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?
Disclaimer: The above information / data is sourced from National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) websites and is subject to change in real time. For latest information / data, please refer to the respective websites. The information / data provided herein is for informational purposes only and is provided by Chittorgarh.com on "AS IS" and "AS AVAILABLE" basis and without warranty, express or implied. Chittorgarh.com does not warrant the accuracy, adequacy or completeness of the information you obtain through the above websites. Chittorgarh.com shall not be liable in any way for any discrepancies, errors, omissions, losses or damage. Chittorgarh.com, including its affiliates and its directors, staff and employees, shall not be liable for any loss, damage of any kind, including but not limited to direct, indirect, punitive, exemplary, consequential damages and lost profits arising in any way out of the use of information / data obtained through the said websites. The recipient alone is fully responsible / liable for any decision made based on this information / data. All recipients, before relying on the said information, should do their own research and seek appropriate professional advice.
The ADJIA Technologies IPO is subscribed 6.0296 times by Mar 04, 2021 07:49.
Investor Category | Subscription (times) |
---|---|
Qualified Institutional | |
Non Institutional | 0.8757 |
Retail Individual | 5.1538 |
Total Subscription | 6.0296 |
An investor can apply in ADJIA Technologies IPO online via bank (using ASBA) or the broker (using UPI). The ADJIA Technologies IPO shares are offered online only.
The ADJIA Technologies IPO is subscribed 6.0296 times by Mar 04, 2021 07:49.
The ADJIA Technologies IPO allotment status is expected on or around Tuesday, March 9, 2021. Visit ADJIA Technologies IPO allotment status to check.
The ADJIA Technologies IPO listing date is March 15, 2021. The equity share of ADJIA Technologies IPO will list on BSE SME.
Visit ADJIA Technologies IPO subscription status page for real-time bidding information about ADJIA Technologies IPO.
IPO opens On | Tuesday, March 2, 2021 |
IPO Closes On | Thursday, March 4, 2021 |
Finalisation of Basis of Allotment | Tuesday, March 9, 2021 |
Initiation of Refunds | Wednesday, March 10, 2021 |
Credit of Shares to Demat Account | Friday, March 12, 2021 |
IPO Listing Date | Monday, March 15, 2021 |
Useful Articles