November 21, 2023 - November 23, 2023

IREDA IPO Subscription Details

IPO Detail

IREDA IPO Anchor Investor Allocation

A total of 20,10,19,726 shares at a price of Rs 32 per share will be allotted to the anchor investors.

Anchor investors bid opening date	Nov 20, 2023
Anchor investor price	₹32.00
Anchor investors as % of QIBs	60.00%
No. of shares locked-in for 30 days	10,05,09,863
No. of shares locked-in for 90 days	10,05,09,863

📑 Anchor Investor Allotment Letter

📊 Historic report - IPOs Anchor Investors Investment & Performance

S.No.	Anchor Investor	Group Entity	No. of Shares Allotted	Amount (Rs.cr.)	% Allotment within Anchor Investor Portion	% Allotment of Issue
1	SBI BANKING & FINANCIAL SERVICES FUND	SBI MUTUAL FUND	1,01,55,880	32.50	5.05	1.51
2	HDFC MULTI CAP FUND	HDFC MUTUAL FUND	46,87,400	15.00	2.33	0.70
3	HDFC BUSINESS CYCLE FUND	HDFC MUTUAL FUND	46,87,860	15.00	2.33	0.70
4	ICICI PRUDENTIAL PSU EQUITY FUND	ICICI PRUDENTIAL MUTUAL FUND	46,87,400	15.00	2.33	0.70
5	ICICI PRUDENTIAL MIDCAP FUND	ICICI PRUDENTIAL MUTUAL FUND	46,87,860	15.00	2.33	0.70
6	NIPPON INDIA SMALL CAP FUND	NIPPON INDIA MUTUAL FUND	70,31,100	22.50	3.50	1.05
7	NIPPON INDIA BANKING & FINANCIAL SERVICES FUND	NIPPON INDIA MUTUAL FUND	11,72,080	3.75	0.58	0.17
8	NIPPON INDIA POWER & INFRA FUND	NIPPON INDIA MUTUAL FUND	11,72,080	3.75	0.58	0.17
9	KOTAK CONTRA FUND	KOTAK MAHINDRA MUTUAL FUND	4,94,960	1.58	0.25	0.07
10	KOTAK ELSS TAX SAVER FUND	KOTAK MAHINDRA MUTUAL FUND	8,22,020	2.63	0.41	0.12
11	KOTAK LARGE & MIDCAP FUND	KOTAK MAHINDRA MUTUAL FUND	24,66,980	7.89	1.23	0.37
12	KOTAK FLEXICAP FUND	KOTAK MAHINDRA MUTUAL FUND	24,66,980	7.89	1.23	0.37
13	KOTAK PIONEER FUND	KOTAK MAHINDRA MUTUAL FUND	5,75,460	1.84	0.29	0.09
14	KOTAK MULTICAP FUND	KOTAK MAHINDRA MUTUAL FUND	16,44,500	5.26	0.82	0.24
15	KOTAK BUSINESS CYCLE FUND	KOTAK MAHINDRA MUTUAL FUND	5,75,460	1.84	0.29	0.09
16	KOTAK BANKING & FINANCIAL SERVICES FUND	KOTAK MAHINDRA MUTUAL FUND	3,28,900	1.05	0.16	0.05
17	ADITYA BIRLA SUN LIFE PSU EQUITY FUND	ADITYA BIRLA SUN LIFE MUTUAL FUND	93,74,800	30.00	4.66	1.40
18	GOLDMAN SACHS FUNDS-GOLDMAN SACHS INDIA EQUITY PORTFOLIO	GOLDMAN SACHS	93,75,260	30.00	4.66	1.40
19	ASHOKA WHITEOAK ICAV-ASHOKA WHITEOAK INDIA OPPORTUNITIES FUND	ASHOKA WHITEOAK	93,75,260	30.00	4.66	1.40
20	KOTAK FUNDS-INDIA MIDCAP FUND	KOTAK	93,75,260	30.00	4.66	1.40
21	PUBLIC SECTOR PENSION INVESTMENT BOARD-IIFL ASSET MANAGEMENT LTD.	PUBLIC SECTOR PENSION INVESTMENT BOARD	1,25,00,040	40.00	6.22	1.86
22	SBI LIFE INSURANCE CO.LTD.	SBI LIFE INSURANCE	93,75,260	30.00	4.66	1.40
23	ICICI PRUDENTIAL LIFE INSURANCE CO.LTD.	ICICI PRUDENTIAL LIFE INSURANCE	78,12,640	25.00	3.89	1.16
24	HDFC LIFE INSURANCE CO.LTD.	HDFC LIFE INSURANCE	78,12,640	25.00	3.89	1.16
25	MAGNA UMBRELLA FUND PLC-MAGNA EM INCOME & GROWTH FUND	MAGNA UMBRELLA FUND	62,50,020	20.00	3.11	0.93
26	DSP LARGE & MID CAP FUND	DSP MUTUAL FUND	27,07,100	8.66	1.35	0.40
27	DSP ELSS TAX SAVER FUND	DSP MUTUAL FUND	35,42,920	11.34	1.76	0.53
28	INTEGRATED CORE STRATEGIES (ASIA) PTE.LTD.	INTEGRATED CORE	62,50,020	20.00	3.11	0.93
29	SBI GENERAL INSURANCE CO.LTD.	SBI GENERAL INSURANCE	62,50,020	20.00	3.11	0.93
30	AXIS MAX LIFE INSURANCE LTD.-ULIF00225/06/04 LIFEBALANC 104-BALANCED FUND	AXIS MAX LIFE INSURANCE	31,93,320	10.22	1.59	0.48
31	MAX LIFE INSURANCE CO.LTD.-ULIF 01715/02/13 PENSMAXIMI 104-PENSION MAXIMISER FUND	MAX LIFE INSURANCE	12,49,820	4.00	0.62	0.19
32	MAX LIFE INSURANCE CO.LTD.-ULIF 01815/02/13 PENSPRESER 104-PENSION PRESERVER FUND	MAX LIFE INSURANCE	1,25,120	0.40	0.06	0.02
33	MAX LIFE INSURANCE CO.LTD.-ULIF 00725/11/05 PENSCONSER 104-PENSION CONSERVATIVE FUND	MAX LIFE INSURANCE	6,900	0.02	0.00	0.00
34	MAX LIFE INSURANCE CO.LTD.-ULIF 00117/04/06 GRATGROWTH 104-GROUP GRATUITY GROWTH FUND	MAX LIFE INSURANCE	1,09,480	0.35	0.05	0.02
35	MAX LIFE INSURANCE CO.LTD.-ULIF 01004/10/06 AMSRGUADYN 104-AMSURE GUARANTEED DYNAMIC FUND	MAX LIFE INSURANCE	3,220	0.01	0.00	0.00
36	UTI BANKING & FINANCIAL SERVICES FUND	UTI MUTUAL FUND	46,87,860	15.00	2.33	0.70
37	BANDHAN SMALL CAP FUND	BANDHAN MUTUAL FUND	23,43,700	7.50	1.17	0.35
38	BANDHAN FINANCIAL SERVICES FUND	BANDHAN MUTUAL FUND	23,44,160	7.50	1.17	0.35
39	SOCIETE GENERALE-ODI	SOCIETE GENERAL	42,19,120	13.50	2.10	0.63
40	GAM STAR EMERGING EQUITY	GAM	31,25,240	10.00	1.55	0.47
41	WHITEOAK CAPITAL MID CAP FUND	WHITEOAK CAPITAL MUTUAL FUND	16,38,060	5.24	0.81	0.24
42	WHITEOAK CAPITAL MULTI CAP FUND	WHITEOAK CAPITAL MUTUAL FUND	9,20,000	2.94	0.46	0.14
43	WHITEOAK CAPITAL ELSS TAX SAVER FUND	WHITEOAK CAPITAL MUTUAL FUND	1,72,960	0.55	0.09	0.03
44	WHITEOAK CAPITAL LARGE CAP FUND	WHITEOAK CAPITAL MUTUAL FUND	3,94,220	1.26	0.20	0.06
45	SUNDARAM MULTI CAP FUND	SUNDARAM MUTUAL FUND	14,06,220	4.50	0.70	0.21
46	SUNDARAM MID CAP FUND	SUNDARAM MUTUAL FUND	14,06,220	4.50	0.70	0.21
47	SUNDARAM INFRASTRUCTURE ADVANTAGE FUND	SUNDARAM MUTUAL FUND	3,12,800	1.00	0.16	0.05
48	BARODA BNP PARIBAS BANKING & FINANCIAL SERVICES FUND	BARODA BNP PARIBAS MUTUAL FUND	5,62,120	1.80	0.28	0.08
49	BARODA BNP PARIBAS LARGE & MID CAP FUND	BARODA BNP PARIBAS MUTUAL FUND	25,63,120	8.20	1.28	0.38
50	KOTAK MAHINDRA LIFE INSURANCE CO.LTD.	KOTAK MAHINDRA	31,25,240	10.00	1.55	0.47
51	LIC MF LARGE & MID CAP FUND	LIC MUTUAL FUND	31,25,240	10.00	1.55	0.47
52	RELIANCE NIPPON LIFE INSURANCE CO.LTD.	RELIANCE NIPPON LIFE INSURANCE	31,25,240	10.00	1.55	0.47
53	DURO ONE INVESTMENTS LTD.	DURO	31,25,240	10.00	1.55	0.47
54	BNP PARIBAS ARBITRAGE-ODI	BNP PARIBAS	31,25,240	10.00	1.55	0.47
55	MOON CAPITAL TRADING PTE.LTD.	MOON CAPITAL	22,63,846	7.24	1.13	0.34
56	COPTHALL MAURITIUS INVESTMENT LTD.-ODI ACCOUNT	COPTHALL	15,62,620	5.00	0.78	0.23
57	KOTAK OPTIMUS AGGRESSIVE SCHEME	KOTAK	15,62,620	5.00	0.78	0.23
58	GOLDMAN SACHS (SINGAPORE) PTE.-ODI	GOLDMAN SACHS	15,62,620	5.00	0.78	0.23
			20,10,19,726	643.26	100	29.92

IPO Investor Categories

Qualified Institutional Buyers (QIB)
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.
Non-Institutional Investors (NII)
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:
1. sNII (bids below Rs 10L)
  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).
2. bNII (bids above Rs 10L)
  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).
Retail Individual Investors (RII)
The retail individual investor or NRIs who apply up to Rs 2 lakhs in an IPO are considered as RII reserved category.
Employee (EMP)
A category of eligible employees who have a reserved quota in the IPO.
Others
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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IREDA IPO Subscription FAQs

The IREDA IPO is subscribed 38.8 times by Nov 23, 2023 17:39.