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September 25, 2018 - September 27, 2018

Aavas Financiers IPO Subscription Details

Aavas Financiers IPO Subscription Status Live

Aavas Financiers IPO subscribed 0.97 times. The public issue subscribed 0.25 times in the retail category, 2.77 times in QIB, and 0.26 times in the NII category by September 27, 2018 (Day 3).

Investor CategorySubscription (times)Shares OfferedShares Bid forTotal Amount (Rs Cr.)*
Qualified Institutions2.774,224,2931,17,20,412962.25
Non-Institutional Buyers0.263,168,2208,24,86867.72
Retail Investors0.257,392,51418,50,796151.95
Total 0.9714,785,0271,43,96,0761,181.92

Disclaimer: *The total amount is calculated based on the final issue price or the price in the upper price range.

Aavas Financiers IPO (Day-wise) Subscription Details (times)

Day 1
September 25, 2018
Day 2
September 26, 2018
Day 3
September 27, 2018

Aavas Financiers IPO Shares Offered

Aavas Financiers IPO is a public issue of 14,785,027 equity shares. The issue offers 7,392,514 shares to retail investors, 4,224,293 shares to qualified institutional buyers, and 3,168,220 shares to non-institutional investors.

CategoryShares OfferedAmount (Rs Cr) Size (%)

IPO Investor Categories

  • Qualified Institutional Buyers (QIB)

    Financial Institutions, Banks, FIIs, and Mutual Funds registered with SEBI are called QIBs. In most cases, QIBs represent small investors who invest through mutual funds, ULIP schemes of insurance companies, and pension schemes.

  • Non-Institutional Investors(NII)

    Retail Individual Investors (HNI), NRIs, Companies, Trusts, etc who bid for shares worth more than Rs 2 lakhs are known as Non-institutional bidders (NII). Unlike QIB bidders, they do not need SEBI registration.

    NII category has two subcategories:

    1. sNII (bids below Rs 10L)

      The Small NII category is for NII investors who bid for shares between Rs 2 lakhs to Rs 10 lakhs. The 1/3 of NII category shares are reserved for the Small NII sub-category. This subcategory is also known as Small HNI (sHNI).

    2. bNII (bids above Rs 10L)

      The Big NII category is for NII investors who bid for shares worth more than Rs 10 Lakhs. The 2/3 of NII category shares are reserved for the Big NII subcategory. This subcategory is also known as Big HNI (bHNI).

  • Retail Individual Investors(RII)

    The retail individual investor or NRIs who apply up to Rs 2 lakhs in an IPO are considered as RII reserved category.

  • Employee (EMP)

    A category of eligible employees who have a reserved quota in the IPO.

  • Others

    A category of eligible shareholders or other investors who have a reserved quota in the IPO.

What is the difference between RII, NII, QIB and Anchor Investor?

Disclaimer: The above information / data is sourced from National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) websites and is subject to change in real time. For latest information / data, please refer to the respective websites. The information / data provided here in is for informational purposes only and is provided by on "AS IS" and "AS AVAILABLE" basis and without warranty, express or implied. does not warrant the accuracy, adequacy or completeness of the information you obtain through the above websites. shall not be liable in any way for any discrepancies, errors, omissions, losses or damage., including its affiliates and its directors, staff and employees, shall not be liable for any loss, damage of any kind, including but not limited to direct, indirect, punitive, exemplary, consequential damages and lost profits arising in any way out of the use of information / data obtained through the said websites. The recipient alone is fully responsible / liable for any decision made based on this information / data. All recipients, before relying on the said information, should do their own research and seek appropriate professional advice.

Aavas Financiers IPO Subscription FAQs

The Aavas Financiers IPO is subscribed 0.97 by September 27, 2018.

Aavas Financiers IPO Subscription

Investor CategorySubscription (times)
Qualified Institutional2.77
Non Institutional0.26
Retail Individual0.25
Employee Reservations[.]
Total Subscription0.97

Retail category of Aavas Financiers IPO subscribed 0.25 times as of date September 27, 2018. The public issue closes on September 27, 2018 for bidding.

An investor can apply in Aavas Financiers IPO online via bank (using ASBA) or the broker (using UPI). The Aavas Financiers IPO shares are offered online only.

The Aavas Financiers IPO is subscribed 0.97 by September 27, 2018.

The Aavas Financiers IPO allotment status is expected on or around October 3, 2018. Visit Aavas Financiers IPO allotment status to check.

The Aavas Financiers IPO listing date is Monday, October 8, 2018. The equity share of Aavas Financiers Limited will list on BSE, NSE.

Visit Aavas Financiers IPO subscription status page for real-time bidding information about Aavas Financiers IPO.

Aavas Financiers IPO Timetable

IPO Opens OnSeptember 25, 2018
IPO Closes OnSeptember 27, 2018
Finalisation of Basis of AllotmentOctober 3, 2018
Initiation of RefundsOctober 4, 2018
Credit of Shares to Demat AccountOctober 5, 2018
IPO Listing DateOctober 8, 2018


1. Aniketiaf     Link|September 27, 2018 5:09:58 PM
Very poor response