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 NMDC FPO is subscribed 1.2455 times by Mar 12, 2010 19:30.
Investor Category | Subscription (times) |
---|---|
Qualified Institutional | 2.2844 |
Non Institutional | 0.2204 |
Retail Individual | 0.2183 |
Employee Reservations | 0.0661 |
Total Subscription | 1.2455 |
An investor can apply in NMDC FPO online via bank (using ASBA) or the broker (using UPI). The NMDC FPO shares are offered online only.
The NMDC FPO is subscribed 1.2455 times by Mar 12, 2010 19:30.
The NMDC FPO allotment status is expected on or around [.]. Visit NMDC FPO allotment status to check.
The NMDC FPO listing date is March 30, 2010. The equity share of NMDC FPO will list on BSE, NSE.
Visit NMDC FPO subscription status page for real-time bidding information about NMDC FPO.
IPO opens On | Wednesday, March 10, 2010 |
IPO Closes On | Friday, March 12, 2010 |
Finalisation of Basis of Allotment | [.] |
Initiation of Refunds | [.] |
Credit of Shares to Demat Account | [.] |
IPO Listing Date | Tuesday, March 30, 2010 |
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