Prevest Denpro IPO Subscription Details (Live Status)

Prevest Denpro IPO Details

Issue Open	Sep 15, 2021
Issue Close	Sep 17, 2021
IPO Price	₹84
Face Value	₹10
IPO Size	₹26.61 Cr
Listing At	BSE SME
IPO Lot Size	1600

Prevest Denpro IPO Subscription Status Live

Prevest Denpro IPO subscribed 38.12 times. The public issue subscribed 32.87 times in the retail category, 5.78 times in QIB, and 78.98 times in the NII category by Sep 17, 2021.

Investor Category	Subscription (times)
Qualified Institutions	5.78
Non-Institutional Buyers	78.98
Retail Investors	32.87
Employees	[.]
Others	[.]
Total	38.12

Prevest Denpro IPO Subscription Details (times)

Date	QIB	NII	Retail	Total
Day 1 Sep 15, 2021	0.50	0.63	1.33	0.92
Day 2 Sep 16, 2021	1.96	3.58	7.93	5.17
Day 3 Sep 17, 2021	5.78	78.98	32.87	38.12

Prevest Denpro IPO Shares Offered

Prevest Denpro IPO is a public issue of 2,265,600 equity shares. The issue offers 1,052,800 shares to retail investors, 601,600 shares to qualified institutional buyers, and 611,200 shares to non-institutional investors.

Category	Shares Offered	Amount (Rs Cr)	Size (%)
QIB	601,600	5.05	26.55%
NII	611,200	5.13	26.98%
Retail	1,052,800	8.84	46.47%
Total	2,265,600	19.03	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)
Individual investors, NRIs, companies, trusts, etc who bid for more than Rs 2 lakhs are known as Non-institutional bidders or NII. They need not register with SEBI like QIIs. On 1st May 2022, SEBI introduced a new sub-category as Small NII for applications between Rs 2 lakhs to Rs 10 lakhs.
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.

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Prevest Denpro IPO Subscription FAQs

The Prevest Denpro IPO is subscribed 38.12 by Sep 17, 2021.