A total of 31,35,000 shares at a price of Rs 120 per share will be allotted to the anchor investors.
Anchor investors bid opening date | Jun 18, 2024 |
Anchor investor price | Rs.120.00 |
Anchor investors as % of QIBs | 60.00% |
No. of shares locked-in for 30 days | 15,67,500 |
No. of shares locked-in for 90 days | 15,67,500 |
S.No. | Anchor Investor | No. of Shares Allotted | Amount (Rs.cr.) | % Allotment within Anchor Investor Portion | % Allotment of Issue |
---|---|---|---|---|---|
1 | SB OPPORTUNITIES FUND I | 12,50,250 | 15.00 | 39.88 | 11.37 |
2 | 3 SIGMA GLOBAL FUND | 8,33,500 | 10.00 | 26.59 | 7.58 |
3 | VIKASA INDIA EIF I FUND-INCUBE GLOBAL OPPORTUNITIES | 6,34,500 | 7.61 | 20.24 | 5.77 |
4 | ZEAL GLOBAL OPPORTUNITIES FUND | 4,16,750 | 5.00 | 13.29 | 3.79 |
31,35,000 | 37.62 | 100 | 28.50 |
Financial Institutions, Banks, FIIs, and Mutual Funds registered with SEBI are called QIBs. In most cases, QIBs represent small investors who invest through mutual funds, ULIP schemes of insurance companies, and pension schemes.
Retail Individual Investors (HNI), NRIs, Companies, Trusts, etc. who bid for shares worth more than Rs 2 lakhs are known as Non-institutional bidders (NII). Unlike QIB bidders, they do not need SEBI registration.
NII category has two subcategories:
The Small NII category is for NII investors who bid for shares between Rs 2 lakhs to Rs 10 lakhs. 1/3 of NII category shares are reserved for the Small NII sub-category. This subcategory is also known as Small HNI (sHNI).
The Big NII category is for NII investors who bid for shares worth more than Rs 10 Lakhs. 2/3 of NII category shares are reserved for the Big NII subcategory. This subcategory is also known as Big HNI (bHNI).
The retail individual investor or NRIs who apply up to Rs 2 lakhs in an IPO are considered as RII reserved category.
A category of eligible employees who have a reserved quota in the IPO.
A category of eligible shareholders or other investors who have a reserved quota in the IPO.
What is the difference between RII, NII, QIB and Anchor Investor?
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The Akme Fintrade IPO is subscribed 54.49 times by Jun 21, 2024 18:19.
Investor Category | Subscription (times) |
---|---|
Qualified Institutional | 28.12 |
Non Institutional | 129.98 |
Retail Individual | 44.58 |
Employee Reservations | 5.42 |
Total Subscription | 54.49 |
An investor can apply in Akme Fintrade IPO online via bank (using ASBA) or the broker (using UPI). The Akme Fintrade IPO shares are offered online only.
The Akme Fintrade IPO is subscribed 54.49 times by Jun 21, 2024 18:19.
The Akme Fintrade IPO allotment status is expected on or around Monday, June 24, 2024. Visit Akme Fintrade IPO allotment status to check.
The Akme Fintrade IPO listing date is June 26, 2024. The equity share of Akme Fintrade IPO will list on BSE, NSE.
Visit Akme Fintrade IPO subscription status page for real-time bidding information about Akme Fintrade IPO.
IPO opens On | Wednesday, June 19, 2024 |
IPO Closes On | Friday, June 21, 2024 |
Finalisation of Basis of Allotment | Monday, June 24, 2024 |
Initiation of Refunds | Tuesday, June 25, 2024 |
Credit of Shares to Demat Account | Tuesday, June 25, 2024 |
IPO Listing Date | Wednesday, June 26, 2024 |