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.

What is NII subscription mean in an IPO?

NII Subscription in an IPO reflects the level of demand from Non-Institutional Investors. It indicates the number of times the NII quota has been subscribed based on the total shares applied for by NIIs.