February 15, 2024 - February 20, 2024

Interiors and More IPO Subscription Details

Interiors and More IPO Subscription Status Live

Interiors and More IPO subscribed 11.22 times. The public issue subscribed 7.41 times in the retail category, 3.54 times in QIB, and 30.32 times in the NII category by February 20, 2024 (Day 4).

Investor Category	Subscription (times)	Shares Offered	Shares Bid for	Total Amount (Rs Cr.)*
Qualified Institutions	3.54	351,600	12,43,800	28.23
Non-Institutional Buyers*	30.32	264,000	80,03,400	181.68
Retail Investors	7.41	615,600	45,62,400	103.57
Employees	[.]	0	0	0
Others	[.]	0	0	0
Total *	11.22	1,231,200	1,38,09,600	313.48

Total Application : 7,604 (7.41 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 93,000 equity shares not included.

Interiors and More IPO (Day-wise) Subscription Details (times)

Date	QIB	NII*	Retail	Total
Day 1 February 15, 2024	0.00	0.08	0.39	0.21
Day 2 February 16, 2024	0.00	0.27	0.74	0.43
Day 3 February 19, 2024	0.00	0.69	1.37	0.83
Day 4 February 20, 2024	3.54	30.32	7.41	11.22

Interiors and More IPO Shares Offered

Interiors and More IPO is a public issue of 1,850,400 equity shares. The issue offers 615,600 shares to retail investors, 351,600 shares to qualified institutional buyers, and 264,000 shares to non-institutional investors.

Category	Shares Offered	Amount (Rs Cr)	Size (%)
Anchor Investor	526,200	11.94	28.44%
Market Maker	93,000	2.11	5.03%
QIB	351,600	7.98	19.00%
NII*	264,000	5.99	14.27%
Retail	615,600	13.97	33.27%
Total	1,850,400	42.00	100%

Interiors and More IPO Anchor Investor Allocation

A total of 526,200 shares at a price of Rs 227 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	131,400	227	24.97	29,827,800
2	Saint Capital Fund	264,000	227	50.17	59,928,000
3	AG DYNAMIC FUND LIMITED	130,800	227	24.86	29,691,600
		526,200		100	119,447,400

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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Interiors and More IPO Subscription FAQs

The Interiors and More IPO is subscribed 11.22 by February 20, 2024.