March 28, 2024 - April 3, 2024

K2 Infragen IPO Subscription Details

K2 Infragen IPO Subscription Status Live

K2 Infragen IPO subscribed 51.47 times. The public issue subscribed 40.70 times in the retail category, 23.37 times in QIB, and 113.98 times in the NII category by April 3, 2024 (Day 4).

Investor Category	Subscription (times)	Shares Offered	Shares Bid for	Total Amount (Rs Cr.)*
Qualified Institutions	23.37	631,200	1,47,52,800	175.56
Non-Institutional Buyers*	113.98	474,000	5,40,28,800	642.94
Retail Investors	40.70	1,105,200	4,49,83,200	535.30
Employees	[.]	0	0	0
Others	[.]	0	0	0
Total *	51.47	2,210,400	11,37,64,800	1,353.80

Total Application : 37,486 (40.70 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 249,600 equity shares not included.

K2 Infragen IPO (Day-wise) Subscription Details (times)

Date	QIB	NII*	Retail	Total
Day 1 March 28, 2024	0.86	0.74	0.90	0.85
Day 2 April 1, 2024	0.86	0.65	2.25	1.51
Day 3 April 2, 2024	0.86	3.77	6.97	4.54
Day 4 April 3, 2024	23.37	113.98	40.70	51.47

K2 Infragen IPO Shares Offered

K2 Infragen IPO is a public issue of 3,406,800 equity shares. The issue offers 1,105,200 shares to retail investors, 631,200 shares to qualified institutional buyers, and 474,000 shares to non-institutional investors.

Category	Shares Offered	Amount (Rs Cr)	Size (%)
Anchor Investor	946,800	11.27	27.79%
Market Maker	249,600	2.97	7.33%
QIB	631,200	7.51	18.53%
NII*	474,000	5.64	13.91%
Retail	1,105,200	13.15	32.44%
Total	3,406,800	40.54	100%

K2 Infragen IPO Anchor Investor Allocation

A total of 946,800 shares at a price of Rs 119 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	Nav Capital Vcc- Nav Capital Emerging Star Fund	421,200	119	44.49	50,122,800
2	Vikasa India EIF I Fund- Incube Global Opportunities	168,000	119	17.74	19,992,000
3	Eminence Global Fund Pcc - Eubilia Capital Partners Fund I	106,800	119	11.28	12,709,200
4	VPK Global Ventures Fund - Scheme 1	85,200	119	9	10,138,800
5	Benani Capital- Benani Capital Scheme 1	165,600	119	17.49	19,706,400
		946,800		100	112,669,200

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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K2 Infragen IPO Subscription FAQs

The K2 Infragen IPO is subscribed 51.47 by April 3, 2024.