Fino Payments Bank IPO Subscription Details (Live Status)

Fino Payments Bank IPO Subscription Status Live

Fino Payments Bank IPO subscribed 2.03 times. The public issue subscribed 5.92 times in the retail category, 1.65 times in QIB, and 0.21 times in the NII category by Nov 2, 2021.

Application Wise IPO Subscription (Retail): 4.76 times

Investor Category	Subscription (times)
Qualified Institutions	1.65
Non-Institutional Buyers	0.21
Retail Investors	5.92
Employees	0.93
Others	[.]
Total	2.03

Fino Payments Bank IPO (Day-wise) Subscription Details (times)

Date	QIB	NII	Retail	EMP	Total
Day 1 Oct 29, 2021	0.00	0.05	2.73	0.25	0.51
Day 2 Nov 1, 2021	0.00	0.10	4.65	0.56	0.87
Day 3 Nov 2, 2021	1.65	0.21	5.92	0.93	2.03

Fino Payments Bank IPO Shares Offered

Fino Payments Bank IPO is a public issue of 11,464,664 equity shares. The issue offers 2,075,031 shares to retail investors, 6,225,094 shares to qualified institutional buyers, and 3,112,546 shares to non-institutional investors.

Category	Shares Offered	Amount (Rs Cr)	Size (%)
QIB	6,225,094	359.19	54.30%
NII	3,112,546	179.59	27.15%
Retail	2,075,031	119.73	18.10%
Employee	51,993	3.00	0.45%
Total*	11,464,664	661.51	100%

* Anchor Investor portion is not included.

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 subscription data is taken from the NSE and BSE websites. They are subject to change on a real-time basis. The subscription data provided are for information purposes only and provided by Chittorgarh.com on an 'AS IS' and 'AS AVAILABLE' basis and without warranty, express or implied. Our website does not guarantee or warrant the accuracy, adequacy, or completeness of the information received through the said websites. Chittorgarh.com holds no responsibility of any kind as regards any discrepancies, errors, omissions, losses, or damages. Chittorgarh.com including its affiliates and any of its directors, and employees, shall not be liable for any loss, or damage of any nature, including but not limited to direct, indirect, punitive, special, exemplary, consequential, as also any loss of profit in any way arising from the use of data received. The recipient alone shall be fully responsible / are liable for any decision taken based on such information/data. All recipients should before acting upon the said information make their investigation, and seek appropriate professional advice.

Fino Payments Bank IPO Subscription FAQs

The Fino Payments Bank IPO is subscribed 2.03 by Nov 2, 2021.