A total of 13,58,400 shares at a price of Rs 94 per share will be allotted to the anchor investors.
Anchor investors bid opening date | May 30, 2024 |
Anchor investor price | Rs.94.00 |
Anchor investors as % of QIBs | 59.96% |
No. of shares locked-in for 30 days | 6,79,200 |
No. of shares locked-in for 90 days | 6,79,200 |
S.No. | Anchor Investor | No. of Shares Allotted | Amount (Rs.cr.) | % Allotment within Anchor Investor Portion | % Allotment of Issue |
---|---|---|---|---|---|
1 | NEXT ORBIT VENTURES FUND | 6,38,400 | 6.00 | 47.00 | 13.35 |
2 | PERSISTENT GROWTH FUND | 3,19,200 | 3.00 | 23.50 | 6.68 |
3 | INDIA EMERGING GIANTS FUND LTD. | 2,66,400 | 2.50 | 19.61 | 5.57 |
4 | SAINT CAPITAL FUND | 1,34,400 | 1.26 | 9.89 | 2.81 |
13,58,400 | 12.77 | 100 | 28.41 |
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 TBI Corn IPO is subscribed 231.21 times by Jun 04, 2024 18:19.
Investor Category | Subscription (times) |
---|---|
Qualified Institutional | 81.41 |
Non Institutional | 516.5 |
Retail Individual | 523.29 |
Total Subscription | 231.21 |
An investor can apply in TBI Corn IPO online via bank (using ASBA) or the broker (using UPI). The TBI Corn IPO shares are offered online only.
The TBI Corn IPO is subscribed 231.21 times by Jun 04, 2024 18:19.
The TBI Corn IPO allotment status is expected on or around Wednesday, June 5, 2024. Visit TBI Corn IPO allotment status to check.
The TBI Corn IPO listing date is June 7, 2024. The equity share of TBI Corn IPO will list on NSE SME.
Visit TBI Corn IPO subscription status page for real-time bidding information about TBI Corn IPO.
IPO opens On | Friday, May 31, 2024 |
IPO Closes On | Tuesday, June 4, 2024 |
Finalisation of Basis of Allotment | Wednesday, June 5, 2024 |
Initiation of Refunds | Thursday, June 6, 2024 |
Credit of Shares to Demat Account | Thursday, June 6, 2024 |
IPO Listing Date | Friday, June 7, 2024 |