Clay Craft India SME IPO Subscription Status

A subscription of 2.40x means the IPO received bids for 2 times the number of shares available. For every 2 applications, only 1 can receive an allotment.

Here is what each category number tells you:

QIB at 4.32x: This is the strongest signal on the page. QIBs are institutional investors, mutual funds, foreign institutions, and banks. When they subscribe at 4.32x, it reflects serious institutional conviction.

NII at 1.76x: NII includes high net worth individuals applying above Rs 2 lakh. At 1.76x, allotment probability for NII applicants is very low. The bNII segment came in at 2.07x and sNII at 1.14x.

Retail at 1.57x: Retail investors applying up to Rs 2 lakh saw 1.57x subscription. Allotment in the retail category is done by lottery when oversubscription exceeds 1x. At 1.57x applications received, roughly 1 in 2 retail applicants can expect an allotment (~63%).

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

Retail Category: Retail subscription came in at 1.57x based on shares applied and 1.57x based on applications. In the retail category, SEBI mandates a minimum of one lot per applicant when possible. Allotment is done by lottery. At 1.57x 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 1.76x, 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 Clay Craft India SME IPO Allotment Status page from 22 June 2026 for your allotment result.

GMP for Clay Craft India SME stands at Rs 33.00 today, giving an estimated listing price of Rs 236.00 per share.

A subscription of 2.40x combined with a GMP of 16.26% 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 Clay Craft India SME IPO GMP Today page or the IPOwiz Live IPO GMP Tracker.

Clay Craft India Limited, incorporated in July 1994, is a well-established and prominent manufacturer of high-quality bone china crockery, ceramic dinnerware, and premium kitchenware. Operating out of its integrated production setups in Jaipur, Rajasthan, the company offers an extensive design catalog comprising approximately 5,770 stock-keeping units (SKUs). Its core product verticals stretch across high-end household dinnerware, specialized ceramic products for corporate gifting, and durable, heavy-grade ceramic solutions explicitly optimized for the fast-growing HoReCa (Hotel, Restaurant, and Catering) industry across local and multi-channel domestic markets.

For allotment results from 22 June 2026, visit the Clay Craft India SME IPO Allotment Status page. For listing day updates on 24 June 2026, download the IPOwiz App.