April 16, 2018 - April 18, 2018

Mahickra Chemicals IPO Subscription Details

Mahickra Chemicals IPO Subscription Status Live

Mahickra Chemicals IPO subscribed 27.85 times. The public issue subscribed 9.88 times in the retail category, [.] times in QIB, and 22.42 times in the NII category by April 18, 2018 (Day 3).

Investor Category	Subscription (times)	Shares Offered	Shares Bid for	Total Amount (Rs Cr.)*
Qualified Institutions	[.]	0	48,000	0.12
Non-Institutional Buyers	22.42	996,000	2,23,26,000	55.82
Retail Investors	9.88	996,000	98,40,000	24.60
Employees	[.]	0		0
Others	[.]	0		0
Total	27.85	1,992,000	5,54,76,000	138.69

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

* Market Maker portion of 108,000 equity shares not included.

Mahickra Chemicals IPO (Day-wise) Subscription Details (times)

Date	NII	Retail	Total
Day 1 April 16, 2018	0.21	0.50	0.36
Day 2 April 17, 2018	0.69	3.26	1.97
Day 3 April 18, 2018	22.42	9.88	27.85

Mahickra Chemicals IPO Shares Offered

Mahickra Chemicals IPO is a public issue of 2,100,000 equity shares. The issue offers 996,000 shares to retail investors, 0 shares to qualified institutional buyers, and 996,000 shares to non-institutional investors.

Category	Shares Offered	Amount (Rs Cr)	Size (%)
Market Maker	108,000	0.27	5.14%
NII	996,000	2.49	47.43%
Retail	996,000	2.49	47.43%
Total	2,100,000	5.25	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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Mahickra Chemicals IPO Subscription FAQs

The Mahickra Chemicals IPO is subscribed 27.85 by April 18, 2018.