July 5, 2024 - July 9, 2024

Effwa Infra and Research IPO Subscription Details

Effwa Infra and Research IPO Subscription Status Live

Effwa Infra and Research IPO subscribed 313.65 times. The public issue subscribed 323.81 times in the retail category, 166.56 times in QIB, and 477.27 times in the NII category by July 9, 2024 (Day 3).

Investor Category	Subscription (times)	Shares Offered	Shares Bid for	Total Amount (Rs Cr.)*
Qualified Institutions	166.56	1,168,000	19,45,47,200	1,595.29
Non-Institutional Buyers*	477.27	920,000	43,90,92,800	3,600.56
Retail Investors	323.81	2,091,200	67,71,55,200	5,552.67
Employees	[.]	0	0	0
Others	[.]	0	0	0
Total *	313.65	4,179,200	1,31,07,95,200	10,748.52

Total Application : 461,456 (353.07 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 324,800 equity shares not included.

Effwa Infra and Research IPO (Day-wise) Subscription Details (times)

Date	QIB	NII*	Retail	Total
Day 1 July 5, 2024	0.00	10.66	30.03	17.37
Day 2 July 8, 2024	0.36	42.36	90.96	54.94
Day 3 July 9, 2024	166.56	477.27	323.81	313.65

Effwa Infra and Research IPO Shares Offered

Effwa Infra and Research IPO is a public issue of 6,252,800 equity shares. The issue offers 2,091,200 shares to retail investors, 1,168,000 shares to qualified institutional buyers, and 920,000 shares to non-institutional investors.

Category	Shares Offered	Amount (Rs Cr)	Size (%)
Anchor Investor	1,748,800	14.34	27.97%
Market Maker	324,800	2.66	5.19%
QIB	1,168,000	9.58	18.68%
NII*	920,000	7.54	14.71%
Retail	2,091,200	17.15	33.44%
Total	6,252,800	51.27	100%

Effwa Infra and Research IPO Anchor Investor Allocation

A total of 1,748,800 shares at a price of Rs 82 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	Craft Emerging Market Fund PCC	249,600	82	14.27	20,467,200
2	Beacon Stone Capital VCC	249,600	82	14.27	20,467,200
3	Nav Capital VCC	249,600	82	14.27	20,467,200
4	Saint Capital Fund	150,400	82	8.6	12,332,800
5	Bengal Finance & Investment Pvt. Ltd.	244,800	82	14	20,073,600
6	Next Orbit Ventures Fund	481,600	82	27.54	39,491,200
7	Ashika Global Securities Private Limited	123,200	82	7.04	10,102,400
		1,748,800		100	143,401,600

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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Effwa Infra and Research IPO Subscription FAQs

The Effwa Infra and Research IPO is subscribed 313.65 by July 9, 2024.