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 WomanCart IPO is subscribed 67.48 times by Oct 18, 2023 19:29.
Investor Category | Subscription (times) |
---|---|
Qualified Institutional | |
Non Institutional | 56.3 |
Retail Individual | 71.94 |
Total Subscription | 67.48 |
An investor can apply in WomanCart IPO online via bank (using ASBA) or the broker (using UPI). The WomanCart IPO shares are offered online only.
The WomanCart IPO is subscribed 67.48 times by Oct 18, 2023 19:29.
The WomanCart IPO allotment status is expected on or around Monday, October 23, 2023. Visit WomanCart IPO allotment status to check.
The WomanCart IPO listing date is October 27, 2023. The equity share of WomanCart IPO will list on NSE SME.
Visit WomanCart IPO subscription status page for real-time bidding information about WomanCart IPO.
IPO opens On | Monday, October 16, 2023 |
IPO Closes On | Wednesday, October 18, 2023 |
Finalisation of Basis of Allotment | Monday, October 23, 2023 |
Initiation of Refunds | Wednesday, October 25, 2023 |
Credit of Shares to Demat Account | Thursday, October 26, 2023 |
IPO Listing Date | Friday, October 27, 2023 |