March 27, 2024 - April 2, 2024

TAC Infosec IPO Subscription Details

TAC Infosec IPO Subscription Status Live

TAC Infosec IPO subscribed 422.03 times. The public issue subscribed 433.80 times in the retail category, 141.29 times in QIB, and 768.89 times in the NII category by April 2, 2024 (Day 4).

Investor Category	Subscription (times)	Shares Offered	Shares Bid for	Total Amount (Rs Cr.)*
Qualified Institutions	141.29	537,600	7,59,56,400	805.14
Non-Institutional Buyers*	768.89	403,200	31,00,15,200	3,286.16
Retail Investors	433.80	940,800	40,81,16,400	4,326.03
Employees	[.]	0	0	0
Others	[.]	0	0	0
Total *	422.03	1,881,600	79,40,88,000	8,417.33

Total Application : 340,097 (433.80 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 141,600 equity shares not included.

TAC Infosec IPO (Day-wise) Subscription Details (times)

Date	QIB	NII*	Retail	Total
Day 1 March 27, 2024	2.64	6.06	16.57	10.34
Day 2 March 28, 2024	2.67	14.08	42.17	24.86
Day 3 April 1, 2024	2.67	52.13	116.37	70.12
Day 4 April 2, 2024	141.29	768.89	433.80	422.03

TAC Infosec IPO Shares Offered

TAC Infosec IPO is a public issue of 2,829,600 equity shares. The issue offers 940,800 shares to retail investors, 537,600 shares to qualified institutional buyers, and 403,200 shares to non-institutional investors.

Category	Shares Offered	Amount (Rs Cr)	Size (%)
Anchor Investor	806,400	8.55	28.50%
Market Maker	141,600	1.50	5.00%
QIB	537,600	5.70	19.00%
NII*	403,200	4.27	14.25%
Retail	940,800	9.97	33.25%
Total	2,829,600	29.99	100%

TAC Infosec IPO Anchor Investor Allocation

A total of 806,400 shares at a price of Rs 106 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	Nav Capital Vcc- Nav Capital Emerging Star Fund	237,600	106	29.46	25,185,600
2	Beacon Stone Capital VCC- Beacon Stone I	189,600	106	23.51	20,097,600
3	Zinnia Global Fund PCC- Cell Dewap Fund	94,800	106	11.76	10,048,800
4	LC RADIANCE FUND VCC	94,800	106	11.76	10,048,800
5	Astrone capital VCC - Arven	189,600	106	23.51	20,097,600
		806,400		100	85,478,400

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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TAC Infosec IPO Subscription FAQs

The TAC Infosec IPO is subscribed 422.03 by April 2, 2024.