Retail Individual Bidder(s) / RIB(s)

An Investor who cannot bid for the value of more than Rs 200000

Individual Bidders who bid for the Equity Shares for an amount not more than Rs 200,000 in any of the bidding options are known as Retail Individual Bidder's. NRIs and HUFs who apply for less than Rs 2 lakhs in an IPO also falls under RII category.

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