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 Precision Metaliks IPO is subscribed 7.358 times by Jan 24, 2022 17:42.
Investor Category | Subscription (times) |
---|---|
Qualified Institutional | |
Non Institutional | 2.8149 |
Retail Individual | 11.9011 |
Total Subscription | 7.358 |
An investor can apply in Precision Metaliks IPO online via bank (using ASBA) or the broker (using UPI). The Precision Metaliks IPO shares are offered online only.
The Precision Metaliks IPO is subscribed 7.358 times by Jan 24, 2022 17:42.
The Precision Metaliks IPO allotment status is expected on or around Friday, January 28, 2022. Visit Precision Metaliks IPO allotment status to check.
The Precision Metaliks IPO listing date is February 1, 2022. The equity share of Precision Metaliks IPO will list on NSE SME.
Visit Precision Metaliks IPO subscription status page for real-time bidding information about Precision Metaliks IPO.
IPO opens On | Wednesday, January 19, 2022 |
IPO Closes On | Monday, January 24, 2022 |
Finalisation of Basis of Allotment | Friday, January 28, 2022 |
Initiation of Refunds | Monday, January 31, 2022 |
Credit of Shares to Demat Account | Tuesday, February 1, 2022 |
IPO Listing Date | Tuesday, February 1, 2022 |
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