Sharda Cropchem IPO Subscription Details (Live Status)

Sharda Cropchem IPO Subscription Status Live

Sharda Cropchem IPO subscribed 59.97 times. The public issue subscribed 5.85 times in the retail category, 32.06 times in QIB, and 251.35 times in the NII category by Sep 9, 2014.

Investor Category	Subscription (times)
Qualified Institutions	32.06
Non-Institutional Buyers	251.35
Retail Investors	5.85
Employees	[.]
Others	[.]
Total	59.97

Sharda Cropchem IPO (Day-wise) Subscription Details (times)

Date	QIB	NII	Retail	Total
Day 1 Sep 5, 2014	0.04	0.01	0.22	0.11
Day 2 Sep 8, 2014	1.72	1.27	1.79	1.67
Day 3 Sep 9, 2014	32.06	251.35	5.85	59.97

Sharda Cropchem IPO Shares Offered

Sharda Cropchem IPO is a public issue of 19,172,024 equity shares. The issue offers 7,894,294 shares to retail investors, 7,894,461 shares to qualified institutional buyers, and 3,383,269 shares to non-institutional investors.

Category	Shares Offered	Amount (Rs Cr)	Size (%)
QIB	7,894,461	123.15	41.18%
NII	3,383,269	52.78	17.65%
Retail	7,894,294	123.15	41.18%
Total*	19,172,024	299.08	100%

* Anchor Investor portion is not included.

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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Sharda Cropchem IPO Subscription FAQs

The Sharda Cropchem IPO is subscribed 59.97 by Sep 9, 2014.