A total of 78,95,138 shares at a price of Rs 95 per share will be allotted to the anchor investors.
Anchor investors bid opening date | Oct 07, 2024 |
Anchor investor price | Rs.95.00 |
Anchor investors as % of QIBs | 60.00% |
No. of shares locked-in for 30 days | 41,70,000 |
No. of shares locked-in for 90 days | 41,70,000 |
S.No. | Anchor Investor | No. of Shares Allotted | Amount (Rs.cr.) | % Allotment within Anchor Investor Portion | % Allotment of Issue |
---|---|---|---|---|---|
1 | AG DYNAMIC FUNDS LTD. | 21,05,370 | 20.00 | 26.67 | 7.57 |
2 | BRIDGE INDIA FUND | 10,52,685 | 10.00 | 13.33 | 3.79 |
3 | MAYBANK SECURITIES PTE.LTD. | 10,52,685 | 10.00 | 13.33 | 3.79 |
4 | NORTH STAR OPPORTUNITIES FUND VCC-BULL VALUE INCORPORATED VCC SUB FUND | 10,52,685 | 10.00 | 13.33 | 3.79 |
5 | RESONANCE OPPORTUNITIES FUND | 10,52,685 | 10.00 | 13.33 | 3.79 |
6 | TRUST MUTUAL FUND | 10,52,685 | 10.00 | 13.33 | 3.79 |
7 | COGNIZANT CAPITAL DYNAMIC OPPORTUNITIES FUND | 5,26,343 | 5.00 | 6.67 | 1.89 |
78,95,138 | 75.00 | 100 | 28.40 |
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 Garuda Construction IPO is subscribed 7.55 times by Oct 10, 2024 18:19.
Investor Category | Subscription (times) |
---|---|
Qualified Institutional | 1.24 |
Non Institutional | 9.03 |
Retail Individual | 10.81 |
Total Subscription | 7.55 |
An investor can apply in Garuda Construction IPO online via bank (using ASBA) or the broker (using UPI). The Garuda Construction IPO shares are offered online only.
The Garuda Construction IPO is subscribed 7.55 times by Oct 10, 2024 18:19.
The Garuda Construction IPO allotment status is expected on or around Friday, October 11, 2024. Visit Garuda Construction IPO allotment status to check.
The Garuda Construction IPO listing date is October 15, 2024. The equity share of Garuda Construction IPO will list on BSE, NSE.
Visit Garuda Construction IPO subscription status page for real-time bidding information about Garuda Construction IPO.
IPO opens On | Tuesday, October 8, 2024 |
IPO Closes On | Thursday, October 10, 2024 |
Finalisation of Basis of Allotment | Friday, October 11, 2024 |
Initiation of Refunds | Monday, October 14, 2024 |
Credit of Shares to Demat Account | Monday, October 14, 2024 |
IPO Listing Date | Tuesday, October 15, 2024 |
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