April 27, 2018 - May 3, 2018

SoftTech Engineers IPO Subscription Details

SoftTech Engineers IPO Subscription Status Live

SoftTech Engineers IPO subscribed 30.82 times. The public issue subscribed 28.94 times in the retail category, [.] times in QIB, and 31.21 times in the NII category by May 3, 2018 (Day 4).

Investor Category	Subscription (times)	Shares Offered	Shares Bid for	Total Amount (Rs Cr.)*
Qualified Institutions	[.]	0	20,01,600	16.01
Non-Institutional Buyers	31.21	1,353,600	4,22,51,200	338.01
Retail Investors	28.94	1,353,600	3,91,69,600	313.36
Employees	[.]	0		0
Others	[.]	0		0
Total	30.82	2,707,200	8,34,22,400	667.38

Disclaimer: *The total amount is calculated based on the final issue price or the price in the upper price range.

* Market Maker portion of 144,000 equity shares not included.

SoftTech Engineers IPO (Day-wise) Subscription Details (times)

Date	NII	Retail	Total
Day 1 April 27, 2018	0.17	0.35	0.26
Day 2 April 30, 2018	0.17	0.35	0.26
Day 3 May 2, 2018	0.40	5.99	3.41
Day 4 May 3, 2018	31.21	28.94	30.82

SoftTech Engineers IPO Shares Offered

SoftTech Engineers IPO is a public issue of 2,851,200 equity shares. The issue offers 1,353,600 shares to retail investors, 0 shares to qualified institutional buyers, and 1,353,600 shares to non-institutional investors.

Category	Shares Offered	Amount (Rs Cr)	Size (%)
Market Maker	144,000	1.15	5.05%
NII	1,353,600	10.83	47.47%
Retail	1,353,600	10.83	47.47%
Total	2,851,200	22.81	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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SoftTech Engineers IPO Subscription FAQs

The SoftTech Engineers IPO is subscribed 30.82 by May 3, 2018.