Zerodha (Flat Rs 20 Per Trade)

Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

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.