Systematic Industries IPO Subscription
ListedUpdated 1 October 2025, 9:15 AM IST· BSE SME
Systematic Industries IPO subscription closed on 26 September 2025 at 6.20x overall by shares. QIB demand came in at 9.85x, NII at 8.29x, and retail at 3.36x. See Retail, SHNI, and BHNI allotment chances in the table…
Systematic Industries IPO subscription closed on 26 September 2025 at 6.20x overall by shares. QIB demand came in at 9.85x, NII at 8.29x, and retail at 3.36x. See Retail, SHNI, and BHNI allotment chances in the table below.
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Allotment date is 29 September 2025. Listing date on NSE and BSE is 1 October 2025.
Systematic Industries IPO Day-wise Subscription
Daily QIB, NII, Retail, and overall subscription as bids come in
| Day | QIB | NII | Retail | Overall |
|---|---|---|---|---|
| Day 1 - 24 Sept 2025 | 1.11x | 0.04x | 0.07x | 0.36x |
| Day 2 - 25 Sept 2025 | 1.18x | 0.26x | 0.45x | 0.62x |
| Day 3 - 26 Sept 2025 | 9.85x | 7.94x | 3.36x | 6.20x |
Systematic Industries IPO Allotment Chances
Retail, SHNI, and BHNI chances based on application subscription
Systematic Industries IPO allotment chances for Retail, SHNI, and BHNI. All three use lottery when the category is oversubscribed.
| Category | Subscription (Apps) | Allotment Chances |
|---|---|---|
| Retail (IND) | 3.36x | 1 in 3 |
| SHNI (Rs 2L to Rs 10L) | 4.20x | 1 in 4 |
| BHNI (above Rs 10L) | 2.47x | 1 in 2 |
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 Systematic Industries IPO Allotment Status page from 29 September 2025 for your result.
Systematic Industries IPO Subscription by Amount
Category-wise subscription based on amount applied at issue price Rs 195.00
| Category | Amount Offered | Amount Applied | Subscription |
|---|---|---|---|
| QIB | Rs 21.95 Cr | Rs 216.25 Cr | 9.85x |
| FII | - | Rs 44.62 Cr | - |
| DFI | - | - | - |
| Mutual Funds | - | - | - |
| Other | - | Rs 171.63 Cr | - |
| NII | Rs 16.46 Cr | Rs 136.50 Cr | 8.29x |
| bNII (above Rs 10L) | Rs 10.97 Cr | Rs 112.25 Cr | 10.23x |
| Corporate | - | Rs 9.51 Cr | - |
| Individual | - | Rs 100.00 Cr | - |
| Other | - | Rs 2.74 Cr | - |
| sNII (Rs 2L to Rs 10L) | Rs 5.49 Cr | Rs 24.25 Cr | 4.42x |
| Corporate | - | Rs 63.18 L | - |
| Individual | - | Rs 23.52 Cr | - |
| Other | - | Rs 10.53 L | - |
| IND | Rs 38.42 Cr | Rs 129.17 Cr | 3.36x |
| Fixed price | - | Rs 129.17 Cr | - |
| Total | Rs 76.83 Cr | Rs 481.92 Cr | 6.27x |
Systematic Industries IPO Subscription by Applications
Category-wise subscription based on applications received
| Category | Applications Offered | Applications Received | Subscription |
|---|---|---|---|
| QIB | 1,876 | 23 | 0.01x |
| FII | - | 7 | - |
| DFI | - | - | - |
| Mutual Funds | - | - | - |
| Other | - | 16 | - |
| NII | 469 | 1,428 | 3.04x |
| bNII (above Rs 10L) | 313 | 773 | 2.47x |
| Corporate | - | 15 | - |
| Individual | - | 751 | - |
| Other | - | 7 | - |
| sNII (Rs 2L to Rs 10L) | 156 | 655 | 4.20x |
| Corporate | - | 18 | - |
| Individual | - | 634 | - |
| Other | - | 3 | - |
| IND | 1,642 | 5,520 | 3.36x |
| Fixed price | - | 5,520 | - |
| Total | 3,987 | 6,971 | 1.75x |
What Do These Subscription Numbers Mean?
6.20x overall by shares means bids covered about 6 times the shares on offer. Allotment chances depend on applications in each category.
QIB at 9.85x by shares shows institutional demand from mutual funds, FIIs, and banks.
NII covers bids above Rs 2 lakh (3.04x by applications). Split: SHNI 4.20x, BHNI 2.47x by applications. SHNI and BHNI allotment is by lottery.
At 3.36x subscription by applications, about 1 in 3 retail applicants may get allotment (~30% chance per application). Retail allotment is also by lottery.
Systematic Industries IPO GMP After Subscription
GMP for Systematic Industries Limited stands at Rs 1.00 today, giving an estimated listing price of Rs 196.00 per share.
A subscription of 6.20x combined with a GMP of 0.51% 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 Systematic Industries IPO GMP Today page or the IPOwiz Live IPO GMP Tracker.
Systematic Industries IPO Key Dates
| Event | Date |
|---|---|
| IPO Open Date | 24 September 2025 |
| IPO Close Date | 26 September 2025 |
| Allotment Date | 29 September 2025 |
| Refund Initiation | 30 September 2025 |
| Share Credit to Demat | 30 September 2025 |
| Listing Date | 1 October 2025 |
| Minimum Investment | Rs 2,34,000.00 |
| Lot Size | 600 shares |
About Systematic Industries Limited
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 (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.
IND - Individual Investors
Investors bidding up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Winners get at least one lot.
Systematic Industries Limited IPO Pages
Open related pages for this IPO: details, GMP, subscription, allotment, review, FAQ, registrar, timeline, and news.
Systematic Industries Limited Details
Issue size, price, financials, and company info
Systematic Industries Limited GMP
Live grey market premium and listing estimate
Systematic Industries Limited Subscription
QIB, NII, Retail, SHNI and BHNI subscription
Systematic Industries Limited Allotment
Allotment date, chances, and check by PAN
Systematic Industries Limited Review
SWOT, strengths, risks, and IPO review
Systematic Industries Limited FAQ
Common questions on dates, GMP, and allotment
Systematic Industries Limited Registrar
Registrar website and how to check allotment
Systematic Industries Limited Timeline
Open, close, allotment, and listing dates
Systematic Industries Limited News
Updates, blogs, and latest IPO news
Systematic Industries IPO Subscription FAQs
What is Systematic Industries IPO subscription status today?
Systematic Industries IPO subscription closed on 26 September 2025 with overall subscription of 6.20x (by shares) as of 27 August 2026, 4:32 AM IST. QIB 9.85x, NII 3.04x, IND 3.36x.
What is the overall subscription of Systematic Industries IPO?
Systematic Industries IPO is subscribed 6.20x overall by shares at close on 26 September 2025. QIB 9.85x, NII 3.04x, and IND 3.36x.
What is Systematic Industries IPO QIB subscription?
Systematic Industries IPO QIB (Qualified Institutional Buyers) subscription is 9.85x by shares. QIB includes mutual funds, FIIs, banks, and other institutions.
What is Systematic Industries IPO IND subscription?
Systematic Industries IPO IND subscription is 3.36x by applications. Retail bids are up to Rs 2 lakh per PAN.
What is Systematic Industries IPO NII, SHNI, and BHNI subscription?
Systematic Industries IPO NII subscription is 3.04x by applications. NII is bids above Rs 2 lakh, split into SHNI (Rs 2L to Rs 10L) at 4.20x and BHNI (above Rs 10L) at 2.47x.
What are Systematic Industries IPO retail allotment chances?
At 3.36x subscription by applications, about 1 in 3 retail applicants may get allotment (~30% chance per application). Allotment is by lottery.
What are Systematic Industries IPO SHNI allotment chances?
At 4.20x subscription by applications, about 1 in 4 SHNI applicants may get allotment (~24% chance per application). Allotment is by lottery.
What are Systematic Industries IPO BHNI allotment chances?
At 2.47x subscription by applications, about 1 in 2 BHNI applicants may get allotment (~40% chance per application). Allotment is by lottery. Share subscription was 10.23x. Allotment chances use applications, not share volume.
When is Systematic Industries IPO allotment date?
Systematic Industries IPO allotment date is 29 September 2025. Check Systematic Industries IPO Allotment Status on IPOwiz from that day using your PAN.
When does Systematic Industries IPO subscription close?
Systematic Industries IPO subscription closed on 26 September 2025. No new applications are accepted after the close.
What is Systematic Industries IPO GMP today?
Systematic Industries IPO GMP is ₹1 today (+0.51% over issue price ₹195). See live GMP on the Systematic Industries IPO GMP Today page.
What is Systematic Industries IPO issue price and lot size?
Systematic Industries IPO issue price is ₹195 per share. Lot size is 600 shares. Minimum investment is ₹2,34,000 per lot (minimum 2 lots for SME). Issue size: ₹109.75 Cr.
When is Systematic Industries IPO listing date?
Systematic Industries IPO listing date is 1 October 2025 on NSE and BSE. Allotment is on 29 September 2025.
How does subscription affect Systematic Industries IPO allotment?
In Systematic Industries IPO, Retail, SHNI, and BHNI allotment is by lottery when oversubscribed. Chances follow application subscription in each category, not share volume. At 6.20x overall, competition is moderate.
For allotment results from 29 September 2025, visit the Systematic Industries IPO Allotment Status page. For listing day updates on 1 October 2025, download the IPOwiz App.
Sources
We match Systematic Industries Limited 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.