Dr. Agarwal's IPO Subscription Status
Dr. Agarwal's IPO closed on 31 January 2025 with an overall subscription of 1.49x based on shares applied. QIB demand came in at 4.41x, NII at 0.39x, and retail at 0.42x.
Allotment will be finalised on 3 February 2025. The stock is scheduled to list on NSE and BSE on 5 February 2025.
Issue Price
Rs 402.00
GMP Today
Rs -4.00 (-1.00%)
Overall Subscription
1.49x
Issue Size
₹3027.26 Cr
Allotment Date
3 Feb 2025
Listing Date
5 Feb 2025
Dr. Agarwal's IPO Subscription by Amount
Category-wise subscription based on amount applied at issue price Rs 402.00
| Category | Amount Offered | Amount Applied | Subscription |
|---|---|---|---|
| QIB | Rs 583.67 Cr | Rs 2,572.90 Cr | 4.41x |
| NII | Rs 437.75 Cr | Rs 171.88 Cr | 0.39x |
| sNII (Rs 2L to Rs 10L) | Rs 145.92 Cr | Rs 78.58 Cr | 0.54x |
| bNII (above Rs 10L) | Rs 291.84 Cr | Rs 85.22 Cr | 0.29x |
| Retail | Rs 1,021.43 Cr | Rs 424.49 Cr | 0.42x |
| Total | Rs 2,042.85 Cr | Rs 3,169.28 Cr | 1.55x |
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.
| Category | Shares Offered | Shares Bid | Subscription |
|---|---|---|---|
| QIB | 1,45,19,200 | 6,40,02,575 | 4.41x |
| NII | 1,08,89,400 | 42,75,705 | 0.39x |
| sNII (Rs 2L to Rs 10L) | 36,29,800 | 19,54,820 | 0.54x |
| bNII (above Rs 10L) | 72,59,600 | 21,19,880 | 0.29x |
| Retail | 2,54,08,599 | 1,05,59,535 | 0.42x |
| Total | 5,08,17,199 | 7,88,37,815 | 1.55x |
What Do These Subscription Numbers Mean?
A subscription of 1.49x by shares means the IPO received bids for 1 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 4.41x by shares: This is the strongest signal on the page. QIBs are institutional investors, mutual funds, foreign institutions, and banks. When they subscribe at 4.41x, it reflects serious institutional conviction.
NII at 0.39x by shares: NII includes high net worth individuals applying above Rs 2 lakh. Proportional allotment uses application subscription.
Retail at 0.42x by shares: Allotment is by lottery, but application-wise data is needed for accurate 1-in-X odds. Share oversubscription often overstates how hard allotment is.
Dr. Agarwal's IPO Allotment Chances
Allotment odds below use application subscription (number of bids received), not share or amount subscribed.
Retail
- •Share subscription: 0.42x (application-wise data pending).
- •Allotment odds will be updated once application subscription is synced.
SHNI (Rs 2 lakh to Rs 10 lakh)
- •Share subscription: 0.54x (application-wise data pending).
- •Allotment odds will be updated once application subscription is synced.
BHNI (above Rs 10 lakh)
- •Share subscription: 0.29x (application-wise data pending).
- •Allotment odds will be updated once application subscription is synced.
Check the Dr. Agarwal's IPO Allotment Status page from 3 February 2025 for your allotment result.
Dr. Agarwal's IPO Day-wise Subscription
| Day | QIB | NII | Retail | Overall |
|---|---|---|---|---|
| Day 1 - 29 Jan 2025 | 0.00x | 0.06x | 0.12x | 0.07x |
| Day 2 - 30 Jan 2025 | 1.01x | 0.12x | 0.24x | 0.42x |
| Day 3 - 31 Jan 2025 | 4.41x | 0.39x | 0.42x | 1.49x |
Dr. Agarwal's IPO Key Dates
| Event | Date |
|---|---|
| IPO Open Date | 29 January 2025 |
| IPO Close Date | 31 January 2025 |
| Allotment Date | 3 February 2025 |
| Refund Initiation | 4 February 2025 |
| Share Credit to Demat | 4 February 2025 |
| Listing Date | 5 February 2025 |
| Minimum Investment | Rs 14,070.00 |
| Lot Size | 35 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
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.
Retail - Retail Individual Investors
Investors applying up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Minimum one lot per successful applicant.
Dr. Agarwal's IPO Subscription FAQs
What is Dr. Agarwal's IPO IPO subscription status today?
Dr. Agarwal's IPO IPO subscription closed on 31 January 2025 with overall subscription of 1.49x (by shares) as of 27 June 2026, 2:47 AM IST. QIB 4.41x, NII 0.39x, Retail 0.42x.
What is the overall subscription of Dr. Agarwal's IPO IPO?
Dr. Agarwal's IPO 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 IPO QIB subscription?
Dr. Agarwal's IPO 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 IPO Retail subscription?
Dr. Agarwal's IPO IPO Retail subscription is 0.42x by shares. Minimum retail bid is up to Rs 2 lakh per PAN.
What is Dr. Agarwal's IPO IPO NII subscription?
Dr. Agarwal's IPO IPO NII (Non-Institutional Investors) subscription is 0.39x by shares. NII covers bids above Rs 2 lakh.
What are allotment chances in Dr. Agarwal's IPO IPO for retail?
Dr. Agarwal's IPO IPO retail allotment chances depend on final application oversubscription. Allotment is by lottery when retail subscription exceeds 1x.
When is Dr. Agarwal's IPO IPO allotment date?
Dr. Agarwal's IPO 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 IPO subscription close?
Dr. Agarwal's IPO IPO subscription closed on 31 January 2025. No new applications are accepted after the close.
What is Dr. Agarwal's IPO IPO GMP today?
Dr. Agarwal's IPO 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 IPO issue price and lot size?
Dr. Agarwal's IPO 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 IPO listing date?
Dr. Agarwal's IPO 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 IPO allotment?
Allotment odds in Dr. Agarwal's IPO IPO depend on application subscription in each category, not share volume. Retail uses lottery when oversubscribed. NII uses proportional allotment by applications. 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.
Reviewed by Dinesh Agrawal
15+ years in Indian capital markets and IPO research. Subscription data verified before publish.