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.

Who is QIB?

Qualified Institutional Buyers (QIBs) are large, financially strong institutions that have the expertise to evaluate companies and invest in IPOs. QIBs includes Mutual Funds, Foreign Portfolio Investors (FPIs), Alternative Investment Funds (AIFs), Banks and Insurance Companies, Provident & Pension Funds, Venture Capital Funds, Public & Development Financial Institutions (FIs/DFIs), State Industrial Development Corporations (SIDCs), Corporate Bodies, Family Offices, and similar institutional entities.

Anchor investors are a sub-category of QIBs who invest one day before the IPO opens to the public. Their early commitment provides confidence to the market and helps create positive momentum for the issue.