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March 20, 2017 - March 22, 2017

CL Educate IPO Subscription Details

CL Educate IPO Subscription Status Live

CL Educate IPO subscribed 1.90 times. The public issue subscribed 1.63 times in the retail category, 3.65 times in QIB, and 0.21 times in the NII category by March 22, 2017 (Day 3).

Investor CategorySubscription (times)Shares OfferedShares Bid forTotal Amount (Rs Cr.)*
Qualified Institutions3.65952,0000
Non-Institutional Buyers0.21714,0000
Retail Investors1.631,666,0000
Employees[.]00
Others[.]00
Total 1.903,332,0000

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


CL Educate IPO (Day-wise) Subscription Details (times)

DateQIBNIIRetailTotal
Day 1
March 20, 2017
1.040.000.140.37
Day 2
March 21, 2017
1.970.040.400.77
Day 3
March 22, 2017
3.650.211.631.90

CL Educate IPO Shares Offered

CL Educate IPO is a public issue of 3,332,000 equity shares. The issue offers 1,666,000 shares to retail investors, 952,000 shares to qualified institutional buyers, and 714,000 shares to non-institutional investors.

CategoryShares OfferedAmount (Rs Cr) Size (%)
QIB952,00047.7928.57%
NII714,00035.8421.43%
Retail1,666,00083.6350.00%
Total3,332,000167.27100%

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 Chittorgarh.com on "AS IS" and "AS AVAILABLE" basis and without warranty, express or implied. Chittorgarh.com does not warrant the accuracy, adequacy or completeness of the information you obtain through the above websites. Chittorgarh.com shall not be liable in any way for any discrepancies, errors, omissions, losses or damage. Chittorgarh.com, 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.

CL Educate IPO Subscription FAQs

The CL Educate IPO is subscribed 1.90 by March 22, 2017.

CL Educate IPO Subscription

Investor CategorySubscription (times)
Qualified Institutional3.65
Non Institutional0.21
Retail Individual1.63
Employee Reservations[.]
Others[.]
Total Subscription1.90

Retail category of CL Educate IPO subscribed 1.63 times as of date March 22, 2017. The public issue closes on March 22, 2017 for bidding.

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

The CL Educate IPO is subscribed 1.90 by March 22, 2017.

The CL Educate IPO allotment status is expected on or around March 29, 2017. Visit CL Educate IPO allotment status to check.

The CL Educate IPO listing date is Friday, March 31, 2017. The equity share of CL Educate Ltd will list on BSE, NSE.

Visit CL Educate IPO subscription status page for real-time bidding information about CL Educate IPO.

CL Educate IPO Timetable

IPO Opens OnMarch 20, 2017
IPO Closes OnMarch 22, 2017
Finalisation of Basis of AllotmentMarch 29, 2017
Initiation of RefundsMarch 29, 2017
Credit of Shares to Demat AccountMarch 30, 2017
IPO Listing DateMarch 31, 2017