, provides a full range of eye care services, including cataract and refractive surgeries, consultations, non-surgical treatments, and the sale of optical goods, contact lenses, and eye medicines. By September 30, 2024, the company had 737 doctors, treated 2.

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 (SHNI & BHNI)

Investors bidding above Rs 2 lakh. Split into SHNI (Rs 2 lakh to Rs 10 lakh) and BHNI (above Rs 10 lakh). Both use lottery allotment when oversubscribed.

Retail - Retail Individual Investors

Investors bidding up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Winners get at least one lot.

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Dr. Agarwal's IPO Subscription FAQs

What is Dr. Agarwal's IPO subscription status today?

Dr. Agarwal's IPO subscription closed on 31 January 2025 with overall subscription of 1.49x (by shares) as of 27 August 2026, 4:32 AM IST. QIB 4.41x, NII 0.39x, Retail 0.42x.

What is the overall subscription of Dr. Agarwal's IPO?

Dr. Agarwal's IPO is subscribed 1.49x overall by shares at close on 31 January 2025. QIB 4.41x, NII 0.39x, and Retail 0.42x.

What is Dr. Agarwal's IPO QIB subscription?

Dr. Agarwal's IPO QIB (Qualified Institutional Buyers) subscription is 4.41x by shares. QIB includes mutual funds, FIIs, banks, and other institutions.

What is Dr. Agarwal's IPO Retail subscription?

Dr. Agarwal's IPO Retail subscription is 0.42x by shares. Retail bids are up to Rs 2 lakh per PAN.

What is Dr. Agarwal's IPO NII, SHNI, and BHNI subscription?

Dr. Agarwal's IPO NII subscription is 0.39x by shares. NII is bids above Rs 2 lakh, split into SHNI (Rs 2L to Rs 10L) and BHNI (above Rs 10L).

What are Dr. Agarwal's IPO retail allotment chances?

Dr. Agarwal's IPO retail allotment chances depend on final application subscription. Allotment is by lottery when oversubscribed.

What are Dr. Agarwal's IPO SHNI allotment chances?

Dr. Agarwal's IPO SHNI allotment chances depend on final application subscription. Allotment is by lottery when oversubscribed.

What are Dr. Agarwal's IPO BHNI allotment chances?

Dr. Agarwal's IPO BHNI allotment chances depend on final application subscription. Allotment is by lottery when oversubscribed.

When is Dr. Agarwal's IPO allotment date?

Dr. Agarwal's IPO allotment date is 3 February 2025. Check Dr. Agarwal's IPO Allotment Status on IPOwiz from that day using your PAN.

When does Dr. Agarwal's IPO subscription close?

Dr. Agarwal's IPO subscription closed on 31 January 2025. No new applications are accepted after the close.

What is Dr. Agarwal's IPO GMP today?

Dr. Agarwal's IPO GMP is ₹-4 today (-1.00% over issue price ₹402). See live GMP on the Dr. Agarwal's IPO GMP Today page.

What is Dr. Agarwal's IPO issue price and lot size?

Dr. Agarwal's IPO issue price is ₹402 per share. Lot size is 35 shares. Minimum investment is ₹14,070 per lot. Issue size: ₹3027.26 Cr.

When is Dr. Agarwal's IPO listing date?

Dr. Agarwal's IPO listing date is 5 February 2025 on NSE and BSE. Allotment is on 3 February 2025.

How does subscription affect Dr. Agarwal's IPO allotment?

In Dr. Agarwal's IPO, Retail, SHNI, and BHNI allotment is by lottery when oversubscribed. Chances follow application subscription in each category, not share volume. At 1.49x overall, competition is moderate.

For allotment results from 3 February 2025, visit the Dr. Agarwal's IPO Allotment Status page. For listing day updates on 5 February 2025, download the IPOwiz App.

Sources

We match Dr. Agarwal's IPO IPO numbers with official sources. For final dates and allotment results, double-check the registrar or exchange.

  • SEBIRules for IPO allotment and disclosures in India
  • NSEExchange notices, bidding data, and listing updates
  • BSEExchange notices and IPO allotment check tools
  • RHP / Offer DocumentCheck the company RHP on NSE/BSE or the IPO detail page
  • IPO RegistrarRegistrar details are on the allotment page for this IPO

Also read our Editorial Policy, How GMP is calculated, How allotment chances work, and IPO fund allocation.

Reviewed by

Dinesh Agrawal · Lead IPO Analyst

15+ years in Indian markets and IPO research. He reviews subscription data before it goes live.