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 Ascom Leasing IPO is subscribed 1.474 times by Nov 28, 2019 18:30.
Investor Category | Subscription (times) |
---|---|
Qualified Institutional | |
Non Institutional | 1.92 |
Retail Individual | 1.028 |
Total Subscription | 1.474 |
An investor can apply in Ascom Leasing IPO online via bank (using ASBA) or the broker (using UPI). The Ascom Leasing IPO shares are offered online only.
The Ascom Leasing IPO is subscribed 1.474 times by Nov 28, 2019 18:30.
The Ascom Leasing IPO allotment status is expected on or around [.]. Visit Ascom Leasing IPO allotment status to check.
The Ascom Leasing IPO listing date is December 6, 2019. The equity share of Ascom Leasing IPO will list on NSE SME.
Visit Ascom Leasing IPO subscription status page for real-time bidding information about Ascom Leasing IPO.
IPO opens On | Tuesday, November 26, 2019 |
IPO Closes On | Thursday, November 28, 2019 |
Finalisation of Basis of Allotment | [.] |
Initiation of Refunds | [.] |
Credit of Shares to Demat Account | [.] |
IPO Listing Date | Friday, December 6, 2019 |