Can I apply for an SME IPO in the HNI (NII) category?

Yes. You can apply for an SME IPO in the High Net Worth Individual (HNI) category, which falls under the Non-Institutional Investor (NII) portion.

• In SME IPOs, if you apply for 3 lots or more, your application will be considered under the NII category.
• NIIs are further divided into:
  • Small NII (sNII): 3 lots up to applications valued at ₹10 lakhs.
  • Big NII (bNII): Applications valued above ₹10 lakhs.