A total of 17,87,600 shares at a price of Rs 101 per share will be allotted to the anchor investors.
Anchor investors bid opening date | Mar 22, 2024 |
Anchor investor price | Rs.101.00 |
Anchor investors as % of QIBs | 59.98% |
No. of shares locked-in for 30 days | 8,94,000 |
No. of shares locked-in for 90 days | 8,94,000 |
S.No. | Anchor Investor | No. of Shares Allotted | Amount (Rs.cr.) | % Allotment within Anchor Investor Portion | % Allotment of Issue |
---|---|---|---|---|---|
1 | PERSISTENT GROWTH FUND | 4,46,000 | 4.50 | 24.95 | 7.10 |
2 | CRAFT EMERGING MARKET FUND PCC-CITADEL CAPITAL FUND | 3,51,600 | 3.55 | 19.67 | 5.60 |
3 | VIKASA CAPITAL INC. | 3,00,000 | 3.03 | 16.78 | 4.78 |
4 | ACINTYO INVESTMENT FUND PCC-CELL 1 | 1,99,200 | 2.01 | 11.14 | 3.17 |
5 | ASTRONE CAPITAL VCC | 1,99,200 | 2.01 | 11.14 | 3.17 |
6 | FINAVENUE GROWTH FUND | 1,47,600 | 1.49 | 8.26 | 2.35 |
7 | CHANAKYA OPPORTUNITIES FUND | 1,44,000 | 1.45 | 8.06 | 2.29 |
17,87,600 | 18.05 | 100 | 28.46 |
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 Trust Fintech IPO is subscribed 108.63 times by Mar 28, 2024 19:30.
Investor Category | Subscription (times) |
---|---|
Qualified Institutional | 65.38 |
Non Institutional | 244.48 |
Retail Individual | 75.1 |
Total Subscription | 108.63 |
An investor can apply in Trust Fintech IPO online via bank (using ASBA) or the broker (using UPI). The Trust Fintech IPO shares are offered online only.
The Trust Fintech IPO is subscribed 108.63 times by Mar 28, 2024 19:30.
The Trust Fintech IPO allotment status is expected on or around Tuesday, April 2, 2024. Visit Trust Fintech IPO allotment status to check.
The Trust Fintech IPO listing date is April 4, 2024. The equity share of Trust Fintech IPO will list on NSE SME.
Visit Trust Fintech IPO subscription status page for real-time bidding information about Trust Fintech IPO.
IPO opens On | Tuesday, March 26, 2024 |
IPO Closes On | Thursday, March 28, 2024 |
Finalisation of Basis of Allotment | Tuesday, April 2, 2024 |
Initiation of Refunds | Wednesday, April 3, 2024 |
Credit of Shares to Demat Account | Wednesday, April 3, 2024 |
IPO Listing Date | Thursday, April 4, 2024 |