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 Synoptics Technologies IPO is subscribed 2.66 times by Jul 05, 2023 19:29.
Investor Category | Subscription (times) |
---|---|
Qualified Institutional | |
Non Institutional | 2.58 |
Retail Individual | 2.54 |
Total Subscription | 2.66 |
An investor can apply in Synoptics Technologies IPO online via bank (using ASBA) or the broker (using UPI). The Synoptics Technologies IPO shares are offered online only.
The Synoptics Technologies IPO is subscribed 2.66 times by Jul 05, 2023 19:29.
The Synoptics Technologies IPO allotment status is expected on or around Monday, July 10, 2023. Visit Synoptics Technologies IPO allotment status to check.
The Synoptics Technologies IPO listing date is July 13, 2023. The equity share of Synoptics Technologies IPO will list on NSE SME.
Visit Synoptics Technologies IPO subscription status page for real-time bidding information about Synoptics Technologies IPO.
IPO opens On | Friday, June 30, 2023 |
IPO Closes On | Wednesday, July 5, 2023 |
Finalisation of Basis of Allotment | Monday, July 10, 2023 |
Initiation of Refunds | Tuesday, July 11, 2023 |
Credit of Shares to Demat Account | Wednesday, July 12, 2023 |
IPO Listing Date | Thursday, July 13, 2023 |
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