A total of 33,33,333 shares at a price of Rs 360 per share will be allotted to the anchor investors.
Anchor investors bid opening date | Dec 15, 2023 |
Anchor investor price | Rs.360.00 |
Anchor investors as % of QIBs | 60.00% |
No. of shares locked-in for 30 days | 16,66,667 |
No. of shares locked-in for 90 days | 16,66,667 |
S.No. | Anchor Investor | No. of Shares Allotted | Amount (Rs.cr.) | % Allotment within Anchor Investor Portion | % Allotment of Issue |
---|---|---|---|---|---|
1 | SBI GENERAL INSURANCE CO.LTD. | 4,16,642 | 15.00 | 12.50 | 3.75 |
2 | IEGFL-MULTI OPPORTUNITY | 3,88,885 | 14.00 | 11.67 | 3.50 |
3 | BNP PARIBAS FINANCIAL MARKETS | 3,61,128 | 13.00 | 10.83 | 3.25 |
4 | LC PHAROS MULTI STRATEGY FUND VCC-LC PHAROS MULTI STRATEGY FUND SF1 | 3,60,874 | 12.99 | 10.83 | 3.25 |
5 | BNP PARIBAS FINANCIAL MARKETS-ODI | 2,77,816 | 10.00 | 8.33 | 2.50 |
6 | INDIA EQUITY SERVICES FUND | 2,77,816 | 10.00 | 8.33 | 2.50 |
7 | ITI MUTUAL FUND | 2,77,816 | 10.00 | 8.33 | 2.50 |
8 | QUANTUM-STATE INVESTMENT FUND | 2,77,816 | 10.00 | 8.33 | 2.50 |
9 | SOCIETE GENERALE-ODI | 2,77,816 | 10.00 | 8.33 | 2.50 |
10 | TATA MUTUAL FUND | 2,77,816 | 10.00 | 8.33 | 2.50 |
11 | MERU INVESTMENT FUND PCC-CELL 1 | 1,38,908 | 5.00 | 4.17 | 1.25 |
33,33,333 | 120.00 | 100 | 30.00 |
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 Suraj Estate Developers IPO is subscribed 16.57 times by Dec 20, 2023 19:02.
Investor Category | Subscription (times) |
---|---|
Qualified Institutional | 25.74 |
Non Institutional | 20.02 |
Retail Individual | 9.85 |
Total Subscription | 16.57 |
An investor can apply in Suraj Estate Developers IPO online via bank (using ASBA) or the broker (using UPI). The Suraj Estate Developers IPO shares are offered online only.
The Suraj Estate Developers IPO is subscribed 16.57 times by Dec 20, 2023 19:02.
The Suraj Estate Developers IPO allotment status is expected on or around Thursday, December 21, 2023. Visit Suraj Estate Developers IPO allotment status to check.
The Suraj Estate Developers IPO listing date is December 26, 2023. The equity share of Suraj Estate Developers IPO will list on BSE, NSE.
Visit Suraj Estate Developers IPO subscription status page for real-time bidding information about Suraj Estate Developers IPO.
IPO opens On | Monday, December 18, 2023 |
IPO Closes On | Wednesday, December 20, 2023 |
Finalisation of Basis of Allotment | Thursday, December 21, 2023 |
Initiation of Refunds | Friday, December 22, 2023 |
Credit of Shares to Demat Account | Friday, December 22, 2023 |
IPO Listing Date | Tuesday, December 26, 2023 |
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