A total of 9,50,586 shares at a price of Rs 529 per share will be allotted to the anchor investors.
Anchor investors bid opening date | Aug 30, 2024 |
Anchor investor price | Rs.529.00 |
Anchor investors as % of QIBs | 60.00% |
No. of shares locked-in for 30 days | 4,75,293 |
No. of shares locked-in for 90 days | 4,75,293 |
S.No. | Anchor Investor | No. of Shares Allotted | Amount (Rs.cr.) | % Allotment within Anchor Investor Portion | % Allotment of Issue |
---|---|---|---|---|---|
1 | NEGEN UNDISCOVERED VALUE FUND | 2,88,890 | 15.28 | 30.39 | 9.10 |
2 | CHHATTISGARH INVESTMENTS LTD. | 94,528 | 5.00 | 9.94 | 2.98 |
3 | COGNIZANT CAPITAL DYNAMIC OPPORTUNITIES FUND | 94,528 | 5.00 | 9.94 | 2.98 |
4 | FINAVENUE GROWTH FUND | 94,528 | 5.00 | 9.94 | 2.98 |
5 | GAGANDEEP CREDIT CAPITAL PVT.LTD. | 94,528 | 5.00 | 9.94 | 2.98 |
6 | INDIA EMERGING GIANTS FUND LTD. | 94,528 | 5.00 | 9.94 | 2.98 |
7 | NAV CAPITAL VCC-NAV CAPITAL EMERGING STAR FUND | 94,528 | 5.00 | 9.94 | 2.98 |
8 | RESONANCE OPPORTUNITIES FUND | 94,528 | 5.00 | 9.94 | 2.98 |
9,50,586 | 50.29 | 100 | 29.95 |
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 Gala Precision Engineering IPO is subscribed 201.41 times by Sep 04, 2024 18:19.
Investor Category | Subscription (times) |
---|---|
Qualified Institutional | 232.54 |
Non Institutional | 414.62 |
Retail Individual | 91.95 |
Employee Reservations | 258.95 |
Total Subscription | 201.41 |
An investor can apply in Gala Precision Engineering IPO online via bank (using ASBA) or the broker (using UPI). The Gala Precision Engineering IPO shares are offered online only.
The Gala Precision Engineering IPO is subscribed 201.41 times by Sep 04, 2024 18:19.
The Gala Precision Engineering IPO allotment status is expected on or around Thursday, September 5, 2024. Visit Gala Precision Engineering IPO allotment status to check.
The Gala Precision Engineering IPO listing date is September 9, 2024. The equity share of Gala Precision Engineering IPO will list on BSE, NSE.
Visit Gala Precision Engineering IPO subscription status page for real-time bidding information about Gala Precision Engineering IPO.
IPO opens On | Monday, September 2, 2024 |
IPO Closes On | Wednesday, September 4, 2024 |
Finalisation of Basis of Allotment | Thursday, September 5, 2024 |
Initiation of Refunds | Friday, September 6, 2024 |
Credit of Shares to Demat Account | Friday, September 6, 2024 |
IPO Listing Date | Monday, September 9, 2024 |
Useful Articles