Investors who apply for over Rs 2 lakhs in an IPO, seeking high-value investments with greater returns.
High Net Worth Individual (HNI) investors are individuals who invest significant amounts of money across various financial instruments. In the context of Indian IPOs, any individual applying for shares worth more than Rs 2 lakhs falls under the HNI category, which is a subcategory of Non-Institutional Investors (NII).
This category includes not only wealthy individuals but also entities like Hindu Undivided Families (HUFs), Limited Liability Partnerships (LLPs), private and public limited companies, and trusts.
Answered on
