March 15, 2024 - March 19, 2024

Enfuse Solutions IPO Subscription Details

Enfuse Solutions IPO Subscription Status Live

Enfuse Solutions IPO subscribed 357.31 times. The public issue subscribed 248.42 times in the retail category, 99.97 times in QIB, and 953.22 times in the NII category by March 19, 2024 (Day 3).

Investor Category	Subscription (times)	Shares Offered	Shares Bid for	Total Amount (Rs Cr.)*
Qualified Institutions	99.97	444,000	4,43,88,000	426.12
Non-Institutional Buyers*	953.22	333,600	31,79,95,200	3,052.75
Retail Investors	248.42	776,400	19,28,74,800	1,851.60
Employees	[.]	0	0	0
Others	[.]	0	0	0
Total *	357.31	1,554,000	55,52,58,000	5,330.48

Total Application : 160,729 (248.42 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 120,000 equity shares not included.

Enfuse Solutions IPO (Day-wise) Subscription Details (times)

Date	QIB	NII*	Retail	Total
Day 1 March 15, 2024	1.93	5.27	13.36	8.36
Day 2 March 18, 2024	3.57	35.14	61.82	39.45
Day 3 March 19, 2024	99.97	953.22	248.42	357.31

Enfuse Solutions IPO Shares Offered

Enfuse Solutions IPO is a public issue of 2,337,600 equity shares. The issue offers 776,400 shares to retail investors, 444,000 shares to qualified institutional buyers, and 333,600 shares to non-institutional investors.

Category	Shares Offered	Amount (Rs Cr)	Size (%)
Anchor Investor	663,600	6.37	28.39%
Market Maker	120,000	1.15	5.13%
QIB	444,000	4.26	18.99%
NII*	333,600	3.20	14.27%
Retail	776,400	7.45	33.21%
Total	2,337,600	22.44	100%

Enfuse Solutions IPO Anchor Investor Allocation

A total of 663,600 shares at a price of Rs 96 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	India-Ahead Venture Fund	172,800	96	26.04	16,588,800
2	FINAVENUE CAPITAL TRUST FINAVENUE GROWTH FUND	126,000	96	18.99	12,096,000
3	LC Radiance Fund VCC (Formerly Known as Lighthouse Radiance Venture Fund VCC)	126,000	96	18.99	12,096,000
4	Benani Capital- Benani Capital Scheme 1	124,800	96	18.81	11,980,800
5	Moneywise Financial Services Pvt. Ltd.	114,000	96	17.18	10,944,000
		663,600		100	63,705,600

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?

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.

Enfuse Solutions IPO Subscription FAQs

The Enfuse Solutions IPO is subscribed 357.31 by March 19, 2024.