June 19, 2024 - June 21, 2024

Aasaan Loans IPO Subscription Details

Aasaan Loans IPO Subscription Status Live

Aasaan Loans IPO subscribed 54.49 times. The public issue subscribed 44.58 times in the retail category, 28.12 times in QIB, and 129.98 times in the NII category by June 21, 2024 (Day 3).

Investor Category	Subscription (times)	Shares Offered	Shares Bid for	Total Amount (Rs Cr.)*
Qualified Institutions	28.12	2,090,000	5,87,62,125	705.15
Non-Institutional Buyers	129.98	1,567,500	20,37,43,250	2,444.92
bNII (bids above ₹10L)	121.56	1,045,000	12,70,26,875	1,524.32
sNII (bids below ₹10L)	146.83	522,500	7,67,16,375	920.60
Retail Investors	44.58	3,657,500	16,30,66,125	1,956.79
Employees	5.42	550,000	29,78,250	35.74
Others	[.]	0	0	0
Total	54.49	7,865,000	42,85,49,750	5,142.60

Total Application : 1,218,115 (41.63 times)

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

Aasaan Loans IPO (Day-wise) Subscription Details (times)

Date	QIB	NII	Retail	EMP	Total
Day 1 June 19, 2024	0.02	5.18	4.28	0.57	3.07
Day 2 June 20, 2024	0.17	22.28	15.31	1.58	11.72
Day 3 June 21, 2024	28.12	129.98	44.58	5.42	54.49

Aasaan Loans IPO Shares Offered

Aasaan Loans IPO is a public issue of 11,000,000 equity shares. The issue offers 3,657,500 shares to retail investors, 2,090,000 shares to qualified institutional buyers, and 1,567,500 shares to non-institutional investors.

Category	Shares Offered	Amount (Rs Cr)	Size (%)
Anchor Investor	3,135,000	37.62	28.50%
QIB	2,090,000	25.08	19.00%
NII	1,567,500	18.81	14.25%
bNII (bids above ₹10L)	1,045,000	12.54	9.50%
sNII (bids below ₹10L)	522,500	6.27	4.75%
Retail	3,657,500	43.89	33.25%
Employee	550,000	6.60	5.00%
Total	11,000,000	132.00	100%

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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Aasaan Loans IPO Subscription FAQs

The Aasaan Loans IPO is subscribed 54.49 by June 21, 2024.