Definition of Subscribed

In finance, subscribed means to purchase or claim shares of a new issue of stock, bonds, or other securities. Typical meaning of subscribe is to pay money to an organization in order to receive a product, use a service regularly, or support the organization.

Explanation 

It is the amount of capital out of authorized capital for which company has received applications from the general public. Who is passionate about buying shares. If a company’s financial health is strong then more and more people will be curious in buying shares which may lead to over-subscription. But, if a company’s financial health is weak then people will be reluctant to invest which may result in under-subscription.