October 28, 2009 - October 30, 2009

Den Networks IPO Subscription Details

Den Networks IPO Subscription Status Live

Den Networks IPO subscribed 1.04 times. The public issue subscribed 0.10 times in the retail category, 1.00 times in QIB, and 4.12 times in the NII category by October 30, 2009 (Day 3).

Investor Category	Subscription (times)	Shares Offered
Qualified Institutions	1.00	9,454,980
Non-Institutional Buyers	4.12	1,975,000
Retail Investors	0.10	5,925,000
Employees	0.68	250,000
Others	[.]	0
Total	1.04	17,604,980

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

Den Networks IPO (Day-wise) Subscription Details (times)

Date	QIB	NII	Retail	EMP	Total
Day 1 October 28, 2009	0.25	0.00	0.03	0.00	0.15
Day 2 October 29, 2009	0.34	0.16	0.05	0.01	0.22
Day 3 October 30, 2009	1.00	4.12	0.10	0.68	1.04

Den Networks IPO Shares Offered

Den Networks IPO is a public issue of 17,604,980 equity shares. The issue offers 5,925,000 shares to retail investors, 9,454,980 shares to qualified institutional buyers, and 1,975,000 shares to non-institutional investors.

Category	Shares Offered	Amount (Rs Cr)	Size (%)
QIB	9,454,980	184.37	53.71%
NII	1,975,000	38.51	11.22%
Retail	5,925,000	115.54	33.66%
Employee	250,000	4.88	1.42%
Total	17,604,980	343.30	100%

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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Den Networks IPO Subscription FAQs

The Den Networks IPO is subscribed 1.04 by October 30, 2009.