Total Shares refers to the shares a company offers for purchase during its initial public offering (IPO).
The Total Shares means the number of shares offered by a company to the investors/public for purchase during its initial public offering (IPO). The total number of shares represents the quantity that the company has issued and is accessible for investors' participation.
When a company raises capital through an IPO, the total number of shares is divided into different categories, including QIBs (Qualified Institutional Buyers), anchor investors, HNIs (High Net Worth Individuals) and retail investors. The sum of the shares allocated to all categories is the total number of shares offered.
Here, In this below example of TBO Tek Limited IPO, you can see that the company has divided the number of shares between different investors.
|
Investor Category |
Shares Offered |
|
Anchor Investor Shares Offered |
7,570,807 (44.91%) |
|
QIB Shares Offered |
5,047,204 (29.94%) |
|
NII (HNI) Shares Offered |
2,523,602 (14.97%) |
|
bNII > ₹10L |
1,682,401 (9.98%) |
|
sNII < ₹10L |
841,201 (4.99%) |
|
Retail Shares Offered |
1,682,401 (9.98%) |
|
Employee Shares Offered |
32,609 (0.19%) |
|
Total Shares Offered |
16,856,623 (100%) |
The Total Shares means the number of shares offered by a company to the investors/public for purchase during its initial public offering (IPO). The total number of shares represents the quantity that the company has issued and is accessible for investors' participation.
When a company raises capital through an IPO, the total number of shares is divided into different categories, including QIBs (Qualified Institutional Buyers), anchor investors, HNIs (High Net Worth Individuals) and retail investors. The sum of the shares allocated to all categories is the total number of shares offered.
Here, In this below example of TBO Tek Limited IPO, you can see that the company has divided the number of shares between different investors.
|
Investor Category |
Shares Offered |
|
Anchor Investor Shares Offered |
7,570,807 (44.91%) |
|
QIB Shares Offered |
5,047,204 (29.94%) |
|
NII (HNI) Shares Offered |
2,523,602 (14.97%) |
|
bNII > ₹10L |
1,682,401 (9.98%) |
|
sNII < ₹10L |
841,201 (4.99%) |
|
Retail Shares Offered |
1,682,401 (9.98%) |
|
Employee Shares Offered |
32,609 (0.19%) |
|
Total Shares Offered |
16,856,623 (100%) |
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