Prodocs Solutions SME IPO Subscription Status

A subscription of 2.74x means the IPO received bids for 3 times the number of shares available. For every 3 applications, only 1 can receive an allotment.

Here is what each category number tells you:

QIB at 1.59x: This is the strongest signal on the page. QIBs are institutional investors, mutual funds, foreign institutions, and banks. When they subscribe at 1.59x, it reflects serious institutional conviction.

NII at 4.95x: NII includes high net worth individuals applying above Rs 2 lakh. At 4.95x, allotment probability for NII applicants is very low. The bNII segment came in at 5.96x and sNII at 2.93x.

Retail at 2.38x: Retail investors applying up to Rs 2 lakh saw 2.38x subscription. Allotment in the retail category is done by lottery when oversubscription exceeds 1x. At 2.38x applications received, roughly 1 in 2 retail applicants can expect an allotment (~42%).

Based on the final subscription data, here is a realistic view of allotment probability by category.

Retail Category: Retail subscription came in at 2.38x based on shares applied and 2.38x based on applications. In the retail category, SEBI mandates a minimum of one lot per applicant when possible. Allotment is done by lottery. At 2.38x applications received, approximately 1 in 2 retail applicants can expect an allotment. Applying from multiple accounts does not improve individual chances but increases household probability if each account is eligible.

NII Category: NII allotment is proportional, not by lottery. At 4.95x, an NII applicant applying for the minimum NII lot can expect a very small proportional allotment. Larger NII applications receive proportionally more shares but the effective return per rupee invested is diluted significantly at this oversubscription level.

QIB Category: QIB allotment is discretionary and handled by the book running lead managers. Retail investors do not participate in this category.

Check the Prodocs Solutions SME IPO Allotment Status page from 11 December 2025 for your allotment result.

Prodocs Solutions Limited, incorporated in 2019, is an IT Enabled Services (ITES/BPO) company specializing in non-voice processes. The company provides specialized services like Indexing, Title Services (for US real estate/mortgage), e-Publishing, and litigation support. It offers offshore solutions primarily to clients in the U.

For allotment results from 11 December 2025, visit the Prodocs Solutions SME IPO Allotment Status page. For listing day updates on 15 December 2025, download the IPOwiz App.