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 Premium Plast IPO is subscribed 38.87 times by Oct 23, 2024 18:19.
Investor Category | Subscription (times) |
---|---|
Qualified Institutional | 6.74 |
Non Institutional | 19.56 |
Retail Individual | 65.37 |
Total Subscription | 38.87 |
An investor can apply in Premium Plast IPO online via bank (using ASBA) or the broker (using UPI). The Premium Plast IPO shares are offered online only.
The Premium Plast IPO is subscribed 38.87 times by Oct 23, 2024 18:19.
The Premium Plast IPO allotment status is expected on or around Thursday, October 24, 2024. Visit Premium Plast IPO allotment status to check.
The Premium Plast IPO listing date is October 28, 2024. The equity share of Premium Plast IPO will list on NSE SME.
Visit Premium Plast IPO subscription status page for real-time bidding information about Premium Plast IPO.
IPO opens On | Monday, October 21, 2024 |
IPO Closes On | Wednesday, October 23, 2024 |
Finalisation of Basis of Allotment | Thursday, October 24, 2024 |
Initiation of Refunds | Friday, October 25, 2024 |
Credit of Shares to Demat Account | Friday, October 25, 2024 |
IPO Listing Date | Monday, October 28, 2024 |