Safa Systems IPO Subscription Details (Live Status)

Safa Systems IPO Details

IPO Open Jan 28, 2022
IPO Close Feb 1, 2022
IPO Price ₹10
Face Value ₹10
IPO Size ₹4.00 Cr
Listing At BSE SME
Lot Size 10000
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Safa Systems IPO Subscription Status Live

Safa Systems IPO subscribed 52.71 times. The public issue subscribed 40.81 times in the retail category, [.] times in QIB, and 64.61 times in the NII category by Feb 1, 2022.

Investor CategorySubscription (times)
Qualified Institutions[.]
Non-Institutional Buyers64.61
Retail Investors40.81

Safa Systems IPO Subscription Details (times)

Day 1
Jan 28, 2022
Day 2
Jan 30, 2022
Day 3
Jan 31, 2022
Day 4
Feb 1, 2022

Safa Systems IPO Shares Offered

Safa Systems IPO is a public issue of 3,800,000 equity shares. The issue offers 1,900,000 shares to retail investors, 0 shares to qualified institutional buyers, and 1,900,000 shares to non-institutional investors.

CategoryShares OfferedAmount (Rs Cr) Size (%)

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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Safa Systems IPO Subscription FAQs

The Safa Systems IPO is subscribed 52.71 by Feb 1, 2022.

Safa Systems IPO Subscription

Investor CategorySubscription (times)
Qualified Institutional[.]
Non Institutional64.61
Retail Individual40.81
Employee Reservations[.]
Total Subscription52.71

Retail category of Safa Systems IPO subscribed 40.81 times as of date Feb 1, 2022. The public issue closes on Feb 1, 2022 for bidding.

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

The Safa Systems IPO is subscribed 52.71 by Feb 1, 2022.

The Safa Systems IPO allotment status is expected on or around Feb 4, 2022. Visit Safa Systems IPO allotment status to check.

The Safa Systems IPO listing date is Wednesday, February 9, 2022. The equity share of Safa Systems & Technologies Limited will list on BSE SME.

Visit Safa Systems IPO subscription status page for real-time bidding information about Safa Systems IPO.

Safa Systems IPO Timetable

IPO Opens OnJan 28, 2022
IPO Closes OnFeb 1, 2022
Finalisation of Basis of AllotmentFeb 4, 2022
Initiation of RefundsFeb 7, 2022
Credit of Shares to Demat AccountFeb 8, 2022
IPO Listing DateFeb 9, 2022