December 6, 2016 - December 8, 2016

Laurus Labs IPO Subscription Details

Laurus Labs IPO Subscription Status Live

Laurus Labs IPO subscribed 4.53 times. The public issue subscribed 1.58 times in the retail category, 10.54 times in QIB, and 3.57 times in the NII category by December 8, 2016 (Day 3).

Investor Category	Subscription (times)	Shares Offered
Qualified Institutions	10.54	6,174,544
Non-Institutional Buyers	3.57	4,623,879
Retail Investors	1.58	10,789,051
Employees	1.71	323,834
Others	[.]	0
Total	4.53	21,911,308

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

Laurus Labs IPO (Day-wise) Subscription Details (times)

Date	QIB	NII	Retail	EMP	Total
Day 1 December 6, 2016	0.71	0.16	0.10	0.04	0.28
Day 2 December 7, 2016	1.02	0.54	0.39	0.98	0.61
Day 3 December 8, 2016	10.54	3.57	1.58	1.71	4.53

Laurus Labs IPO Shares Offered

Laurus Labs IPO is a public issue of 21,911,308 equity shares. The issue offers 10,789,051 shares to retail investors, 6,174,544 shares to qualified institutional buyers, and 4,623,879 shares to non-institutional investors.

Category	Shares Offered	Amount (Rs Cr)	Size (%)
QIB	6,174,544	264.27	28.18%
NII	4,623,879	197.90	21.10%
Retail	10,789,051	461.77	49.24%
Employee	323,834	13.86	1.48%
Total	21,911,308	937.80	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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Laurus Labs IPO Subscription FAQs

The Laurus Labs IPO is subscribed 4.53 by December 8, 2016.