December 12, 2023 - December 14, 2023

S J Logistics IPO Subscription Details

S J Logistics IPO Subscription Status Live

S J Logistics IPO subscribed 316.26 times. The public issue subscribed 356.33 times in the retail category, 116.16 times in QIB, and 489.45 times in the NII category by December 14, 2023 (Day 3).

Investor Category	Subscription (times)	Shares Offered	Shares Bid for	Total Amount (Rs Cr.)*
Qualified Institutions	116.16	730,000	8,47,94,000	1,059.93
Non-Institutional Buyers*	489.45	548,000	26,82,20,000	3,352.75
Retail Investors	356.33	1,277,000	45,50,36,000	5,687.95
Employees	[.]	0	0	0
Others	[.]	0	0	0
Total *	316.26	2,555,000	80,80,50,000	10,100.63

Total Application : 455,036 (356.33 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 193,000 equity shares not included.

S J Logistics IPO (Day-wise) Subscription Details (times)

Date	QIB	NII*	Retail	Total
Day 1 December 12, 2023	4.08	22.06	37.34	24.56
Day 2 December 13, 2023	4.71	49.63	101.79	62.87
Day 3 December 14, 2023	116.16	489.45	356.33	316.26

S J Logistics IPO Shares Offered

S J Logistics IPO is a public issue of 3,840,000 equity shares. The issue offers 1,277,000 shares to retail investors, 730,000 shares to qualified institutional buyers, and 548,000 shares to non-institutional investors.

Category	Shares Offered	Amount (Rs Cr)	Size (%)
Anchor Investor	1,092,000	13.65	28.44%
Market Maker	193,000	2.41	5.03%
QIB	730,000	9.13	19.01%
NII*	548,000	6.85	14.27%
Retail	1,277,000	15.96	33.26%
Total	3,840,000	48.00	100%

S J Logistics IPO Anchor Investor Allocation

A total of 1,092,000 shares at a price of Rs 125 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	India-Ahead Venture Fund	160,000	125	14.65	20,000,000
2	India Max Investment Fund Limited	160,000	125	14.65	20,000,000
3	Chhattisgarh Investments Limited	160,000	125	14.65	20,000,000
4	Chanakya Opportunities Fund 1	80,000	125	7.33	10,000,000
5	Persistent Growth Fund- Varsu India Growth Story Scheme 1	104,000	125	9.52	13,000,000
6	VPK Global Ventures Fund - Scheme 1	80,000	125	7.33	10,000,000
7	Rajasthan Global Securities Pvt. Limited	160,000	125	14.65	20,000,000
8	FINAVENUE CAPITAL TRUST FINAVENUE GROWTH FUND	108,000	125	9.89	13,500,000
9	3 SIGMA GLOBAL FUND	80,000	125	7.33	10,000,000
		1,092,000		100	136,500,000

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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S J Logistics IPO Subscription FAQs

The S J Logistics IPO is subscribed 316.26 by December 14, 2023.