June 23, 2023 - June 27, 2023

Greenchef Appliances IPO Subscription Details

Greenchef Appliances IPO Subscription Status Live

Greenchef Appliances IPO subscribed 44.89 times. The public issue subscribed 62.63 times in the retail category, 17.11 times in QIB, and 96.01 times in the NII category by June 27, 2023 (Day 3).

Investor Category	Subscription (times)	Shares Offered	Shares Bid for	Total Amount (Rs Cr.)*
Qualified Institutions	17.11	2,923,200	5,00,06,400	435.06
Non-Institutional Buyers*	96.01	878,000	8,42,94,400	733.36
Retail Investors	62.63	2,049,600	12,83,68,000	1,116.80
Employees	[.]	0	0	0
Others	[.]	0	0	0
Total *	44.89	5,851,200	26,26,68,800	2,285.22

Total Application : 80,230 (62.63 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 312,000 equity shares not included.

Greenchef Appliances IPO (Day-wise) Subscription Details (times)

Date	QIB	NII*	Retail	Total
Day 1 June 23, 2023	2.47	1.07	1.63	1.96
Day 2 June 26, 2023	3.21	5.64	14.31	7.46
Day 3 June 27, 2023	17.11	96.01	62.63	44.89

Greenchef Appliances IPO Shares Offered

Greenchef Appliances IPO is a public issue of 7,915,200 equity shares. The issue offers 2,049,600 shares to retail investors, 2,923,200 shares to qualified institutional buyers, and 878,000 shares to non-institutional investors.

Category	Shares Offered	Amount (Rs Cr)	Size (%)
Anchor Investor	1,752,000	15.24	22.13%
Market Maker	312,000	2.71	3.94%
QIB	2,923,200	25.43	36.93%
NII*	878,000	7.64	11.09%
Retail	2,049,600	17.83	25.89%
Total	7,915,200	68.86	100%

Greenchef Appliances IPO Anchor Investor Allocation

A total of 1,752,000 shares at a price of Rs 87 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	Moneywise Financial Investments Limited	460,800	87	26.3	40,089,600
2	Resonance Opportunities Fund	233,600	87	13.33	20,323,200
3	India-Ahead Venture Fund	233,600	87	13.33	20,323,200
4	India Max Investment Fund Limited	233,600	87	13.33	20,323,200
5	Saint Capital Fund	118,400	87	6.76	10,300,800
6	Rajasthan Global Securities Pvt. Limited	118,400	87	6.76	10,300,800
7	Founders Collective Fund (Previously, Singularity Growth Opportunities Fund Ii)	118,400	87	6.76	10,300,800
8	Autumn Investment and Infrastructure Ltd.	118,400	87	6.76	10,300,800
9	Absolute Returns Scheme	116,800	87	6.67	10,161,600
		1,752,000		100	152,424,000

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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Greenchef Appliances IPO Subscription FAQs

The Greenchef Appliances IPO is subscribed 44.89 by June 27, 2023.