February 15, 2024 - February 20, 2024

Thaai Casting IPO Subscription Details

Thaai Casting IPO Subscription Status Live

Thaai Casting IPO subscribed 375.43 times. The public issue subscribed 355.66 times in the retail category, 144.43 times in QIB, and 729.72 times in the NII category by February 20, 2024 (Day 4).

Investor Category	Subscription (times)	Shares Offered	Shares Bid for	Total Amount (Rs Cr.)*
Qualified Institutions	144.43	1,156,800	16,70,80,000	1,286.52
Non-Institutional Buyers*	729.72	867,200	63,28,12,800	4,872.66
Retail Investors	355.66	2,024,000	71,98,46,400	5,542.82
Employees	[.]	0	0	0
Others	[.]	0	0	0
Total *	375.43	4,048,000	1,51,97,39,200	11,701.99

Total Application : 449,904 (355.66 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 347,200 equity shares not included.

Thaai Casting IPO (Day-wise) Subscription Details (times)

Date	QIB	NII*	Retail	Total
Day 1 February 15, 2024	1.04	2.10	5.06	3.28
Day 2 February 16, 2024	3.51	7.34	21.81	13.48
Day 3 February 19, 2024	3.63	69.31	115.95	73.86
Day 4 February 20, 2024	144.43	729.72	355.66	375.43

Thaai Casting IPO Shares Offered

Thaai Casting IPO is a public issue of 6,129,600 equity shares. The issue offers 2,024,000 shares to retail investors, 1,156,800 shares to qualified institutional buyers, and 867,200 shares to non-institutional investors.

Category	Shares Offered	Amount (Rs Cr)	Size (%)
Anchor Investor	1,734,400	13.35	28.30%
Market Maker	347,200	2.67	5.66%
QIB	1,156,800	8.91	18.87%
NII*	867,200	6.68	14.15%
Retail	2,024,000	15.58	33.02%
Total	6,129,600	47.20	100%

Thaai Casting IPO Anchor Investor Allocation

A total of 1,734,400 shares at a price of Rs 77 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	Vikasa India EIF I Fund- Incube Global Opportunities	1,473,600	77	84.96	113,467,200
2	Silver Stallion Limited	260,800	77	15.04	20,081,600
		1,734,400		100	133,548,800

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?

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Thaai Casting IPO Subscription FAQs

The Thaai Casting IPO is subscribed 375.43 by February 20, 2024.