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September 24, 2018 - September 26, 2018

Innovative Ideals IPO Subscription Details

Innovative Ideals IPO Subscription Status Live

Innovative Ideals IPO subscribed 1.30 times. The public issue subscribed 1.58 times in the retail category, [.] times in QIB, and 1.01 times in the NII category by September 26, 2018 (Day 3).

Investor CategorySubscription (times)Shares OfferedShares Bid forTotal Amount (Rs Cr.)*
Qualified Institutions[.]000
Non-Institutional Buyers1.011,455,50014,76,0005.90
Retail Investors1.581,455,50023,04,0009.22
Employees[.]000
Others[.]000
Total 1.302,911,00037,80,00015.12

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

* Market Maker portion of 155,000 equity shares not included.


Innovative Ideals IPO (Day-wise) Subscription Details (times)

DateNIIRetailTotal
Day 1
September 24, 2018
0.210.050.13
Day 2
September 25, 2018
0.270.100.18
Day 3
September 26, 2018
1.011.581.30

Innovative Ideals IPO Shares Offered

Innovative Ideals IPO is a public issue of 3,066,000 equity shares. The issue offers 1,455,500 shares to retail investors, 0 shares to qualified institutional buyers, and 1,455,500 shares to non-institutional investors.

CategoryShares OfferedAmount (Rs Cr) Size (%)
Market Maker155,0000.625.06%
NII1,455,5005.8247.47%
Retail1,455,5005.8247.47%
Total3,066,00012.26100%

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 above information / data is sourced from National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) websites and is subject to change in real time. For latest information / data, please refer to the respective websites. The information / data provided here in is for informational purposes only and is provided by Chittorgarh.com on "AS IS" and "AS AVAILABLE" basis and without warranty, express or implied. Chittorgarh.com does not warrant the accuracy, adequacy or completeness of the information you obtain through the above websites. Chittorgarh.com shall not be liable in any way for any discrepancies, errors, omissions, losses or damage. Chittorgarh.com, including its affiliates and its directors, staff and employees, shall not be liable for any loss, damage of any kind, including but not limited to direct, indirect, punitive, exemplary, consequential damages and lost profits arising in any way out of the use of information / data obtained through the said websites. The recipient alone is fully responsible / liable for any decision made based on this information / data. All recipients, before relying on the said information, should do their own research and seek appropriate professional advice.

Innovative Ideals IPO Subscription FAQs

The Innovative Ideals IPO is subscribed 1.30 by September 26, 2018.

Innovative Ideals IPO Subscription

Investor CategorySubscription (times)
Qualified Institutional[.]
Non Institutional1.01
Retail Individual1.58
Employee Reservations[.]
Others[.]
Total Subscription1.30

Retail category of Innovative Ideals IPO subscribed 1.58 times as of date September 26, 2018. The public issue closes on September 26, 2018 for bidding.

An investor can apply in Innovative Ideals IPO online via bank (using ASBA) or the broker (using UPI). The Innovative Ideals IPO shares are offered online only.

The Innovative Ideals IPO is subscribed 1.30 by September 26, 2018.

The Innovative Ideals IPO allotment status is expected on or around October 1, 2018. Visit Innovative Ideals IPO allotment status to check.

The Innovative Ideals IPO listing date is Friday, October 5, 2018. The equity share of Innovative Ideals and Services (India) Limited will list on BSE SME.

Visit Innovative Ideals IPO subscription status page for real-time bidding information about Innovative Ideals IPO.

Innovative Ideals IPO Timetable

IPO Opens OnSeptember 24, 2018
IPO Closes OnSeptember 26, 2018
Finalisation of Basis of AllotmentOctober 1, 2018
Initiation of RefundsOctober 3, 2018
Credit of Shares to Demat AccountOctober 4, 2018
IPO Listing DateOctober 5, 2018