July 14, 2023 - July 18, 2023

Service Care IPO Subscription Details

Service Care IPO Subscription Status Live

Service Care IPO subscribed 6.44 times. The public issue subscribed 10.54 times in the retail category, 5.10 times in QIB, and 2.64 times in the NII category by July 18, 2023 (Day 3).

Investor Category	Subscription (times)	Shares Offered	Shares Bid for	Total Amount (Rs Cr.)*
Qualified Institutions	5.10	294,000	14,98,000	10.04
Non-Institutional Buyers*	2.64	1,318,000	34,84,000	23.34
Retail Investors	10.54	1,318,000	1,38,86,000	93.04
Employees	[.]	0	0	0
Others	[.]	0	0	0
Total *	6.44	2,930,000	1,88,68,000	126.42

Total Application : 6,943 (10.54 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 156,000 equity shares not included.

Service Care IPO (Day-wise) Subscription Details (times)

Date	QIB	NII*	Retail	Total
Day 1 July 14, 2023	1.00	0.58	0.60	0.63
Day 2 July 17, 2023	2.03	0.80	2.60	1.73
Day 3 July 18, 2023	5.10	2.64	10.54	6.44

Service Care IPO Shares Offered

Service Care IPO is a public issue of 3,086,000 equity shares. The issue offers 1,318,000 shares to retail investors, 294,000 shares to qualified institutional buyers, and 1,318,000 shares to non-institutional investors.

Category	Shares Offered	Amount (Rs Cr)	Size (%)
Market Maker	156,000	1.05	5.06%
QIB	294,000	1.97	9.53%
NII*	1,318,000	8.83	42.71%
Retail	1,318,000	8.83	42.71%
Total	3,086,000	20.68	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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Service Care IPO Subscription FAQs

The Service Care IPO is subscribed 6.44 by July 18, 2023.