November 1, 2010 - November 3, 2010

Gravita IPO Subscription Details

Gravita IPO Subscription Status Live

Gravita IPO subscribed 42.88 times. The public issue subscribed 37.34 times in the retail category, 6.04 times in QIB, and 182.52 times in the NII category by November 3, 2010 (Day 3).

Investor Category	Subscription (times)	Shares Offered
Qualified Institutions	6.04	1,775,000
Non-Institutional Buyers	182.52	532,500
Retail Investors	37.34	1,242,500
Employees	1.17	50,000
Others	[.]	0
Total	42.88	3,600,000

Disclaimer: *The total amount is calculated based on the final issue price or the price in the upper price range.

Gravita IPO (Day-wise) Subscription Details (times)

Date	QIB	NII	Retail	EMP	Total
Day 1 November 1, 2010	1.01	0.19	0.97	0.93	0.87
Day 2 November 2, 2010	1.01	0.19	3.97	1.06	1.91
Day 3 November 3, 2010	6.04	182.52	37.34	1.17	42.88

Gravita IPO Shares Offered

Gravita IPO is a public issue of 3,600,000 equity shares. The issue offers 1,242,500 shares to retail investors, 1,775,000 shares to qualified institutional buyers, and 532,500 shares to non-institutional investors.

Category	Shares Offered	Amount (Rs Cr)	Size (%)
QIB	1,775,000	22.19	49.31%
NII	532,500	6.66	14.79%
Retail	1,242,500	15.53	34.51%
Employee	50,000	0.63	1.39%
Total	3,600,000	45.00	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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Gravita IPO Subscription FAQs

The Gravita IPO is subscribed 42.88 by November 3, 2010.