Chittorgarh.com Logo
Loading...

What is the difference between RII, NII, QIB and Anchor Investor?

asked

Save over 60% on Brokerage

We can help you save between 60% to 90% brokerage fee & taxes. Contact us today...

Investors can apply for shares in one of the following categories:

  1. Retail Individual Investor (RII)

    • Resident Indian Individuals, NRIs and HUFs who apply for less than Rs 2 lakhs in an IPO under RII category.
    • Not less than 35% of the Offer is reserved for RII category.
    • NRI or HUF who appling in an IPO with less than Rs 2,00,000 can apply in RII category.
    • RII category allows bid at cut-off price.
    • Allotment Basis
      • If IPO doesn't get over-subscribed in RII Category, full allotment to all applicants.
      • If IPO is oversubscribed in this category - The allotment to each investor shall not be less than the minimum Bid Lot, subject to availability of Equity Shares in the Retail Portion. For example, if the IPO subscribed 2 times in retail 1 out of 2 applicants will get 1 lot irrespective of how many shares they applied for.

        Say investor A applied for Rs 2 lakhs (15 lots), investor B applied for 1 lot and investor C applied for Rs 1 lakh (7 lots) in an IPO at cut-off price. If IPO subscribed 3 times in RII Category, the allotment will be done through lottery and only 1 of 3 applicants will get 1 lot allocated. It doesn't matter how many shares they have applied.

    • Retail and non-institutional bidders a re permitted to withdraw their bids until the day of allotment.
    • Note:
      • Always apply at cut-off price in this category.
      • If IPO oversubscribe, apply only 1 lot per IPO application.
      • To maximize the allotment, apply though multiple accounts on your family members name.
  2. Non-institutional bidders (NII)

    • Resident Indian individuals, Eligible NRIs, HUFs, companies, corporate bodies, scientific institutions, societies and trusts who apply for than Rs 2 lakhs of IPO shares falls under NII category.
    • NII need not to register with SEBI.
    • Not less than 15% of the Offer is reserved for NII category.
    • High Net-worth Individual (HNI) who applies for over Rs 2 Lakhs in an IPO falls under this category.
    • Allotment Basis - Proportionate. For example, if IPO is subscribed 100 times in NII category, investors who applied for 100 shares will get 1 share.
    • NII quota get very high over-subscription as its size is small and many individual investors take IPO Funding to apply in this category. Many of these investors apply for 100's of crore rupees worth of shares under this category.
    • Non-institutional bidders are permitted to withdraw their bids until the day of allotment.
    • NII's are not eligible to bid at cut-off price.
  3. Qualified Institutional Bidders (QIB's)

    • Public financial institutions, commercial banks, mutual funds and Foreign Portfolio Investors ect can apply in QIB category. SEBI registration is required for institutions to apply under this category.
    • 50% of the Offer Size is reserved for QIB's
    • Allotment Basis - Proportionate.
    • QIBs are mostly representatives of small investors who invest through mutual funds, ULIP schemes of insurance companies and pension schemes.
    • QIB's are prohibited by SEBI guidelines to withdraw their bids after the close of the IPOs.
    • QIB's are not eligible to bid at cut-off price.
  4. Anchor Investor

    • An anchor investor in a public issue refers to a qualified institutional buyer (QIB) making an application for a value of Rs 10 crores or more through the book-building process. An anchor investor can attract investors to public offers before they hit the market to boost their confidence.
    • Up to 60% of the QIB Category can be allocated to Anchor Investors;
    • Anchor Investor Offer Price is decided separately.
    • Anchor investor's has different Anchor Investor Bid/Offer Period.
    • The minimum application size for each anchor investor should be Rs 10 crores. No merchant banker, promoter or their relatives can apply for shares under the anchor investor category. In offers of size less than Rs 250 crores, there can be a maximum of 15 anchor investors, but in those over Rs 250 crores, SEBI recently removed the cap on the number of anchor investors.
    • Anchor investor's are not eligible to bid at cut-off price.
answered


43 Comments

43. Pankaj  Jul 28, 2021 12:50 I Like It. | Report Abuse Reply
It is wrong information for HNI allottment. I did not get any shares. Maybe it goes as per lot (not shares). If the subscription is 100 times, and I apply for 100 lots (not shares), then I get 1 lot. If I apply for 99 lots or less, I get nothing.
43.2. S P S  Aug 7, 2021 22:49 I Like It. | Report Abuse
Perhaps lot will not break.
I also applied but got zero in HNI category.
43.3. Karmendra Singh  Aug 10, 2021 12:10 I Like It. | Report Abuse
How can I apply as hni what is the procedure? And what is favourite nbfc or bank which gives good margin to hni for ipo.
42. Kartik  Feb 16, 2021 22:06 I Like It. | Report Abuse Reply
What is the meaning of below statement mentioned? Should they bid higher or lower than cutoff?

NII's are not eligible to bid at cut-off price.
42.1. Chetan Gupta  Aug 2, 2021 12:03 I Like It. | Report Abuse
It means that while making an application as NII, you can't tick on the option of cut off price. i.e. you should have to enter the price at which you want to purchase the shares.

I recommend you to enter the upper price band in the price option column at which you would like to purchase the shares.
This will increase the chance of allotment
41. Parth  Jul 22, 2021 10:23 I Like It. | Report Abuse Reply
I hold some shares of Glenmark Pharmacuiticles Ltd.
And now the Glenmark Life Science will acquire by Glenmark Pharmacuiticles.
So is there any category or provision to directly apply for this IPO as a company stack holder?
40. Ramkishor  Apr 4, 2021 07:53 I Like It. | Report Abuse Reply
Why there is irregularity with allotment of shares to retail . Retail investor should be given weigh of number of shares applied in lottery. There might be a system of fraud in allotment which works against law of equality and there might be more allotments to applicants who have sell there applications in so called grey market on web . Current processure is not as it had been e decade before .
40.1. CS  Jul 21, 2021 20:30 I Like It. | Report Abuse
Because IPO should be succeeded for company ,it's also prescribed under rule 6 of SEBI(ICDR) regulations that depending on co's eligibility, 75% to QIB, 15% To NIB & 10% RII while also on voluantry book building it's 50% to QIB, 25% to RII & 15% to NII ,if eligible company goes for Fixed issue then 50% is reserved for RII( to fetch more money from market, branded companies goes only for book building process), also as per SCRR 90% should be subscribed else company has to refund back money, Retail investor can't do investment in crores and they also remains minority so that may be reason..
39. Aakash Jain  Mar 15, 2021 01:57 I Like It. | Report Abuse Reply
Does NRI have special provision?
38. Sahil  Dec 15, 2020 16:13 I Like It. | Report Abuse Reply
Can we apply via one demat account under multiple categories in same IPO-
3 lac under HNI
<2 Lac under RII
38.1. JAYANTA ROY  Dec 22, 2020 19:08 I Like It. | Report Abuse
yes but your both bid IS not valid.so you should always apply RII/ NII ANY ONE CATEGORY
38.2. HawkEYE  Mar 6, 2021 16:01 I Like It. | Report Abuse
No. One account have rights of 1 order only.
37. Darshil Kanani  Mar 1, 2021 12:58 I Like It. | Report Abuse Reply
Can I as individual apply through NII catagory for more then ‚āĻ2L bid..
Also I want to know that " NII's are not eligible to bid at cut-off price." then at what price at which they offered..
And if RII & NII allowed to withdraw his bid before allotment then what is the procedure for withdrawal ?

Sir please reply...
36. Ratan Kumar kandoi  Feb 6, 2021 05:31 I Like It. | Report Abuse Reply
Thanks for your very professional web site. Very useful and easy to understand.
Would you be kind enough to inform me that can I as an individual apply as an Anchor Investor in any Public issue of Rs.250 crores and up.
If yes the what is the procedure ?
35. chakri  Jan 19, 2021 15:59 I Like It. | Report Abuse Reply
As NII still on 0.19 times can i expect if i place order for 25 rps per share(low rate) , i can get the shares right .... no need to go for 26 rps as it looks like NII reservation may not occupy for 1 time even ... can any one help me here??
34. Devesh  Dec 15, 2020 22:19 I Like It. | Report Abuse Reply
I am an individual can, I apply under HNI category if Yes, then the price I have to put for the bidding & what the chances of allotment if, I bid 10%-15% more the the share price value.
34.1. KRBANSAL  Dec 18, 2020 08:36 I Like It. | Report Abuse
Like information of bidding RII NII QIB investor can individual apply
33. Salim  Dec 2, 2020 18:02 I Like It. | Report Abuse Reply
Hi! One of the conditions for people applying under NII is as follows - NII's are not eligible to bid at cut-off price.? Can someone please elaborate this statement. Thanks
32. Shanmugam N  Jul 11, 2020 21:41 I Like It. | Report Abuse Reply
I am holding 12000 shares of Yes Bank as on date purchased from Rs 383 to Rs112 for making average in the last 3 years. I lost heavily. In which catagory I can apply for 20000 shares of Yes Bank FPO to average my price and compensate my loss to some extend. I want 100% allotment of the applied shares. Kindly advice me
32.2. kamal  Jul 13, 2020 15:55 I Like It. | Report Abuse
hi shanmugam its my advice to you that yes bank will move up till 70 if crosses 34 so be alert at that time and reduce your quantity as much you can becoz it will take long time to come back so you loss will be less wait for few day...
www.daytradingacademy.co.in
32.3. salim  Nov 30, 2020 17:11 I Like It. | Report Abuse
At 14 rs per share yes bank market cap is 35k crores better to add few thousand at 12 to 13 rs and keep trading at that price as share will not cross 60 rs for next 3 years atleast
31. Prado  Oct 9, 2020 20:06 I Like It. | Report Abuse Reply
I applied for IPO in NII category for Mazagaon shipping. I didn't get any allotment....my understanding was allotment in this category is proportional to subscription.. so for 1442 shares I applied I should have got few shares as NII was subscribed 600 plus times.. please help why?
30. Sakthisaravanan  Sep 2, 2020 19:36 I Like It. | Report Abuse Reply
For an example - Lot size is 13.

If issue subscripted more than 100X. I have applied for 200 shares (for 3 lakhs rs).Will I get 2 shares or nothing ?

30.1. Ammm VVV  Oct 7, 2020 17:22 I Like It. | Report Abuse
nothing
29. Ankit Sinha  Oct 6, 2020 00:37 I Like It. | Report Abuse Reply
If 50% of the Offer Size is reserved for QIB's, how did Likhitha reduced it to 1%?
28. Jay Patel  Sep 21, 2020 20:22 I Like It. | Report Abuse Reply
What does mean BY NOH category in IPO subscription ?
27. Gaurav Agarwal  Sep 9, 2020 10:45 I Like It. | Report Abuse Reply
What happen if QIB quota remained under subscribed, will it be given to retial or Nii or both
26. Jegan  Jul 27, 2018 07:37 I Like It. | Report Abuse Reply
I had applied for HDFC AMC ipo,for 182 shares which comes to 200200/- will it be treated under hni category or the individual category.If I'm going to get considered for hni,where should I represent that I'm not a hni to HDFC AMC or SEBI
25. lrus  Dec 15, 2017 10:19 I Like It. | Report Abuse Reply
Is HNI allotment made from the NII category with 15% reservation?

Can one apply under two different categories: RII ( < Rs 2lac) and NOH/NII: Rs > 2lac?
If not, Should NRI use RII or NOH/NII category for application?
24. Nitin Agrawal  Nov 30, 2017 13:09 I Like It. | Report Abuse Reply
Can i apply in retail category for 4000 Shares (2 lots of 2000 Shares each) @ Rs 57 ?

As i know Retail can apply max of Rs 200000 but in my case applying 2 lots of 2000 Shares i.e. 4000 Shares @ 57 = Rs 228000
Is it will be a valid application ?
If not does i need to apply for 1 lot of 2000 Shares only ? Kindly Guide

Very thanks in advance for the suggestion and help
23. anonymous  Nov 14, 2017 15:45 I Like It. | Report Abuse Reply
How different is QIB from anchor investor? As article says anchor investors are actually Qualified Institutional buyers having 30% quota from 50%.
22. Desi Wolf  Oct 9, 2017 13:13 I Like It. | Report Abuse Reply
A few fundamental queries about NII application:
1. Can a retail investor (meaning not super rich) apply under NII quota, or is there certain eligibility?
2. What are the pros and cons of applying in NII quota? Are there more chances of allotment?

Thanks in advance.
22.1. SMcareer  Nov 6, 2017 11:25 I Like It. | Report Abuse
Ans-1 No RII can apply as HNI.

Ans-2 NII didn`t get any discount in case promotors are giving the discount to RII. But the pros is that you can apply for more than 2 lakh amount.
21. Kk  Oct 6, 2017 20:34 I Like It. | Report Abuse Reply
I think that operator''s only subscribe the RII portion(35% whoppingly forced by law) through their relatives to ensure listing gains only for themselves.
Why shud they allow others to earn?
If they are not going to give listing gains, then they allot to general public..to grant the listing loss.
So it''s better to invest as a NII.15% category.
20. Naresh Jariwala  Jul 21, 2016 21:50 I Like It. | Report Abuse Reply
How much possibility of allotment for IPO in HNI against RII?
What is the best option to getting the chance for allotment especially while more subscribed?
19. Vijay  May 21, 2017 21:30 I Like It. | Report Abuse Reply
HUDCO issued 204,058,747 shares in IPO.

NSE volume on listing day 21 crore & delivery is 42.5% means approximately 9 crores shares bought for delivery.

BSE volume on listing day 3 crore & delivery is 35% means approximately 1 crores shares bought for delivery.

Therefore Total 10 crore shares bought for delivery on listing day which is nothing but 50% of the total issue size.

In a book built issue allocation to Retail Individual Investors (RIIs), Non Institutional Investors (NIIs) and Qualified Institutional Buyers (QIBs) is in the ratio of 35:15: 50 respectively.

Meaning all retail & HNI Allotment is absorbed on listing day ?
18. DADA  Oct 18, 2016 22:56 I Like It. | Report Abuse Reply
Can HIN, NII, QIB ''s are eligible for INTRADAY trade ???
17. Kunjal  Sep 23, 2016 11:28 I Like It. | Report Abuse Reply
Can one person apply ipo in retail category as well as NII category at same time.
16. Sandeep H S  Sep 19, 2016 14:25 I Like It. | Report Abuse Reply
Is is possible for individual to apply for both retail ( below 2 lakh ) and HNI ( above 2 lakhs)
for a IPO ?
15. sha Nathmal  Jul 23, 2016 18:12 I Like It. | Report Abuse Reply
Is it possible for HUF to participate in IPO.If yes then what is the procedure for below 2 lakhs.
14. Srinivas  Jul 23, 2016 12:40 I Like It. | Report Abuse Reply
How can a retail investors withdraw their bids before the date of allotment
13. amin  Jun 26, 2016 12:20 I Like It. | Report Abuse Reply
what is the chances of allotment in IPO of RBL and what is expectation price of listing if some body bids with 25 crore in HNI category ?
12. kamlesh gilitwala  May 7, 2016 10:41 I Like It. | Report Abuse Reply
how do i apply in qib quata?which brokers or institutes can help me in apply in qib quata?
11. patel rameshbhai Chunilal  Feb 11, 2016 11:01 I Like It. | Report Abuse Reply
IF I HAVE JOINT DEMATE ACCOUNTIN THE NAME OF A & B. FURTHER OTHER INDIVIDUAL ACCOUNT IN THE NAME OF A AND B NAME RESPECTALY. CAN I APPLIED IN IPO IN THE NAME OF (1) A & B, (2) A & (3) B
10. Patel Rameshbhai Chunilal  Feb 11, 2016 10:49 I Like It. | Report Abuse Reply
I am registered as retail investor.in bank ASBA.
How I can apply for IPO more than 2lakhs.
Have I to register again or what documentation needed for applying as HNI
After closing ipo can i withdraw my application.till what period
9. Keshar  Jan 18, 2016 19:27 I Like It. | Report Abuse Reply
I am registered as retail investor.in bank ASBA.
How I can apply for IPO more than 2lakhs.
Have I to register again or what documentation needed for applying as HNI
8. sathya  Mar 6, 2012 06:55 I Like It. | Report Abuse Reply
can u state what is Non retail individuals? their role
7. Rahul  Dec 15, 2011 21:46 I Like It. | Report Abuse Reply
Thanks for this info.
But i want to know why companies are providing one extra day to retail investors for applying in ipo. (Please provide us with any cos. red heiring prospectus for proof)

Thanks & Regards,
Rahul.
6. s.govardhan  Oct 20, 2011 13:11 I Like It. | Report Abuse Reply
well explained. and also need in the way of how securities are traded in stock exchange? (Briefly i need some power presentation, )
5. Dhinakar  Nov 27, 2010 00:41 I Like It. | Report Abuse Reply
Good definition. I was wondering if there is any difference in pricing between RII and HNI/Non Institutional bidders. May be the Non institutional investors will not get the discount offered for RII.
4. mahesh  Nov 10, 2010 11:45 I Like It. | Report Abuse Reply
but i am of doubt in %age allocation to retailer bidders
3. Prajith  Oct 1, 2010 12:03 I Like It. | Report Abuse Reply
Sir,

But in SEBI regulations it is mentioned as
QIB- 50% of net offer to public.,
35% of net offer to public to RII,
15 % of net offer to public to Non Instutional Investors.
Wat is this net offer to public mean then ?
2. ravi c  May 20, 2008 16:38 I Like It. | Report Abuse Reply
what is the difference between NHI and NII
1. Gangadhar Reddy  Nov 6, 2007 10:06 I Like It. | Report Abuse Reply
Excellent answer. Indeed I'm looking for this information for more then 6 months. At last I could able to find it out with this.

Very impressive...


List of all questions Ask your question


More IPO Basics Questions...

  1. What is an IPO?
  2. Who decides the Price Band?
  3. Who decides the date of the issue?
  4. What is the role of registrar of an IPO?
  5. What is the role of Lead Managers in an IPO?
  6. What is Follow on public offering or FPO?
  7. What is primary & secondary market?
  8. What is the life cycle of an IPO prospectus?
  9. What is the life cycle of an IPO?
  10. What is the difference between Book Building Issue and Fixed Price Issue?
  11. What is the difference between Floor Price and Cut-Off Price for a Book Building Issue?
  12. What is the difference between RII, NII, QIB and Anchor Investor?
  13. As a retail investor I want to apply more then Rs 1 lakhs in an IPO. Can I invest in Non-institutional bidder's category? If yes then what are advantages or disadvantages of this?
  14. Is it mandatory to have PAN number to apply in an IPO?
  15. How many days an IPO remain open for public?
  16. What information should I keep after I submit the IPO application form?
  17. What is 'Market Lot Size' and 'Minimum Order Quantity' for an IPO?
  18. Does applying in an IPO guarantee me to get certain amount of shares?
  19. Investing in IPO's is much less riskier then directly investing in stock market. Is that true?
  20. Can I apply in an IPO through multiple applications on same name?
  21. How many days is the issue open?
  22. What is Basis of Allocation or Basis of Allotment?
  23. Can I revise or cancel my IPO application?
  24. Where do I get an IPO application form?
  25. Can a minor apply in IPO?
  26. Tips to choose right IPO for investment.
  27. Can a person apply in the non-institutional bidder category of an IPO?
  28. What is the minimum & maximum investment one could do in HNI category?
  29. Can I place a buy order during after hour session before the listing date of an IPO?
  30. How one can apply in IPO's online?
  31. How is IPO listing price decided?
  32. What is right issue or RI?
  33. Why does the retail Individual Investor RII bidding status is not getting updated every hour?
  34. What are the risk factors involve in applying in an IPO?
  35. Can both the joint demat account holders individually apply for an IPO?
  36. Why does maximum subscription Amount for Retail Investor is limited to Rs 2 lakh?
  37. What are the determining factors for the selection of an ipo to invest?
  38. How much tax I have to pay on returns (capital gains) for a particular IPO?
  39. What is the procedure to withdraw from an IPO?
  40. How a Company gets listed on stock exchange without an IPO?
  41. For how many days an issue is required to be kept open?
  42. Can minors apply to an ipo ?
  43. What is over the counter trading ?
  44. Can we sell the stock allotted to us in a ipo before the stock gets listed ?
  45. How to fill IPO online ?
  46. What will be the category of 'private family trust' for applying in IPO ?
  47. What will be the category of 'private family trust' for applying in IPO ? Retail Bidder or Non-Institutional Bidder ?
  48. Can private limited company eligible to subscribe in non institutional category?
  49. What do you mean by pre IPO placement? Is it worth to buy any script at the time of pre IPO placement and how will it benefit the customers ?
  50. Who can apply for QIBs in IPO? WHAT is the rules and regulatin for QIBs ?
  51. How many days issue takes to list in the market ?
  52. What is call option and put option?
  53. What is the listing of ipo and how the listing done ?
  54. How many days does it take for a cheque to be cleared for an application of an IPO?
  55. How cut off price of IPO decided?
  56. What is meaning of BID QUANTITY & BID PRICE ?
  57. What is the full form of IPO ?
  58. What do you mean by IPO funding ?
  59. What is the role of 'Syndicate Members' in IPO Processing?
  60. What are the timelines for Book Building IPOs in India?
  61. When maximum number of days for which IPO bid should remain open is 7 (and minimum is 3), why companies go for less than 7 days bidding (i.e. 3, 4 days generally)?
  62. How to apply more than one application in an IPO?
  63. How many IPO applications can be made from one bank account using ASBA?
  64. What are different ways of filing IPO application?
  65. How many IPO applications can submit through online net banking from one bank account?
  66. Can I apply in an IPO from my current bank account?
  67. Can one apply an IPO from sweep in/out saving bank account?
  68. Can I apply IPO in the name of family members & friends from my saving bank account?
  69. Can I apply more than one IPO application in my name from different saving bank accounts in the same bank or different banks?
  70. What fields make an IPO application unique?
  71. If I have joint DP account whom I should consider for applicant in an IPO application form?
  72. Can I apply an IPO application in the name of Minor or HUF?
  73. How many lots in an IPO should I apply to get maximum allocation in retail category?
  74. Does changing the broker, bank account or applying 1st-day 1st-hour change my chance for IPO allotment?
  75. When should I expect allotment of IPO shares?
  76. When should I expect credit of IPO Shares in my Demat Account?
  77. When should I expect release of funds blocked for IPO in my bank?
  78. When should I expect listing of IPO shares?
  79. Till what time I can apply in an IPO on last day of an IPO?
  80. Should I submit three bids of one lot each at three different bid prices in one IPO application?
  81. If there is a discount to retail investors in an IPO, at what price should I subscribe?
  82. I have not marked cut-off but has given bid price at upper band in an IPO application. Does it make any difference?
  83. Why should I bid at cut-off in a book building IPO?
  84. I applied in an IPO whose price band is now reduced. I have already applied in original band & amount stands blocked already. What should I do?
  85. Where can I find the subscription figure of an IPO?
  86. How IPO shares price is discovered in early price discovery session?
  87. How one can apply in IPO's offline?
  88. How i can apply for an IPO online while my broker is not offering IPO facility but i have a demat account.
  89. Is it possible for individual to apply for both retail (below 2 lakh) and HNI (above 2 lakhs) for a IPO?
  90. Is there any eligibility criteria for NII or just minimum investment of Rs 2 lakh is required?
  91. Can I apply for an IPO for my friendís PAN details in my Demat account?
  92. Is there different application form for NII and retail investor?
  93. If an individual wants to apply in NII quota the procedure is same or different while applying in physical mode and online mode?
  94. Is there any circuits at the time of IPO listing?
  95. How to sell IPO shares on listing day during special pre-open time between 9:00AM to 9:45 AM?
  96. Can we apply for an IPO online on Sunday?
  97. How to sell IPO?
  98. I want to invest for short time so please let me know which IPO will give positive gain?
  99. How to find the old IPO offer document?
  100. I want updates on every upcoming IPO? Where can I get it?
  101. Is there any benefit or disadvantage of applying for more than one lot in an IPO ?
  102. Where can we get the listing date of an IPO?
  103. Can IPO application be made through FD in the bank account?
  104. Can I apply for above 2 lakh in an IPO as a retailer?
  105. How much returns can expect from an IPO?
  106. Can I apply for sme IPO through online banking?
  107. I am an individual and want to invest in IPO what category should I choose?
  108. What does 'DP name' means in an IPO online form?
  109. How to get my lien amount back after IPO?
  110. I would like to invest in an IPO? I am doing it for first time? Could you please guide me in which IPO should I invest ?
  111. How to get information on number of applications of an IPO?
  112. What is the minimum reserve portion for retail category in an IPO. Sometimes i find 35% but sometimes even i find 10%. please clarify.
  113. Can I apply for an ipo through ASBA facility of my bank without having trading account?
  114. What is the difference between IPO issue price and listing price?
  115. How many days are required to launch an IPO after getting SEBI's nod?
  116. How can I know the exact date of an IPO?
  117. What is the difference between Upper Price and Cut-Off Price for a Book Building Issue?
  118. I have marked cut-off but has taken bid price at lower band in the IPO application. Does it make any difference?
  119. Where can I get the list of all Registered Main Syndicate member list with contact number for an IPO?
  120. Can I make payment for an IPO from my father's or someone else's account by registering through ASBA?
  121. I have mistakenly filled incorrect DP Id in my application. The IPO is closed now. What should I do?
  122. Can I apply for an IPO by taking a loan?
  123. How do I apply in an IPO?
  124. What is the difference between Public Issue, Right Issue, Bonus Issue and Private Placement?
  125. Explain Steps in an IPO Process?
  126. Can I cancel my Bid for online IPO order?
  127. What is the difference between Fixed Price Issue and Book Built Issue?
  128. What are the different types of investor categories?
  129. Will I get the acknowledgement of receipt for applications submitted through ASBA from the SCSB?
  130. Can one person apply an IPO in the retail category as well as NII category at the same time?
  131. Can a retail investor (meaning not super rich) apply under NII quota, or is there a certain eligibility?
  132. Can a person apply in the NII and retail investor category in two separate bids?
  133. What are the pros and cons of applying in NII quota? Are there more chances of allotment?
  134. How different is QIB from anchor investor?
  135. Are HNIs allotted from the NII reserved allocation quota of 15%?
  136. When applying in an IPO, do we apply in lots or can apply as per the money that we want to invest?
  137. I and my wife have a joint demat account. Can we apply for an IPO using the same demat account with a joint bank account or from different Bank accounts?
  138. How to select HNI as a category while applying online?
  139. Is it possible to Apply IPO using BHIM application?
  140. What is the time for After Market Orders (AMO) in Sharekhan and how to place it?
  141. How to apply for IPO online from a private limited or LLP Company demat account?
  142. Is third party ASBA allowed in IPO application?
  143. Is third party UPI accepted in IPO application?
  144. Does third party ASBA or UPI IPO application rejected or accepted?

List of all questions Ask your question