November 22, 2023 - November 24, 2023

Rockingdeals Circular Economy IPO Subscription Details

Rockingdeals Circular Economy IPO Subscription Status Live

Rockingdeals Circular Economy IPO subscribed 213.64 times. The public issue subscribed 201.42 times in the retail category, 47.38 times in QIB, and 458.60 times in the NII category by November 24, 2023 (Day 3).

Investor Category	Subscription (times)	Shares Offered	Shares Bid for	Total Amount (Rs Cr.)*
Qualified Institutions	47.38	280,000	1,32,66,000	185.72
Non-Institutional Buyers*	458.60	215,000	9,85,98,000	1,380.37
Retail Investors	201.42	500,000	10,07,11,000	1,409.95
Employees	[.]	0	0	0
Others	[.]	0	0	0
Total *	213.64	995,000	21,25,75,000	2,976.05

Total Application : 100,711 (201.42 times)

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

* Market Maker portion of 85,000 equity shares not included.

Rockingdeals Circular Economy IPO (Day-wise) Subscription Details (times)

Date	QIB	NII*	Retail	Total
Day 1 November 22, 2023	0.02	14.19	26.42	16.35
Day 2 November 23, 2023	8.49	50.42	81.94	54.46
Day 3 November 24, 2023	47.38	458.60	201.42	213.64

Rockingdeals Circular Economy IPO Shares Offered

Rockingdeals Circular Economy IPO is a public issue of 1,500,000 equity shares. The issue offers 500,000 shares to retail investors, 280,000 shares to qualified institutional buyers, and 215,000 shares to non-institutional investors.

Category	Shares Offered	Amount (Rs Cr)	Size (%)
Anchor Investor	420,000	5.88	28.00%
Market Maker	85,000	1.19	5.67%
QIB	280,000	3.92	18.67%
NII*	215,000	3.01	14.33%
Retail	500,000	7.00	33.33%
Total	1,500,000	21.00	100%

Rockingdeals Circular Economy IPO Anchor Investor Allocation

A total of 420,000 shares at a price of Rs 140 per share will be allotted to the anchor investors.

S.No.	Name of Anchor Investor	No. of Shares Allocated	Bid Price Per Share (Rs.)	Anchor Investor Portion (%)	Total Amount Allocated (Rs.)
1	Astrone capital VCC - Arven	138,000	140	32.86	19,320,000
2	Nova Global Opportunities Fund PCC-Touchstone	72,000	140	17.14	10,080,000
3	Next Orbit Ventures Fund	72,000	140	17.14	10,080,000
4	Varsu India Growth Story Scheme I (Persistent Growth Fund)	138,000	140	32.86	19,320,000
		420,000		100	58,800,000

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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Rockingdeals Circular Economy IPO Subscription FAQs

The Rockingdeals Circular Economy IPO is subscribed 213.64 by November 24, 2023.