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January 28, 2022 - February 1, 2022

Safa Systems IPO Subscription Details

Safa Systems IPO Subscription Status Live

Safa Systems IPO subscribed 52.71 times. The public issue subscribed 40.81 times in the retail category, 64.61 times in Other category by February 1, 2022.

Investor CategorySubscription (times)Shares OfferedShares Bid forTotal Amount (Rs Cr.)*
Retail Investors40.811,900,0007,75,40,00077.54
Total 52.713,800,00020,03,00,000200.30

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

* Market Maker portion of 200,000 equity shares not included.

Safa Systems IPO (Day-wise) Subscription Details (times)

Day 1
January 28, 2022
Day 2
January 30, 2022
Day 3
January 31, 2022
Day 4
February 1, 2022

Safa Systems IPO Shares Offered

Safa Systems IPO is a public issue of 4,000,000 equity shares. The issue offers 1,900,000 shares to retail investors, 1,900,000 shares to other investors. The other investors include applicants other than retail i.e. HNI, corporates, institutions, (NII and QIB).

CategoryShares OfferedAmount (Rs Cr) Size (%)
Market Maker200,0000.205.00%

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?

Disclaimer: The above information / data is sourced from National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) websites and is subject to change in real time. For latest information / data, please refer to the respective websites. The information / data provided here in is for informational purposes only and is provided by on "AS IS" and "AS AVAILABLE" basis and without warranty, express or implied. does not warrant the accuracy, adequacy or completeness of the information you obtain through the above websites. shall not be liable in any way for any discrepancies, errors, omissions, losses or damage., including its affiliates and its directors, staff and employees, shall not be liable for any loss, damage of any kind, including but not limited to direct, indirect, punitive, exemplary, consequential damages and lost profits arising in any way out of the use of information / data obtained through the said websites. The recipient alone is fully responsible / liable for any decision made based on this information / data. All recipients, before relying on the said information, should do their own research and seek appropriate professional advice.

Safa Systems IPO Subscription FAQs

The Safa Systems IPO is subscribed 52.71 by February 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 February 1, 2022. The public issue closes on February 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 February 1, 2022.

The Safa Systems IPO allotment status is expected on or around February 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 OnJanuary 28, 2022
IPO Closes OnFebruary 1, 2022
Finalisation of Basis of AllotmentFebruary 4, 2022
Initiation of RefundsFebruary 7, 2022
Credit of Shares to Demat AccountFebruary 8, 2022
IPO Listing DateFebruary 9, 2022