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March 2, 2023 - March 6, 2023

Vertexplus Technologies IPO Subscription Details

Vertexplus Technologies IPO Subscription Status Live

Vertexplus Technologies IPO subscribed 11.01 times. The public issue subscribed 15.53 times in the retail category, 1.43 times in QIB, and 35.15 times in the NII category by March 6, 2023 (Day 3).

Investor CategorySubscription (times)Shares OfferedShares Bid forTotal Amount (Rs Cr.)*
Qualified Institutions1.43702,0004,10,4003.94
Non-Institutional Buyers35.15211,20074,24,40071.27
Retail Investors15.53492,00076,41,60073.36
Total 11.011,405,2001,54,76,400148.57

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

* Market Maker portion of 74,400 equity shares not included.

Vertexplus Technologies IPO (Day-wise) Subscription Details (times)

Day 1
March 2, 2023
Day 2
March 3, 2023
Day 3
March 6, 2023

Vertexplus Technologies IPO Shares Offered

Vertexplus Technologies IPO is a public issue of 1,894,800 equity shares. The issue offers 492,000 shares to retail investors, 702,000 shares to qualified institutional buyers, and 211,200 shares to non-institutional investors.

CategoryShares OfferedAmount (Rs Cr) Size (%)
Anchor Investor415,2003.9921.91%
Market Maker74,4000.713.93%

Vertexplus Technologies IPO Anchor Investor Allocation

A total of 415,200 shares at a price of Rs 96 per share will be allotted to the anchor investors.

S.No.Name of Anchor InvestorNo. of Shares AllocatedBid Price Per Share (Rs.)Anchor Investor Portion (%)Total Amount Allocated (Rs.)
1Zinnia Global Fund PCC - Blue Jade Investment Fund207,600965019,929,600
2Nav Capital Vcc- Nav Capital Emerging Star Fund207,600965019,929,600

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 on "AS IS" and "AS AVAILABLE" basis and without warranty, express or implied. does not warrant the accuracy, adequacy or completeness of the information you obtain through the above websites. shall not be liable in any way for any discrepancies, errors, omissions, losses or damage., 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.

Vertexplus Technologies IPO Subscription FAQs

The Vertexplus Technologies IPO is subscribed 11.01 by March 6, 2023.

Vertexplus Technologies IPO Subscription

Investor CategorySubscription (times)
Qualified Institutional1.43
Non Institutional35.15
Retail Individual15.53
Employee Reservations[.]
Total Subscription11.01

Retail category of Vertexplus Technologies IPO subscribed 15.53 times as of date March 6, 2023. The public issue closes on March 6, 2023 for bidding.

An investor can apply in Vertexplus Technologies IPO online via bank (using ASBA) or the broker (using UPI). The Vertexplus Technologies IPO shares are offered online only.

The Vertexplus Technologies IPO is subscribed 11.01 by March 6, 2023.

The Vertexplus Technologies IPO allotment status is expected on or around March 10, 2023. Visit Vertexplus Technologies IPO allotment status to check.

The Vertexplus Technologies IPO listing date is Wednesday, March 15, 2023. The equity share of Vertexplus Technologies Limited will list on NSE SME.

Visit Vertexplus Technologies IPO subscription status page for real-time bidding information about Vertexplus Technologies IPO.

Vertexplus Technologies IPO Timetable

IPO Opens OnMarch 2, 2023
IPO Closes OnMarch 6, 2023
Finalisation of Basis of AllotmentMarch 10, 2023
Initiation of RefundsMarch 13, 2023
Credit of Shares to Demat AccountMarch 14, 2023
IPO Listing DateMarch 15, 2023