January 24, 2020 - February 5, 2020

ITI FPO Subscription Details

ITI FPO Subscription Status Live

ITI FPO subscribed 0.62 times. The public issue subscribed 1.06 times in the retail category, 0.63 times in QIB, and 0.23 times in the NII category by February 5, 2020 (Day 9).

Investor Category	Subscription (times)	Shares Offered	Shares Bid for	Total Amount (Rs Cr.)*
Qualified Institutions	0.63	135,000,000	8,56,03,050	659.14
Non-Institutional Buyers	0.23	27,000,000	60,87,600	46.87
Retail Investors	1.06	18,000,000	1,90,09,800	146.38
Employees	0.98	1,800,000	17,65,200	13.59
Others	[.]	0	0	0
Total	0.62	181,800,000	11,24,65,650	865.99

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

ITI FPO (Day-wise) Subscription Details (times)

Date	QIB	NII	Retail	EMP	Total
Day 1 January 24, 2020	0.05	0.00	0.18	0.03	0.06
Day 2 January 27, 2020	0.05	0.01	0.50	0.18	0.09
Day 3 January 28, 2020	0.49	0.16	0.92	0.65	0.49
Day 4 January 29, 2020	0.49	0.16	0.94	0.70	0.49
Day 5 January 30, 2020	0.49	0.16	0.98	0.79	0.49
Day 6 January 31, 2020	0.59	0.17	1.05	0.87	0.58
Day 7 February 3, 2020	0.59	0.17	1.02	0.89	0.57
Day 8 February 4, 2020	0.59	0.17	1.01	0.92	0.57
Day 9 February 5, 2020	0.63	0.23	1.06	0.98	0.62

ITI FPO Shares Offered

ITI FPO is a public issue of 181,800,000 equity shares. The issue offers 18,000,000 shares to retail investors, 135,000,000 shares to qualified institutional buyers, and 27,000,000 shares to non-institutional investors.

Category	Shares Offered	Amount (Rs Cr)	Size (%)
QIB	135,000,000	1,039.50	74.26%
NII	27,000,000	207.90	14.85%
Retail	18,000,000	138.60	9.90%
Employee	1,800,000	13.86	0.99%
Total	181,800,000	1,399.86	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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ITI FPO Subscription FAQs

The ITI FPO is subscribed 0.62 by February 5, 2020.