Shine Fashions IPO Subscription Details (Live Status)

Shine Fashions IPO Subscription Status Live

Shine Fashions IPO subscribed 1.73 times. The public issue subscribed 1.63 times in the retail category, 1.83 times in Other category by Oct 26, 2020.

Investor CategorySubscription (times)
Retail Investors1.63

Shine Fashions IPO (Day-wise) Subscription Details (times)

Day 1
Oct 22, 2020
Day 2
Oct 23, 2020
Day 3
Oct 25, 2020
Day 4
Oct 26, 2020

Shine Fashions IPO Shares Offered

Shine Fashions IPO is a public issue of 378,000 equity shares. The issue offers 189,000 shares to retail investors, 189,000 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 maker 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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Shine Fashions IPO Subscription FAQs

The Shine Fashions IPO is subscribed 1.73 by Oct 26, 2020.

Shine Fashions IPO Subscription

Investor CategorySubscription (times)
Qualified Institutional[.]
Non Institutional1.83
Retail Individual1.63
Employee Reservations[.]
Total Subscription1.73

Retail category of Shine Fashions IPO subscribed 1.63 times as of date Oct 26, 2020. The public issue closes on Oct 26, 2020 for bidding.

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

The Shine Fashions IPO is subscribed 1.73 by Oct 26, 2020.

The Shine Fashions IPO allotment status is expected on or around . Visit Shine Fashions IPO allotment status to check.

The Shine Fashions IPO listing date is Monday, November 2, 2020. The equity share of Shine Fashions (India) Ltd will list on BSE SME.

Visit Shine Fashions IPO subscription status page for real-time bidding information about Shine Fashions IPO.

Shine Fashions IPO Timetable

IPO Opens OnOct 22, 2020
IPO Closes OnOct 26, 2020
Finalisation of Basis of Allotment
Initiation of Refunds
Credit of Shares to Demat Account
IPO Listing Date