Shree Vasu Logistics IPO Subscription Details (Live Status)

Shree Vasu Logistics IPO Details

IPO Open	May 23, 2018
IPO Close	May 25, 2018
IPO Price	₹45
Face Value	₹10
IPO Size	₹9.29 Cr
Listing At	NSE SME
Lot Size	3000

Shree Vasu Logistics IPO Subscription Status Live

Shree Vasu Logistics IPO subscribed 1.67 times. The public issue subscribed 0.88 times in the retail category, [.] times in QIB, and 2.45 times in the NII category by May 25, 2018.

Investor Category	Subscription (times)
Qualified Institutions	[.]
Non-Institutional Buyers	2.45
Retail Investors	0.88
Employees	[.]
Others	[.]
Total	1.67

Shree Vasu Logistics IPO Subscription Details (times)

Date	NII	Retail	Total
Day 1 May 23, 2018	1.82	0.08	0.95
Day 2 May 24, 2018	2.05	0.19	1.12
Day 3 May 25, 2018	2.45	0.88	1.67

Shree Vasu Logistics IPO Shares Offered

Shree Vasu Logistics IPO is a public issue of 1,956,000 equity shares. The issue offers 978,000 shares to retail investors, 0 shares to qualified institutional buyers, and 978,000 shares to non-institutional investors.

Category	Shares Offered	Amount (Rs Cr)	Size (%)
NII	978,000	4.40	50.00%
Retail	978,000	4.40	50.00%
Total	1,956,000	8.80	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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Shree Vasu Logistics IPO Subscription FAQs

The Shree Vasu Logistics IPO is subscribed 1.67 by May 25, 2018.