A total of 61,07,325 shares at a price of Rs 295 per share will be allotted to the anchor investors.
Anchor investors bid opening date | Mar 11, 2024 |
Anchor investor price | Rs.295.00 |
Anchor investors as % of QIBs | 60.00% |
No. of shares locked-in for 30 days | 30,53,663 |
No. of shares locked-in for 90 days | 30,53,663 |
S.No. | Anchor Investor | No. of Shares Allotted | Amount (Rs.cr.) | % Allotment within Anchor Investor Portion | % Allotment of Issue |
---|---|---|---|---|---|
1 | HDFC MUTUAL FUND | 25,08,500 | 74.00 | 41.07 | 12.30 |
1A. | HDFC ELSS TAX SAVER | 15,05,100 | 44.40 | 24.64 | 7.38 |
1B. | HDFC RETIREMENT SAVINGS FUND-HYBRID DEBT PLAN | 10,050 | 0.30 | 0.16 | 0.05 |
1C. | HDFC RETIREMENT SAVINGS FUND-HYBRID EQUITY PLAN | 2,40,800 | 7.10 | 3.94 | 1.18 |
1D. | HDFC TRANSPORTATION & LOGISTICS FUND | 2,50,850 | 7.40 | 4.11 | 1.23 |
1E. | HDFC VALUE FUND | 5,01,700 | 14.80 | 8.21 | 2.46 |
2 | QUANT MUTUAL FUND | 11,35,600 | 33.50 | 18.59 | 5.57 |
2A. | QUANT FLEXI CAP FUND | 5,08,450 | 15.00 | 8.33 | 2.49 |
2B. | QUANT MOMENTUM FUND | 6,27,150 | 18.50 | 10.27 | 3.08 |
3 | HSBC GLOBAL INVESTMENT FUNDS-ASIA EX JAPAN EQUITY SMALLER COMPANIES | 6,10,200 | 18.00 | 9.99 | 2.99 |
4 | LIONGLOBAL INVESTMENT FUNDS-LIONGLOBAL INDIA FUND | 2,37,848 | 7.02 | 3.89 | 1.17 |
5 | BOFA SECURITIES EUROPE SA-ODI | 2,20,897 | 6.52 | 3.62 | 1.08 |
6 | PINEBRIDGE GLOBAL FUNDS-PINEBRIDGE INDIA EQUITY FUND | 2,03,948 | 6.02 | 3.34 | 1.00 |
7 | 3P INDIA EQUITY FUND I | 1,70,047 | 5.02 | 2.78 | 0.83 |
8 | CITIGROUP GLOBAL MARKETS MAURITIUS PVT.LTD. | 1,70,047 | 5.02 | 2.78 | 0.83 |
9 | COPTHALL MAURITIUS INVESTMENT LTD.-ODI ACCOUNT | 1,70,047 | 5.02 | 2.78 | 0.83 |
10 | INTEGRATED CORE STRATEGIES (ASIA) PTE.LTD. | 1,70,047 | 5.02 | 2.78 | 0.83 |
11 | ITI MUTUAL FUND | 1,70,048 | 5.02 | 2.78 | 0.83 |
12 | LC PHAROS MULTI STRATEGY FUND VCC-LC PHAROS MULTI STRATEGY FUND SF1 | 1,70,048 | 5.02 | 2.78 | 0.83 |
13 | SBI GENERAL INSURANCE CO.LTD. | 1,70,048 | 5.02 | 2.78 | 0.83 |
61,07,325 | 180.17 | 100 | 29.95 |
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 Popular Vehicles IPO is subscribed 1.25 times by Mar 14, 2024 18:21.
Investor Category | Subscription (times) |
---|---|
Qualified Institutional | 1.92 |
Non Institutional | 0.67 |
Retail Individual | 1.07 |
Employee Reservations | 8.04 |
Total Subscription | 1.25 |
An investor can apply in Popular Vehicles IPO online via bank (using ASBA) or the broker (using UPI). The Popular Vehicles IPO shares are offered online only.
The Popular Vehicles IPO is subscribed 1.25 times by Mar 14, 2024 18:21.
The Popular Vehicles IPO allotment status is expected on or around Friday, March 15, 2024. Visit Popular Vehicles IPO allotment status to check.
The Popular Vehicles IPO listing date is March 19, 2024. The equity share of Popular Vehicles IPO will list on BSE, NSE.
Visit Popular Vehicles IPO subscription status page for real-time bidding information about Popular Vehicles IPO.
IPO opens On | Tuesday, March 12, 2024 |
IPO Closes On | Thursday, March 14, 2024 |
Finalisation of Basis of Allotment | Friday, March 15, 2024 |
Initiation of Refunds | Monday, March 18, 2024 |
Credit of Shares to Demat Account | Monday, March 18, 2024 |
IPO Listing Date | Tuesday, March 19, 2024 |