Future Ventures IPO Subscription Details (Live Status)

Future Ventures IPO Subscription Status Live

Future Ventures IPO subscribed 1.52 times. The public issue subscribed 0.61 times in the retail category, 0.26 times in QIB, and 7.81 times in the NII category by Apr 28, 2011.

Investor Category	Subscription (times)
Qualified Institutions	0.26
Non-Institutional Buyers	7.81
Retail Investors	0.61
Employees	[.]
Others	[.]
Total	1.52

Future Ventures IPO (Day-wise) Subscription Details (times)

Date	QIB	NII	Retail	Total
Day 1 Apr 25, 2011	0.18	1.21	0.02	0.28
Day 2 Apr 26, 2011	0.18	3.48	0.05	0.63
Day 3 Apr 27, 2011	0.26	5.13	0.16	0.95
Day 4 Apr 28, 2011	0.26	7.81	0.61	1.52

Future Ventures IPO Shares Offered

Future Ventures IPO is a public issue of 750,000,000 equity shares. The issue offers 262,500,000 shares to retail investors, 375,000,000 shares to qualified institutional buyers, and 112,500,000 shares to non-institutional investors.

Category	Shares Offered	Amount (Rs Cr)	Size (%)
QIB	375,000,000	375.00	50.00%
NII	112,500,000	112.50	15.00%
Retail	262,500,000	262.50	35.00%
Total*	750,000,000	750.00	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?

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Future Ventures IPO Subscription FAQs

The Future Ventures IPO is subscribed 1.52 by Apr 28, 2011.