July 28, 2009 - July 31, 2009

Adani Power IPO Subscription Details

Adani Power IPO Subscription Status Live

Adani Power IPO subscribed 21.64 times. The public issue subscribed 2.97 times in the retail category, 39.48 times in QIB, and 8.62 times in the NII category by July 31, 2009 (Day 4).

Investor Category	Subscription (times)	Shares Offered
Qualified Institutions	39.48	123,333,869
Non-Institutional Buyers	8.62	29,365,203
Retail Investors	2.97	88,095,609
Employees	0.11	8,000,000
Others	[.]	0
Total	21.64	248,794,681

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

Adani Power IPO (Day-wise) Subscription Details (times)

Date	QIB	NII	Retail	EMP	Total
Day 1 July 28, 2009	7.45	2.12	0.06	0.00	3.96
Day 2 July 29, 2009	8.70	2.14	0.20	0.01	4.64
Day 3 July 30, 2009	12.93	2.17	0.55	0.02	6.86
Day 4 July 31, 2009	39.48	8.62	2.97	0.11	21.64

Adani Power IPO Shares Offered

Adani Power IPO is a public issue of 248,794,681 equity shares. The issue offers 88,095,609 shares to retail investors, 123,333,869 shares to qualified institutional buyers, and 29,365,203 shares to non-institutional investors.

Category	Shares Offered	Amount (Rs Cr)	Size (%)
QIB	123,333,869	1,233.34	49.57%
NII	29,365,203	293.65	11.80%
Retail	88,095,609	880.96	35.41%
Employee	8,000,000	80.00	3.22%
Total	248,794,681	2,487.95	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?

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.

Adani Power IPO Subscription FAQs

The Adani Power IPO is subscribed 21.64 by July 31, 2009.