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 Exhicon Events Media IPO is subscribed 1.95 times by Apr 05, 2023 19:02.
Investor Category | Subscription (times) |
---|---|
Qualified Institutional | 1 |
Non Institutional | 3.28 |
Retail Individual | 2.31 |
Total Subscription | 1.95 |
An investor can apply in Exhicon Events Media IPO online via bank (using ASBA) or the broker (using UPI). The Exhicon Events Media IPO shares are offered online only.
The Exhicon Events Media IPO is subscribed 1.95 times by Apr 05, 2023 19:02.
The Exhicon Events Media IPO allotment status is expected on or around Tuesday, April 11, 2023. Visit Exhicon Events Media IPO allotment status to check.
The Exhicon Events Media IPO listing date is April 17, 2023. The equity share of Exhicon Events Media IPO will list on BSE SME.
Visit Exhicon Events Media IPO subscription status page for real-time bidding information about Exhicon Events Media IPO.
IPO opens On | Friday, March 31, 2023 |
IPO Closes On | Wednesday, April 5, 2023 |
Finalisation of Basis of Allotment | Tuesday, April 11, 2023 |
Initiation of Refunds | Wednesday, April 12, 2023 |
Credit of Shares to Demat Account | Thursday, April 13, 2023 |
IPO Listing Date | Monday, April 17, 2023 |
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