The IPO Subscription Status is a vital indicator of an IPO's popularity among investors, showing the level of demand on the NSE and BSE. It tells you how many times the total number of bids surpasses the number of shares initially offered by the company.
If an IPO is "5x" subscribed, it means there are five bids for every single share available. Investors typically have a 3-working-day window to subscribe to mainboard and SME IPOs, though some SME offerings occasionally extend this period.
The subscription period for an IPO concludes at 5:00 PM on the designated final day. Savvy retail investors often subscribe during the initial two days to circumvent the substantial rush that characterizes the closing hours.


