January 19, 2024 - January 24, 2024

Lawsikho IPO Subscription Details

Lawsikho IPO Subscription Status Live

Lawsikho IPO subscribed 273.12 times. The public issue subscribed 301.71 times in the retail category, 116.27 times in QIB, and 414.44 times in the NII category by January 24, 2024 (Day 3).

Investor Category	Subscription (times)	Shares Offered	Shares Bid for	Total Amount (Rs Cr.)*
Qualified Institutions	116.27	794,000	9,23,21,000	1,292.49
Non-Institutional Buyers*	414.44	599,000	24,82,47,000	3,475.46
Retail Investors	301.71	1,395,000	42,08,85,000	5,892.39
Employees	[.]	0	0	0
Others	[.]	0	0	0
Total *	273.12	2,788,000	76,14,53,000	10,660.34

Total Application : 420,885 (301.71 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 316,000 equity shares not included.

Lawsikho IPO (Day-wise) Subscription Details (times)

Date	QIB	NII*	Retail	Total
Day 1 January 19, 2024	6.65	20.74	32.64	22.68
Day 2 January 23, 2024	11.05	95.20	168.66	107.99
Day 3 January 24, 2024	116.27	414.44	301.71	273.12

Lawsikho IPO Shares Offered

Lawsikho IPO is a public issue of 4,296,000 equity shares. The issue offers 1,395,000 shares to retail investors, 794,000 shares to qualified institutional buyers, and 599,000 shares to non-institutional investors.

Category	Shares Offered	Amount (Rs Cr)	Size (%)
Anchor Investor	1,192,000	16.69	27.75%
Market Maker	316,000	4.42	7.36%
QIB	794,000	11.12	18.48%
NII*	599,000	8.39	13.94%
Retail	1,395,000	19.53	32.47%
Total	4,296,000	60.14	100%

Lawsikho IPO Anchor Investor Allocation

A total of 1,192,000 shares at a price of Rs 140 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	Chhattisgarh Investments Limited	179,000	140	15.02	25,060,000
2	LC RADIANCE FUND VCC	161,000	140	13.51	22,540,000
3	Meru Investment Fund PCC-Cell 1	143,000	140	12	20,020,000
4	Resonance Opportunities Fund	143,000	140	12	20,020,000
5	Nav Capital Vcc- Nav Capital Emerging Star Fund	125,000	140	10.49	17,500,000
6	Astrone capital VCC - Arven	114,000	140	9.56	15,960,000
7	Rajasthan Global Securities Pvt. Limited	72,000	140	6.04	10,080,000
8	Chanakya Opportunities Fund 1	76,000	140	6.38	10,640,000
9	Persistent Growth Fund- Varsu India Growth Story Scheme 1	72,000	140	6.04	10,080,000
10	Silver Stride India Global Fund	107,000	140	8.98	14,980,000
		1,192,000		100	166,880,000

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.

Lawsikho IPO Subscription FAQs

The Lawsikho IPO is subscribed 273.12 by January 24, 2024.