March 13, 2024 - March 15, 2024

AVP Infracon IPO Subscription Details

AVP Infracon IPO Subscription Status Live

AVP Infracon IPO subscribed 21.45 times. The public issue subscribed 22.49 times in the retail category, 1.05 times in QIB, and 46.15 times in the NII category by March 15, 2024 (Day 3).

Investor Category	Subscription (times)	Shares Offered	Shares Bid for	Total Amount (Rs Cr.)*
Qualified Institutions	1.05	1,248,000	13,10,400	9.83
Non-Institutional Buyers*	46.15	939,200	4,33,42,400	325.07
Retail Investors	22.49	2,190,400	4,92,65,600	369.49
Employees	[.]	0	0	0
Others	[.]	0	0	0
Total *	21.45	4,377,600	9,39,18,400	704.39

Total Application : 30,791 (22.49 times)

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

* Market Maker portion of 731,200 equity shares not included.

AVP Infracon IPO (Day-wise) Subscription Details (times)

Date	QIB	NII*	Retail	Total
Day 1 March 13, 2024	0.00	0.63	1.71	0.99
Day 2 March 14, 2024	0.00	2.51	5.80	3.44
Day 3 March 15, 2024	1.05	46.15	22.49	21.45

$AVP Infracon IPO subscription details$

AVP Infracon IPO Shares Offered

AVP Infracon IPO is a public issue of 6,979,200 equity shares. The issue offers 2,190,400 shares to retail investors, 1,248,000 shares to qualified institutional buyers, and 939,200 shares to non-institutional investors.

Category	Shares Offered	Amount (Rs Cr)	Size (%)
Anchor Investor	1,870,400	14.03	26.80%
Market Maker	731,200	5.48	10.48%
QIB	1,248,000	9.36	17.88%
NII*	939,200	7.04	13.46%
Retail	2,190,400	16.43	31.38%
Total	6,979,200	52.34	100%

AVP Infracon IPO Anchor Investor Allocation

A total of 1,870,400 shares at a price of Rs 75 per share will be allotted to the anchor investors.

S.No.	Name of Anchor Investor	No. of Shares Allocated	Bid Price Per Share (Rs.)	Anchor Investor Portion (%)	Total Amount Allocated (Rs.)
1	LRSD Securities Private Limited	267,200	75	14.29	20,040,000
2	Rajasthan Global Securities Pvt. Limited	801,600	75	42.86	60,120,000
3	Craft Emerging Market Fund PCC - Citadel Capital Fund	153,600	75	8.21	11,520,000
4	Sigma Global Fund	267,200	75	14.29	20,040,000
5	Investi Global Opportunity Fund PCC - CELL 1	380,800	75	20.36	28,560,000
		1,870,400		100	140,280,000

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?

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AVP Infracon IPO Subscription FAQs

The AVP Infracon IPO is subscribed 21.45 by March 15, 2024.