Clay Craft IPO Live Subscription Status
Real-time subscription data from BSE & NSE with category-wise breakdowns
| Category | Offered | Applied | Times |
|---|---|---|---|
| QIB | 10,30,200 | 12,27,90,600 | 119.19 |
| NII | 7,74,000 | 11,98,89,000 | 154.90 |
| bNII (>10 Lakh) | 5,16,000 | 9,64,60,800 | 186.94 |
| sNII (2-10 Lakh) | 2,58,000 | 2,34,28,200 | 90.81 |
| Retail | 18,03,600 | 12,94,27,200 | 71.76 |
| TOTAL | 36,07,800 | 37,21,06,800 | 103.14 |
| Category | Reserved | Applications | Times |
|---|---|---|---|
| NII | 645 | 29,466 | 45.68 |
| bNII (>10 Lakh) | 430 | 17,380 | 40.42 |
| sNII (2-10 Lakh) | 215 | 12,086 | 56.21 |
| Retail | 1,503 | 1,07,856 | 71.76 |
| TOTAL | 2,793 | 1,37,459 | 49.22 |
| Category | Offered | Demand | Times |
|---|---|---|---|
| QIB | 20.91 | 2,492.65 | 119.19 |
| NII | 15.71 | 2,433.75 | 154.90 |
| bNII (>10 Lakh) | 10.47 | 1,958.15 | 186.94 |
| sNII (2-10 Lakh) | 5.24 | 475.59 | 90.81 |
| Retail | 36.61 | 2,627.37 | 71.76 |
| TOTAL | 73.24 | 7,553.77 | 103.14 |
Clay Craft IPO Subscription — Detailed Analysis
Where Clay Craft Subscription Stands Today
Clay Craft IPO has been subscribed 103.14 times overall — a heavily oversubscribed level that signals strong investor demand and improves the prospects of a positive listing day. A total of 1,37,459 applications have been received so far.
How to Read Clay Craft Category-Wise Subscription
The subscription table above breaks the issue down by investor category. Here's what each section signals:
- QIB (Qualified Institutional Buyers) — mutual funds, banks, insurance companies, FIIs. High QIB subscription means professional investors with deep research teams have committed capital. For Mainboard issues, QIB above 5x is generally seen as a strong signal.
- NII (Non-Institutional Investors) — applications above Rs 2 lakh. Often split into Big NII (above Rs 10 lakh) and Small NII (Rs 2–10 lakh). Big NII activity is mostly funded HNI bets, while Small NII reflects upper-retail sentiment.
- Retail Individual Investors — applications up to Rs 2 lakh. High retail subscription doesn't always predict listing gains, but very low retail interest is a yellow flag worth investigating.
- Employee (if applicable) — reserved category with optional discount. Employee oversubscription is a soft positive signal of insider sentiment.
Subscription Patterns for SME IPOs
SME IPOs typically need 5x+ overall subscription to indicate strong post-listing performance, given their small issue sizes and lower liquidity. Some SME issues see explosive last-day spikes (50x–200x) driven by retail FOMO; while these often produce strong listing gains, they also come with higher post-listing volatility. Look for steady QIB participation as the more reliable signal — pure retail spikes can fade quickly after listing.
Subscription and Allotment Chances
The subscription multiple in each category directly affects allotment probability. For oversubscribed Retail categories, SEBI uses a lottery system — your application has roughly a 1 / subscription times chance of getting at least one lot, with a guaranteed minimum-1-lot allocation rule that helps small investors. NII follows the same draw-of-lots rule at the minimum NII lot; only QIB is allotted proportionately. Use the live subscription numbers above to estimate your chances, or visit our IPO Allotment Chances calculator for a category-wise probability estimate.
For more on how IPO allotment works, see our explainer: IPO Allotment Process Explained.
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