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 Faalcon Concepts IPO is subscribed 71.28 times by Apr 23, 2024 19:02.
Investor Category | Subscription (times) |
---|---|
Qualified Institutional | |
Non Institutional | 93.27 |
Retail Individual | 47.17 |
Total Subscription | 71.28 |
An investor can apply in Faalcon Concepts IPO online via bank (using ASBA) or the broker (using UPI). The Faalcon Concepts IPO shares are offered online only.
The Faalcon Concepts IPO is subscribed 71.28 times by Apr 23, 2024 19:02.
The Faalcon Concepts IPO allotment status is expected on or around Wednesday, April 24, 2024. Visit Faalcon Concepts IPO allotment status to check.
The Faalcon Concepts IPO listing date is April 26, 2024. The equity share of Faalcon Concepts IPO will list on BSE SME.
Visit Faalcon Concepts IPO subscription status page for real-time bidding information about Faalcon Concepts IPO.
IPO opens On | Friday, April 19, 2024 |
IPO Closes On | Tuesday, April 23, 2024 |
Finalisation of Basis of Allotment | Wednesday, April 24, 2024 |
Initiation of Refunds | Thursday, April 25, 2024 |
Credit of Shares to Demat Account | Thursday, April 25, 2024 |
IPO Listing Date | Friday, April 26, 2024 |