Bright Solar IPO Subscription Status Live

Bright Solar IPO subscribed 1.85 times. The public issue subscribed 1.49 times in the retail category, 2.21 times in Other category by Jun 29, 2018.

Investor CategorySubscription (times)
Retail Investors1.49

Bright Solar IPO (Day-wise) Subscription Details (times)

Day 1
Jun 26, 2018
Day 2
Jun 27, 2018
Day 3
Jun 28, 2018
Day 4
Jun 29, 2018

Bright Solar IPO Shares Offered

Bright Solar IPO is a public issue of 5,130,000 equity shares. The issue offers 2,565,000 shares to retail investors, 2,565,000 shares to other investors. The other investors include applicants other than retail i.e. HNI, corporates, institutions, (NII and QIB).

CategoryShares OfferedAmount (Rs Cr) Size (%)

* Market maker portion is not included.

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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Bright Solar IPO Subscription FAQs

The Bright Solar IPO is subscribed 1.85 by Jun 29, 2018.

Bright Solar IPO Subscription

Investor CategorySubscription (times)
Qualified Institutional[.]
Non Institutional2.21
Retail Individual1.49
Employee Reservations[.]
Total Subscription1.85

Retail category of Bright Solar IPO subscribed 1.49 times as of date Jun 29, 2018. The public issue closes on Jun 29, 2018 for bidding.

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

The Bright Solar IPO is subscribed 1.85 by Jun 29, 2018.

The Bright Solar IPO allotment status is expected on or around Jul 4, 2018. Visit Bright Solar IPO allotment status to check.

The Bright Solar IPO listing date is Monday, July 9, 2018. The equity share of Bright Solar Limited will list on NSE SME.

Visit Bright Solar IPO subscription status page for real-time bidding information about Bright Solar IPO.

Bright Solar IPO Timetable

IPO Opens OnJun 26, 2018
IPO Closes OnJun 29, 2018
Finalisation of Basis of AllotmentJul 4, 2018
Initiation of RefundsJul 6, 2018
Credit of Shares to Demat AccountJul 6, 2018
IPO Listing DateJul 9, 2018