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 Ashapuri Gold Ornament IPO is subscribed 1.1632 times by Mar 18, 2019 18:50.
Investor Category | Subscription (times) |
---|---|
Qualified Institutional | |
Non Institutional | 2.0719 |
Retail Individual | 0.2546 |
Total Subscription | 1.1632 |
An investor can apply in Ashapuri Gold Ornament IPO online via bank (using ASBA) or the broker (using UPI). The Ashapuri Gold Ornament IPO shares are offered online only.
The Ashapuri Gold Ornament IPO is subscribed 1.1632 times by Mar 18, 2019 18:50.
The Ashapuri Gold Ornament IPO allotment status is expected on or around Friday, March 22, 2019. Visit Ashapuri Gold Ornament IPO allotment status to check.
The Ashapuri Gold Ornament IPO listing date is March 27, 2019. The equity share of Ashapuri Gold Ornament IPO will list on BSE SME.
Visit Ashapuri Gold Ornament IPO subscription status page for real-time bidding information about Ashapuri Gold Ornament IPO.
IPO opens On | Wednesday, March 13, 2019 |
IPO Closes On | Monday, March 18, 2019 |
Finalisation of Basis of Allotment | Friday, March 22, 2019 |
Initiation of Refunds | Monday, March 25, 2019 |
Credit of Shares to Demat Account | Tuesday, March 26, 2019 |
IPO Listing Date | Wednesday, March 27, 2019 |
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