Niraj Cement Structurals IPO Subscription Details (Live Status)

Niraj Cement Structurals IPO Details

IPO Open	May 26, 2008
IPO Close	May 30, 2008
IPO Price	₹190
Face Value	₹10
IPO Size	₹61.75 Cr
Listing At	BSE
Lot Size	30

Niraj Cement Structurals IPO Subscription Status Live

Niraj Cement Structurals IPO subscribed 1.74 times. The public issue subscribed 3.81 times in the retail category, 0.00 times in QIB, and 4.01 times in the NII category by May 30, 2008.

Investor Category	Subscription (times)
Qualified Institutions	0.00
Non-Institutional Buyers	4.01
Retail Investors	3.81
Employees	0.00
Others	[.]
Total	1.74

Niraj Cement Structurals IPO Subscription Details (times)

Date	NII	bNII (bids above ₹10L)	EMP
Day 1 May 26, 2008	0.00	0.54	0.17
Day 2 May 27, 2008	0.62	0.67	0.29
Day 3 May 28, 2008	0.62	0.70	0.30
Day 4 May 29, 2008	0.82	0.82	0.37
Day 5 May 30, 2008	4.01	3.81	1.74

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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Niraj Cement Structurals IPO Subscription FAQs

The Niraj Cement Structurals IPO is subscribed 1.74 by May 30, 2008.