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September 10, 2007 - September 13, 2007

Power Grid IPO Subscription Details

Power Grid IPO Subscription Status Live

Power Grid IPO subscribed 64.82 times. The public issue subscribed 6.77 times in the retail category, 115.90 times in QIB, and 40.34 times in the NII category by September 13, 2007 (Day 4).

Investor CategorySubscription (times)Shares OfferedShares Bid forTotal Amount (Rs Cr.)*
Qualified Institutions115.9000
Non-Institutional Buyers40.3400
Retail Investors6.7700
Total 64.820

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

Power Grid IPO (Day-wise) Subscription Details (times)

DateQIBNIIbNII (bids above ₹10L)sNII (bids below ₹10L)RIIEMPOthersTotal
Day 1
September 10, 2007
Day 2
September 11, 2007
Day 3
September 12, 2007
Day 4
September 13, 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?

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 on "AS IS" and "AS AVAILABLE" basis and without warranty, express or implied. does not warrant the accuracy, adequacy or completeness of the information you obtain through the above websites. shall not be liable in any way for any discrepancies, errors, omissions, losses or damage., 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.

Power Grid IPO Subscription FAQs

The Power Grid IPO is subscribed 64.82 by September 13, 2007.

Power Grid IPO Subscription

Investor CategorySubscription (times)
Qualified Institutional115.90
Non Institutional40.34
Retail Individual6.77
Employee Reservations2.66
Total Subscription64.82

Retail category of Power Grid IPO subscribed 6.77 times as of date September 13, 2007. The public issue closes on September 13, 2007 for bidding.

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

The Power Grid IPO is subscribed 64.82 by September 13, 2007.

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

The Power Grid IPO listing date is Friday, October 5, 2007. The equity share of Power Grid Corporation of India Ltd. will list on BSE, NSE.

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

Power Grid IPO Timetable

IPO Opens OnSeptember 10, 2007
IPO Closes OnSeptember 13, 2007
Finalisation of Basis of Allotment
Initiation of Refunds
Credit of Shares to Demat Account
IPO Listing Date