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An individual bidder who bids in an IPO for the Equity Shares for an amount not more than Rs 200,000 falls under the retail investor's category.
A Retail Individual Bidder means individual Bidders, who have Bid for the Equity Shares for an amount not more than Rs 200,000 in an IPO. Investors who invest up to Rs 2 lakhs in an IPO, follow-on offering, buyback, rights issue, commodities, or mutual funds are Retail Investors.
NRIs and HUFs who apply for less than Rs 2 lakhs in an IPO also fall under the RII category. Retail individual bidders are essential in the capital markets because they contribute to the liquidity and diversity of the investor base.
A retail investor is someone like you and us. People who scrimp together their savings to invest in equities, commodities, mutual funds, etc. From an IPO perspective, a retail investor applies from an individual account for shares valued under Rs 2 lakh.
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