November 24, 2023 - November 29, 2023

Swashthik Plascon IPO Subscription Details

Swashthik Plascon IPO Subscription Status Live

Swashthik Plascon IPO subscribed 15.43 times. The public issue subscribed 13.58 times in the retail category, 3.42 times in QIB, and 35.76 times in the NII category by November 29, 2023 (Day 3).

Investor Category	Subscription (times)	Shares Offered	Shares Bid for	Total Amount (Rs Cr.)*
Qualified Institutions	3.42	900,800	30,84,800	26.53
Non-Institutional Buyers*	35.76	675,200	2,41,44,000	207.64
Retail Investors	13.58	1,576,000	2,13,98,400	184.03
Employees	[.]	0	0	0
Others	[.]	0	0	0
Total *	15.43	3,152,000	4,86,27,200	418.19

Total Application : 19,958 (20.26 times)

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

* Market Maker portion of 238,400 equity shares not included.

Swashthik Plascon IPO (Day-wise) Subscription Details (times)

Date	QIB	NII*	Retail	Total
Day 1 November 24, 2023	0.00	0.47	0.74	0.47
Day 2 November 28, 2023	0.00	1.25	3.12	1.83
Day 3 November 29, 2023	3.42	35.76	13.58	15.43

Swashthik Plascon IPO Shares Offered

Swashthik Plascon IPO is a public issue of 4,739,200 equity shares. The issue offers 1,576,000 shares to retail investors, 900,800 shares to qualified institutional buyers, and 675,200 shares to non-institutional investors.

Category	Shares Offered	Amount (Rs Cr)	Size (%)
Anchor Investor	1,348,800	11.60	28.46%
Market Maker	238,400	2.05	5.03%
QIB	900,800	7.75	19.01%
NII*	675,200	5.81	14.25%
Retail	1,576,000	13.55	33.25%
Total	4,739,200	40.76	100%

Swashthik Plascon IPO Anchor Investor Allocation

A total of 1,348,800 shares at a price of Rs 86 per share will be allotted to the anchor investors.

S.No.	Name of Anchor Investor	No. of Shares Allocated	Bid Price Per Share (Rs.)	Anchor Investor Portion (%)	Total Amount Allocated (Rs.)
1	Resonance Opportunities Fund	233,600	86	17.32	20,089,600
2	Neomile Growth Fund - Series I	123,200	86	9.13	10,595,200
3	Silver Stallion Limited	408,000	86	30.25	35,088,000
4	Chanakya Opportunities Fund 1	233,600	86	17.32	20,089,600
5	Kingsman Wealth Fund PCC KIF - I	350,400	86	25.98	30,134,400
		1,348,800		100	115,996,800

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?

Disclaimer: The above information / data is sourced from National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) websites and is subject to change in real time. For latest information / data, please refer to the respective websites. The information / data provided here in is for informational purposes only and is provided by Chittorgarh.com on "AS IS" and "AS AVAILABLE" basis and without warranty, express or implied. Chittorgarh.com does not warrant the accuracy, adequacy or completeness of the information you obtain through the above websites. Chittorgarh.com shall not be liable in any way for any discrepancies, errors, omissions, losses or damage. Chittorgarh.com, including its affiliates and its directors, staff and employees, shall not be liable for any loss, damage of any kind, including but not limited to direct, indirect, punitive, exemplary, consequential damages and lost profits arising in any way out of the use of information / data obtained through the said websites. The recipient alone is fully responsible / liable for any decision made based on this information / data. All recipients, before relying on the said information, should do their own research and seek appropriate professional advice.

Swashthik Plascon IPO Subscription FAQs

The Swashthik Plascon IPO is subscribed 15.43 by November 29, 2023.