September 13, 2024 - September 19, 2024

Envirotech Systems IPO Subscription Details

Envirotech Systems IPO Shares Offered

Envirotech Systems IPO is a public issue of 5,400,000 equity shares. The issue offers 1,646,000 shares to retail investors, 940,000 shares to qualified institutional buyers, and 706,000 shares to non-institutional investors.

Category	Shares Offered	Amount (Rs Cr)	Size (%)
Anchor Investor	1,406,000	7.87	26.04%
Market Maker	702,000	3.93	13.00%
QIB	940,000	5.26	17.41%
NII*	706,000	3.95	13.07%
Retail	1,646,000	9.22	30.48%
Total	5,400,000	30.24	100%

Envirotech Systems IPO Anchor Investor Allocation

A total of 14,06,000 shares at a price of Rs 0 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	LRSD Securities Private Limited	6,12,000	56	43.53	3,42,72,000
2	Rajasthan Global Securities Pvt. Limited	6,14,000	56	43.67	3,43,84,000
3	Abundantia Capital VCC	1,80,000	56	12.8	1,00,80,000
		14,06,000		100	7,87,36,000

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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Envirotech Systems IPO Subscription FAQs

The Envirotech Systems IPO is subscribed 88.60 by September 19, 2024.