A total of 4,50,00,000 shares at a price of Rs 289 per share will be allotted to the anchor investors.
Anchor investors bid opening date | Nov 05, 2024 |
Anchor investor price | Rs.289.00 |
Anchor investors as % of QIBs | 60.00% |
No. of shares locked-in for 30 days | 2,25,00,000 |
No. of shares locked-in for 90 days | 2,25,00,000 |
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 ACME Solar Holdings IPO is subscribed 2.89 times by Nov 08, 2024 18:19.
Investor Category | Subscription (times) |
---|---|
Qualified Institutional | 3.72 |
Non Institutional | 1.02 |
Retail Individual | 3.25 |
Employee Reservations | 1.85 |
Total Subscription | 2.89 |
An investor can apply in ACME Solar Holdings IPO online via bank (using ASBA) or the broker (using UPI). The ACME Solar Holdings IPO shares are offered online only.
The ACME Solar Holdings IPO is subscribed 2.89 times by Nov 08, 2024 18:19.
The ACME Solar Holdings IPO allotment status is expected on or around Monday, November 11, 2024. Visit ACME Solar Holdings IPO allotment status to check.
The ACME Solar Holdings IPO listing date is November 13, 2024. The equity share of ACME Solar Holdings IPO will list on BSE, NSE.
Visit ACME Solar Holdings IPO subscription status page for real-time bidding information about ACME Solar Holdings IPO.
IPO opens On | Wednesday, November 6, 2024 |
IPO Closes On | Friday, November 8, 2024 |
Finalisation of Basis of Allotment | Monday, November 11, 2024 |
Initiation of Refunds | Tuesday, November 12, 2024 |
Credit of Shares to Demat Account | Tuesday, November 12, 2024 |
IPO Listing Date | Wednesday, November 13, 2024 |
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