Fineotex IPO Subscription Details (Live Status)

Fineotex IPO Details

IPO Open	Feb 23, 2011
IPO Close	Feb 25, 2011
IPO Price	₹70
Face Value	₹10
IPO Size	₹29.48 Cr
Listing At	BSE
Lot Size	90

Fineotex IPO Subscription Status Live

Fineotex IPO subscribed 1.57 times. The public issue subscribed 4.38 times in the retail category, 0.00 times in QIB, and 0.22 times in the NII category by Feb 25, 2011.

Investor Category	Subscription (times)
Qualified Institutions	0.00
Non-Institutional Buyers	0.22
Retail Investors	4.38
Employees	[.]
Others	[.]
Total	1.57

Fineotex IPO Subscription Details (times)

Date	NII	Retail	Total
Day 1 Feb 23, 2011	0.08	1.47	0.53
Day 2 Feb 24, 2011	0.19	2.13	0.77
Day 3 Feb 25, 2011	0.22	4.38	1.57

Fineotex IPO Shares Offered

Fineotex IPO is a public issue of 4,211,160 equity shares. The issue offers 1,473,906 shares to retail investors, 2,105,580 shares to qualified institutional buyers, and 631,674 shares to non-institutional investors.

Category	Shares Offered	Amount (Rs Cr)	Size (%)
QIB	2,105,580	15.16	50.00%
NII	631,674	4.55	15.00%
Retail	1,473,906	10.61	35.00%
Total	4,211,160	30.32	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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Fineotex IPO Subscription FAQs

The Fineotex IPO is subscribed 1.57 by Feb 25, 2011.