Orbit IPO Subscription Details (Live Status)

Orbit IPO Details

IPO Open Mar 20, 2007
IPO Close Mar 23, 2007
IPO Price ₹110
Face Value ₹10
IPO Size ₹100.10 Cr
Listing At BSE, NSE
Lot Size 50
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Orbit IPO Subscription Status Live

Orbit IPO subscribed 3.85 times. The public issue subscribed 0.89 times in the retail category, 5.70 times in QIB, and 4.60 times in the NII category by Mar 23, 2007.

Investor CategorySubscription (times)
Qualified Institutions5.70
Non-Institutional Buyers4.60
Retail Investors0.89

Orbit IPO Subscription Details (times)

DateQIBNIIbNII (bids above ₹10L)sNII (bids below ₹10L)RIIEMPOthersTotal
Day 1
Mar 20, 2007
Day 2
Mar 21, 2007
Day 3
Mar 22, 2007
Day 4
Mar 23, 2007

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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Orbit IPO Subscription FAQs

The Orbit IPO is subscribed 3.85 by Mar 23, 2007.

Orbit IPO Subscription

Investor CategorySubscription (times)
Qualified Institutional5.70
Non Institutional4.60
Retail Individual0.89
Employee Reservations[.]
Total Subscription3.85

Retail category of Orbit IPO subscribed 0.89 times as of date Mar 23, 2007. The public issue closes on Mar 23, 2007 for bidding.

An investor can apply in Orbit IPO online via bank (using ASBA) or the broker (using UPI). The Orbit IPO shares are offered online only.

The Orbit IPO is subscribed 3.85 by Mar 23, 2007.

The Orbit IPO allotment status is expected on or around . Visit Orbit IPO allotment status to check.

The Orbit IPO listing date is Thursday, April 12, 2007. The equity share of Orbit Corporation Limited will list on BSE, NSE.

Visit Orbit IPO subscription status page for real-time bidding information about Orbit IPO.

Orbit IPO Timetable

IPO Opens OnMar 20, 2007
IPO Closes OnMar 23, 2007
Finalisation of Basis of Allotment
Initiation of Refunds
Credit of Shares to Demat Account
IPO Listing Date