IPO Subscription Status Today (29 September): 5 IPOs Close, Moneyview & A-One Steels Allotment Day
29 September is the busiest day of this IPO week. Five public offers — four on the mainboard and one SME — close bidding today, the much-awaited Moneyview and A-One Steels allotments get finalised, and two more mainboard IPOs continue into Day 2. All subscription figures below are exchange-reported figures as of around midday; bidding closes at 5 PM, so final numbers will shift.
IPOs Closing Today: Midday Subscription Status
Four mainboard IPOs and one SME IPO conclude today. Here is where they stand with a few hours of bidding left.
| IPO | Price band | Issue size | Subscription (midday) | Segment split |
|---|---|---|---|---|
| Orient Cables (India) | ₹258–272 | ₹552 cr | 15.17x | QIB 0.21x, NII 35.33x, Retail 15.08x |
| German Green Steel & Power | ₹132–139 | ₹303.90 cr | 9.68x | QIB 1.35x, NII 16.72x, Retail 11.41x |
| AceVector | ₹30–32 | ₹420 cr | 1.62x | QIB 1.35x, NII 1.77x, Retail 2.19x |
| Runwal Enterprises | ₹290–305 | ₹499.83 cr | 1.14x | QIB 1.53x, NII 1.85x, Retail 0.62x, Employee 0.65x |
| Sai Urja Indo Ventures (SME) | ₹107–113 | — | ~0.31–0.69x | Retail leading; QIB muted |
Orient Cables (India): the standout of the day
Orient Cables is the clear subscription leader among the closing IPOs, at 15.17x around midday — up sharply from around 10.6x in the morning session. Non-institutional demand is doing the heavy lifting at 35.33x, with retail at 15.08x. The ₹552-crore issue (₹320 cr fresh + ₹232 cr OFS) saw its anchor book take up ₹165.6 cr before opening. Allotment is expected on 30 September and listing on 5 October.
German Green Steel & Power: approaching 10x
German Green Steel & Power is closing at 9.68x around midday, led by NII demand at 16.72x and retail at 11.41x. The ₹303.90-crore issue (₹290 cr fresh + ₹13.90 cr OFS) is priced at ₹132–139. Its allotment is expected on 30 September with listing on 5 October.
Read our earlier deep-dive: German Green Steel IPO: GMP Today, Price Band & Dates
AceVector (Snapdeal): comfortably over-subscribed on Day 3
The SoftBank-backed AceVector issue, priced at just ₹30–32, reached 1.62x by midday — fully bid across all three investor categories, with retail at 2.19x. The ₹420-crore issue (₹287 cr fresh + ₹133 cr OFS) had raised ₹189 cr from anchor investors ahead of opening. Our full review: AceVector IPO (Snapdeal): Price Band, Dates, GMP & Review
Runwal Enterprises: crosses 1x on the final day
Runwal Enterprises had the slowest start of the four — only 76% subscribed at mid-morning — but crossed full subscription by midday to reach 1.14x, with QIBs at 1.53x and NIIs at 1.85x. Retail, at 0.62x, remains the weakest segment. The ₹499.83-crore issue is an entirely fresh issue, priced at ₹290–305.
Sai Urja Indo Ventures (BSE SME): weak finish expected
The SME issue closing today has seen tepid demand. Market trackers reported Day-3 figures in the 0.31x–0.69x range around midday, with retail leading and QIB participation negligible. The ₹107–113 issue will need a strong final push to reach full subscription.
Allotment Day: Moneyview and A-One Steels
Moneyview IPO allotment — finalised today
After its blockbuster 98.46x close, Moneyview's basis of allotment is being finalised today, 29 September. The ₹1,091.68-crore issue (₹750 cr fresh + ₹341.68 cr OFS) was the most subscribed IPO of this cycle:
- QIBs: 227.45x
- NIIs: 115.41x
- Retail: 19.57x
Shares list on the NSE and BSE on 1 October. Refunds begin on 30 September. The issue was priced at ₹32–34; market-reported grey market premium is around ₹14 (unofficial, roughly 41% over the cap price) — but GMP is unofficial and can change before listing.
Registrar: MUFG Intime. Investors can check status on the registrar's site, or on BSE/NSE IPO allotment pages using their PAN and application number.
Full recap: Moneyview IPO Final Subscription: 98.46x at Close
A-One Steels IPO allotment — finalised today
A-One Steels' allotment is also being finalised today, with listing on 1 October. The ₹405-crore issue (₹385–405 band) closed at 11.61x:
- QIBs: 7.30x
- NIIs: 24.51x
- Retail: 8.64x
- Employee: 4.87x
The market-reported GMP is around ₹26–28 per share (unofficial, about 6–7% over the ₹405 upper band). Registrar: Bigshare Services.
Still Open: SRIT India and Shah Investor's Home (Day 2)
Two mainboard IPOs are in Day 2 and remain open until 30 September.
- SRIT India (₹123–130, ₹218.40 cr fresh issue): subscribed 1x on Day 1 with bids for 1.17 crore shares. Day-2 market reports show retail and NII quotas leading (retail around 3.2x, NII around 2.1x) while QIB demand is yet to pick up. Market-reported GMP is around ₹33 (unofficial, ~25% over the cap price). Allotment expected 1 October, listing 6 October. Full review: SRIT India IPO 2026: Price Band, Dates, GMP, Review
- Shah Investor's Home (upper band ₹167): at 0.47x around midday on Day 2 — QIB 0.50x, NII 0.48x, Retail 0.45x. Market-reported GMP is around ₹14 (unofficial, ~8%).
Key IPO Dates This Week
| Event | Date |
|---|---|
| Moneyview & A-One Steels allotment finalisation | 29 Sept (today) |
| AceVector, Orient Cables, German Green Steel, Runwal allotment | 30 Sept (expected) |
| Moneyview & A-One Steels listing (NSE/BSE) | 1 Oct |
| SRIT India, Shah Investor's Home bidding close | 30 Sept |
| Orient Cables, German Green Steel, AceVector, Runwal listing | 5 Oct (expected) |
| SRIT India listing | 6 Oct (expected) |
How to Check IPO Allotment Status
- Registrar website: select the company name, then enter PAN, application number, or DP/Client ID.
- BSE: go to the BSE IPO allotment page, select Equity, pick the company, enter application number or PAN.
- NSE: go to the NSE IPO allotment page, select Equity, pick the company symbol, enter PAN and application number.
Allotment is done by lottery for oversubscribed retail quotas, so a high subscription number does not guarantee shares.
FAQs
When do the IPOs closing today get listed?
Allotment for AceVector, Orient Cables, German Green Steel and Runwal Enterprises is expected on 30 September, with listing on 5 October, subject to the usual timeline.
How do I check my Moneyview IPO allotment?
Moneyview's registrar is MUFG Intime. Use the registrar's allotment page, or the BSE/NSE IPO allotment portals with your PAN and application number. Refunds begin on 30 September.
What time does IPO bidding close today?
Bidding for the five closing IPOs ends at 5 PM today. Final subscription numbers will be published after close.
Is GMP an official indicator?
No. Grey market premium is unofficial and unregulated market speculation, not part of formal price discovery. It can change sharply before listing.
Conclusion
Today's midday picture is clear: Orient Cables and German Green Steel are ending their offers strongly, AceVector and Runwal have crossed full subscription, and all eyes now turn to the Moneyview and A-One Steels allotments ahead of Thursday's listings. We'll have the final closing numbers and the next set of subscription updates in the evening slot.