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.

What does category-wise subscription mean in an IPO?

Subscription levels are shown separately for QIB (Qualified Institutional Buyers), NII (Non-Institutional Investors) and Retail Investors. This helps investors understand which segment of the market is showing strong interest.