January 11, 2024 - January 15, 2024

New Swan Multitech IPO Subscription Details

New Swan Multitech IPO Subscription Status Live

New Swan Multitech IPO subscribed 384.26 times. The public issue subscribed 388.23 times in the retail category, 110.69 times in QIB, and 739.72 times in the NII category by January 15, 2024 (Day 3).

Investor Category	Subscription (times)	Shares Offered	Shares Bid for	Total Amount (Rs Cr.)*
Qualified Institutions	110.69	952,000	10,53,80,000	695.51
Non-Institutional Buyers*	739.72	714,000	52,81,62,000	3,485.87
Retail Investors	388.23	1,666,000	64,67,98,000	4,268.87
Employees	[.]	0	0	0
Others	[.]	0	0	0
Total *	384.26	1,410,000	1,28,03,40,000	8,450.24

Total Application : 356,724 (428.24 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 256,000 equity shares not included.

New Swan Multitech IPO (Day-wise) Subscription Details (times)

Date	QIB	NII*	Retail	Total
Day 1 January 11, 2024	3.45	16.36	35.33	52.36
Day 2 January 12, 2024	6.50	53.40	92.13	59.36
Day 3 January 15, 2024	110.69	739.72	388.23	384.26

New Swan Multitech IPO Shares Offered

New Swan Multitech IPO is a public issue of 3,094,000 equity shares. The issue offers 1,666,000 shares to retail investors, 952,000 shares to qualified institutional buyers, and 714,000 shares to non-institutional investors.

Category	Shares Offered	Amount (Rs Cr)	Size (%)
Anchor Investor	1,428,000	9.42	46.15%
Market Maker	256,000	1.69	8.27%
QIB	952,000	6.28	30.77%
NII*	714,000	4.71	23.08%
Retail	1,666,000	11.00	53.85%
Total	3,094,000	20.42	100%

New Swan Multitech IPO Anchor Investor Allocation

A total of 1,428,000 shares at a price of Rs 66 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	Rajasthan Global Securities Pvt. Limited	304,000	66	21.29	20,064,000
2	Astrone capital VCC - Arven	202,000	66	14.15	13,332,000
3	LRSD Securities Private Limited	202,000	66	14.15	13,332,000
4	Meru Investment Fund PCC-Cell 1	202,000	66	14.15	13,332,000
5	Persistent Growth Fund- Varsu India Growth Story Scheme 1	202,000	66	14.15	13,332,000
6	LC RADIANCE FUND VCC	158,000	66	11.06	10,428,000
7	VPK Global Ventures Fund - Scheme 1	158,000	66	11.06	10,428,000
		1,428,000		100	94,248,000

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?

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New Swan Multitech IPO Subscription FAQs

The New Swan Multitech IPO is subscribed 384.26 by January 15, 2024.