January 25, 2021 - January 28, 2021

Stove Kraft IPO Subscription Details

Stove Kraft IPO Subscription Status Live

Stove Kraft IPO subscribed 18.03 times. The public issue subscribed 26.04 times in the retail category, 8.02 times in QIB, and 32.72 times in the NII category by January 28, 2021 (Day 3).

Investor Category	Subscription (times)	Shares Offered	Shares Bid for	Total Amount (Rs Cr.)*
Qualified Institutions	8.02	3,215,260	2,57,75,438	992.35
Non-Institutional Buyers	32.72	1,607,629	5,26,01,234	2,025.15
Retail Investors	26.04	1,071,753	2,79,06,706	1,074.41
Employees	[.]	0	0	0
Others	[.]	0	0	0
Total	18.03	5,894,642	10,62,83,378	4,091.91

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

Stove Kraft IPO (Day-wise) Subscription Details (times)

Date	QIB	NII	Retail	Total
Day 1 January 25, 2021	0.00	0.05	5.37	0.99
Day 2 January 27, 2021	0.08	1.85	13.08	2.93
Day 3 January 28, 2021	8.02	32.72	26.04	18.03

Stove Kraft IPO Shares Offered

Stove Kraft IPO is a public issue of 5,894,642 equity shares. The issue offers 1,071,753 shares to retail investors, 3,215,260 shares to qualified institutional buyers, and 1,607,629 shares to non-institutional investors.

Category	Shares Offered	Amount (Rs Cr)	Size (%)
QIB	3,215,260	123.79	54.55%
NII	1,607,629	61.89	27.27%
Retail	1,071,753	41.26	18.18%
Total	5,894,642	226.94	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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Stove Kraft IPO Subscription FAQs

The Stove Kraft IPO is subscribed 18.03 by January 28, 2021.