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 Muthoot Finance IPO is subscribed 24.55 times by Apr 21, 2011 19:15.
Investor Category | Subscription (times) |
---|---|
Qualified Institutional | 25.01 |
Non Institutional | 60.94 |
Retail Individual | 8.5 |
Total Subscription | 24.55 |
An investor can apply in Muthoot Finance IPO online via bank (using ASBA) or the broker (using UPI). The Muthoot Finance IPO shares are offered online only.
The Muthoot Finance IPO is subscribed 24.55 times by Apr 21, 2011 19:15.
The Muthoot Finance IPO allotment status is expected on or around [.]. Visit Muthoot Finance IPO allotment status to check.
The Muthoot Finance IPO listing date is May 6, 2011. The equity share of Muthoot Finance IPO will list on BSE, NSE.
Visit Muthoot Finance IPO subscription status page for real-time bidding information about Muthoot Finance IPO.
IPO opens On | Monday, April 18, 2011 |
IPO Closes On | Thursday, April 21, 2011 |
Finalisation of Basis of Allotment | [.] |
Initiation of Refunds | [.] |
Credit of Shares to Demat Account | [.] |
IPO Listing Date | Friday, May 6, 2011 |