A total of 73,48,350 shares at a price of Rs 421 per share will be allotted to the anchor investors.
| Anchor investors bid opening date | Jun 20, 2016 |
| Anchor investor price | ₹421.00 |
| Anchor investors as % of QIBs | 60.00% |
| No. of shares locked-in for 30 days | 36,74,175 |
| No. of shares locked-in for 90 days | 36,74,175 |
📑 Anchor Investor Allotment Letter
📊 Historic report - IPOs Anchor Investors Investment & Performance
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 Mahanagar Gas IPO is subscribed 64.54 times by Jun 23, 2016 23:00.
| Investor Category | Subscription (times) |
|---|---|
| Qualified Institutional | 72.84 |
| Non Institutional | 191.61 |
| Retail Individual | 6.82 |
| Employee Reservations | 1.18 |
| Total Subscription | 64.54 |
An investor can apply in Mahanagar Gas IPO online via bank (using ASBA) or the broker (using UPI). The Mahanagar Gas IPO shares are offered online only.
The Mahanagar Gas IPO is subscribed 64.54 times by Jun 23, 2016 23:00.
The Mahanagar Gas IPO allotment status is expected on or around [.]. Visit Mahanagar Gas IPO allotment status to check.
The Mahanagar Gas IPO listing date is July 1, 2016. The equity share of Mahanagar Gas IPO will list on BSE, NSE.
Visit Mahanagar Gas IPO subscription status page for real-time bidding information about Mahanagar Gas IPO.
| IPO opens On | Tuesday, June 21, 2016 |
| IPO Closes On | Thursday, June 23, 2016 |
| Finalisation of Basis of Allotment | [.] |
| Initiation of Refunds | [.] |
| Credit of Shares to Demat Account | [.] |
| IPO Listing Date | Friday, July 1, 2016 |