Sudarshan Pharma Industries IPO Subscription Details (Live Status)

Sudarshan Pharma Industries IPO Subscription Status Live

Sudarshan Pharma Industries IPO subscribed 1.06 times. The public issue subscribed 1.20 times in the retail category, 1.01 times in QIB, and 0.81 times in the NII category by Mar 14, 2023.

Investor Category	Subscription (times)
Qualified Institutions	1.01
Non-Institutional Buyers	0.81
Retail Investors	1.20
Employees	[.]
Others	[.]
Total	1.06

Total Application : 3,005 (1.32 times)

Sudarshan Pharma Industries IPO (Day-wise) Subscription Details (times)

Date	QIB	NII	Retail	Total
Day 1 Mar 9, 2023	0.00	0.37	0.47	0.40
Day 2 Mar 10, 2023	0.00	0.38	0.67	0.52
Day 3 Mar 13, 2023	0.00	0.58	0.88	0.71
Day 4 Mar 14, 2023	1.01	0.81	1.20	1.06

Sudarshan Pharma Industries IPO Shares Offered

Sudarshan Pharma Industries IPO is a public issue of 6,081,600 equity shares. The issue offers 3,651,200 shares to retail investors, 521,600 shares to qualified institutional buyers, and 1,908,800 shares to non-institutional investors.

Category	Shares Offered	Amount (Rs Cr)	Size (%)
QIB	521,600	3.81	8.58%
NII	1,908,800	13.93	31.39%
Retail	3,651,200	26.65	60.04%
Total*	6,081,600	44.40	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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Sudarshan Pharma Industries IPO Subscription FAQs

The Sudarshan Pharma Industries IPO is subscribed 1.06 by Mar 14, 2023.