September 26, 2023 - October 3, 2023

Goyal Salt IPO Subscription Details

Goyal Salt IPO Subscription Status Live

Goyal Salt IPO subscribed 294.61 times. The public issue subscribed 377.97 times in the retail category, 67.20 times in QIB, and 382.45 times in the NII category by October 3, 2023 (Day 5).

Investor Category	Subscription (times)	Shares Offered	Shares Bid for	Total Amount (Rs Cr.)*
Qualified Institutions	67.20	882,000	5,92,71,000	225.23
Non-Institutional Buyers*	382.45	729,000	27,88,08,000	1,059.47
Retail Investors	377.97	1,638,000	61,91,13,000	2,352.63
Employees	[.]	0	0	0
Others	[.]	0	0	0
Total *	294.61	3,249,000	95,71,92,000	3,637.33

Total Application : 206,371 (377.97 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 246,000 equity shares not included.

Goyal Salt IPO (Day-wise) Subscription Details (times)

Date	QIB	NII*	Retail	Total
Day 1 September 26, 2023	0.01	6.80	14.25	8.71
Day 2 September 27, 2023	0.08	26.75	53.95	33.22
Day 3 September 28, 2023	4.24	43.57	101.31	62.00
Day 4 September 29, 2023	9.62	85.80	184.47	114.87
Day 5 October 3, 2023	67.20	382.45	377.97	294.61

Goyal Salt IPO Shares Offered

Goyal Salt IPO is a public issue of 4,812,000 equity shares. The issue offers 1,638,000 shares to retail investors, 882,000 shares to qualified institutional buyers, and 729,000 shares to non-institutional investors.

Category	Shares Offered	Amount (Rs Cr)	Size (%)
Anchor Investor	1,317,000	5.00	27.37%
Market Maker	246,000	0.93	5.11%
QIB	882,000	3.35	18.33%
NII*	729,000	2.77	15.15%
Retail	1,638,000	6.22	34.04%
Total	4,812,000	18.29	100%

Goyal Salt IPO Anchor Investor Allocation

A total of 1,317,000 shares at a price of Rs 38 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	Meru Investment Fund PCC-Cell 1	654,000	38	49.66	24,852,000
2	Tryrock Capital Trust I	663,000	38	50.34	25,194,000
		1,317,000		100	50,046,000

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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Goyal Salt IPO Subscription FAQs

The Goyal Salt IPO is subscribed 294.61 by October 3, 2023.