February 16, 2021 - February 18, 2021

RailTel IPO Subscription Details

RailTel IPO Subscription Status Live

RailTel IPO subscribed 42.39 times. The public issue subscribed 16.78 times in the retail category, 65.14 times in QIB, and 73.25 times in the NII category by February 18, 2021 (Day 3).

Investor Category	Subscription (times)	Shares Offered	Shares Bid for	Total Amount (Rs Cr.)*
Qualified Institutions	65.14	17,369,237	1,13,14,50,400	10,635.63
Non-Institutional Buyers	73.25	12,998,006	95,21,18,190	8,949.91
Retail Investors	16.78	30,328,680	50,89,97,680	4,784.58
Employees	3.35	500,000	16,77,100	15.76
Others	[.]	0	0	0
Total	42.39	61,195,923	2,59,42,43,370	24,385.89

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

RailTel IPO (Day-wise) Subscription Details (times)

Date	QIB	NII	Retail	EMP	Total
Day 1 February 16, 2021	0.00	0.75	4.99	0.81	2.64
Day 2 February 17, 2021	2.96	2.63	10.55	1.85	6.64
Day 3 February 18, 2021	65.14	73.25	16.78	3.35	42.39

RailTel IPO Shares Offered

RailTel IPO is a public issue of 61,195,923 equity shares. The issue offers 30,328,680 shares to retail investors, 17,369,237 shares to qualified institutional buyers, and 12,998,006 shares to non-institutional investors.

Category	Shares Offered	Amount (Rs Cr)	Size (%)
QIB	17,369,237	163.27	28.38%
NII	12,998,006	122.18	21.24%
Retail	30,328,680	285.09	49.56%
Employee	500,000	4.70	0.82%
Total	61,195,923	575.24	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)
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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RailTel IPO Subscription FAQs

The RailTel IPO is subscribed 42.39 by February 18, 2021.