December 19, 2023 - December 21, 2023

Shanti Spintex IPO Subscription Details

Shanti Spintex IPO Subscription Status Live

Shanti Spintex IPO subscribed 27.38 times. The public issue subscribed 22.01 times in the retail category, 14.34 times in QIB, and 57.28 times in the NII category by December 21, 2023 (Day 3).

Investor Category	Subscription (times)	Shares Offered	Shares Bid for	Total Amount (Rs Cr.)*
Qualified Institutions	14.34	848,000	1,21,58,000	85.11
Non-Institutional Buyers*	57.28	636,000	3,64,32,000	255.02
Retail Investors	22.01	1,484,000	3,26,70,000	228.69
Employees	[.]	0	0	0
Others	[.]	0	0	0
Total *	27.38	2,968,000	8,12,60,000	568.82

Total Application : 18,290 (24.65 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 224,000 equity shares not included.

Shanti Spintex IPO (Day-wise) Subscription Details (times)

Date	QIB	NII*	Retail	Total
Day 1 December 19, 2023	2.08	2.75	1.84	2.11
Day 2 December 20, 2023	4.49	5.66	6.19	5.59
Day 3 December 21, 2023	14.34	57.28	22.01	27.38

Shanti Spintex IPO Shares Offered

Shanti Spintex IPO is a public issue of 4,464,000 equity shares. The issue offers 1,484,000 shares to retail investors, 848,000 shares to qualified institutional buyers, and 636,000 shares to non-institutional investors.

Category	Shares Offered	Amount (Rs Cr)	Size (%)
Anchor Investor	1,272,000	8.90	28.49%
Market Maker	224,000	1.57	5.02%
QIB	848,000	5.94	19.00%
NII*	636,000	4.45	14.25%
Retail	1,484,000	10.39	33.24%
Total	4,464,000	31.25	100%

Shanti Spintex IPO Anchor Investor Allocation

A total of 1,272,000 shares at a price of Rs 70 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	3 SIGMA GLOBAL FUND	160,000	70	12.58	11,200,000
2	FINAVENUE CAPITAL TRUST FINAVENUE GROWTH FUND	160,000	70	12.58	11,200,000
3	Moneywise Financial Services Pvt. Ltd.	160,000	70	12.58	11,200,000
4	Persistent Growth Fund- Varsu India Growth Story Scheme 1	160,000	70	12.58	11,200,000
5	Rajasthan Global Securities Pvt. Limited	160,000	70	12.58	11,200,000
6	Swyom India Alpha Fund	160,000	70	12.58	11,200,000
7	LC RADIANCE FUND VCC	156,000	70	12.26	10,920,000
8	Matterhorn India Fund	156,000	70	12.26	10,920,000
		1,272,000		100	89,040,000

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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Shanti Spintex IPO Subscription FAQs

The Shanti Spintex IPO is subscribed 27.38 by December 21, 2023.