Zerodha (Flat Rs 20 Per Trade)
Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.
Following are the investor categories available in an IPO.
QIB: Qualified Institutional Buyers - Foreign Portfolio Investors (FPIs), Banks, Mutual Funds and financial institutions etc.
NII: Non-Institutional Investors – High net worth investors, companies, trusts, etc. who bid for more than Rs 2 lakhs.
Retail: Individual investor who can bid up to Rs 2 lakhs
Employee: Certain companies have a reserved quota for their employees
Shareholders: Shareholders of Group companies
Others: Any other category of Investors that are offered shares on a preferential basis
