A total of 58,90,488 shares at a price of Rs 280 per share will be allotted to the anchor investors.
Anchor investors bid opening date | Dec 18, 2023 |
Anchor investor price | Rs.280.00 |
Anchor investors as % of QIBs | 60.00% |
No. of shares locked-in for 30 days | 29,45,244 |
No. of shares locked-in for 90 days | 29,45,244 |
S.No. | Anchor Investor | No. of Shares Allotted | Amount (Rs.cr.) | % Allotment within Anchor Investor Portion | % Allotment of Issue |
---|---|---|---|---|---|
1 | NIPPON INDIA MUTUAL FUND | 15,00,006 | 42.00 | 25.46 | 7.64 |
2 | ADITYA BIRLA SUN LIFE INSURANCE CO.LTD. | 7,14,334 | 20.00 | 12.13 | 3.64 |
3 | HSBC MUTUAL FUND | 7,14,334 | 20.00 | 12.13 | 3.64 |
4 | BAJAJ ALLIANZ LIFE INSURANCE CO.LTD. | 5,35,724 | 15.00 | 9.09 | 2.73 |
5 | KOTAK MAHINDRA LIFE INSURANCE CO.LTD. | 5,35,724 | 15.00 | 9.09 | 2.73 |
6 | INTEGRATED CORE STRATEGIES (ASIA) PTE.LTD. | 4,46,472 | 12.50 | 7.58 | 2.27 |
7 | MORGAN STANLEY ASIA (SINGAPORE) PTE.-ODI | 4,46,472 | 12.50 | 7.58 | 2.27 |
8 | SBI GENERAL INSURANCE CO.LTD. | 3,20,549 | 8.98 | 5.44 | 1.63 |
9 | JM FINANCIAL MUTUAL FUND | 2,84,827 | 7.98 | 4.84 | 1.45 |
10 | SUBHKAM VENTURES (I) PVT.LTD. | 2,13,436 | 5.98 | 3.62 | 1.09 |
11 | RELIANCE GENERAL INSURANCE CO.LTD. | 1,78,610 | 5.00 | 3.03 | 0.91 |
58,90,488 | 164.93 | 100 | 30.00 |
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 Credo Brands Marketing IPO is subscribed 51.85 times by Dec 21, 2023 19:02.
Investor Category | Subscription (times) |
---|---|
Qualified Institutional | 104.95 |
Non Institutional | 55.52 |
Retail Individual | 19.94 |
Total Subscription | 51.85 |
An investor can apply in Credo Brands Marketing IPO online via bank (using ASBA) or the broker (using UPI). The Credo Brands Marketing IPO shares are offered online only.
The Credo Brands Marketing IPO is subscribed 51.85 times by Dec 21, 2023 19:02.
The Credo Brands Marketing IPO allotment status is expected on or around Friday, December 22, 2023. Visit Credo Brands Marketing IPO allotment status to check.
The Credo Brands Marketing IPO listing date is December 27, 2023. The equity share of Credo Brands Marketing IPO will list on BSE, NSE.
Visit Credo Brands Marketing IPO subscription status page for real-time bidding information about Credo Brands Marketing IPO.
IPO opens On | Tuesday, December 19, 2023 |
IPO Closes On | Thursday, December 21, 2023 |
Finalisation of Basis of Allotment | Friday, December 22, 2023 |
Initiation of Refunds | Tuesday, December 26, 2023 |
Credit of Shares to Demat Account | Tuesday, December 26, 2023 |
IPO Listing Date | Wednesday, December 27, 2023 |
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