August 28, 2024 - August 30, 2024

Aeron Composite IPO Subscription Details

Aeron Composite IPO Subscription Status Live

Aeron Composite IPO subscribed 41.07 times. The public issue subscribed 33.77 times in the retail category, 27.82 times in QIB, and 75.53 times in the NII category by August 30, 2024 (Day 3).

Investor Category	Subscription (times)	Shares Offered	Shares Bid for	Total Amount (Rs Cr.)*
Qualified Institutions	27.82	810,000	2,25,31,000	281.64
Non-Institutional Buyers*	75.53	608,000	4,59,20,000	574.00
Retail Investors	33.77	1,418,000	4,78,89,000	598.61
Employees	[.]	0	0	0
Others	[.]	0	0	0
Total *	41.07	2,836,000	11,64,62,000	1,455.78

Total Application : 47,889 (33.77 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 228,000 equity shares not included.

Aeron Composite IPO (Day-wise) Subscription Details (times)

Date	QIB	NII*	Retail	Total
Day 1 August 28, 2024	2.62	1.56	3.00	2.59
Day 2 August 29, 2024	3.61	4.14	6.53	5.19
Day 3 August 30, 2024	27.82	75.53	33.77	41.07

Aeron Composite IPO Shares Offered

Aeron Composite IPO is a public issue of 4,278,000 equity shares. The issue offers 1,418,000 shares to retail investors, 810,000 shares to qualified institutional buyers, and 608,000 shares to non-institutional investors.

Category	Shares Offered	Amount (Rs Cr)	Size (%)
Anchor Investor	1,214,000	15.18	28.38%
Market Maker	228,000	2.85	5.33%
QIB	810,000	10.13	18.93%
NII*	608,000	7.60	14.21%
Retail	1,418,000	17.73	33.15%
Total	4,278,000	53.48	100%

Aeron Composite IPO Anchor Investor Allocation

A total of 12,14,000 shares at a price of Rs 0 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	India Ahead Venture Fund	2,40,000	125	19.77	3,00,00,000
2	Nav Capital VCC	2,40,000	125	19.77	3,00,00,000
3	AG Dynamic Funds Limited	1,74,000	125	14.33	2,17,50,000
4	Craft Emerging Market Fund PCC	80,000	125	6.59	1,00,00,000
5	Finavenue Capital Trust	80,000	125	6.59	1,00,00,000
6	Galaxy Noble Global Opportunities Fund PCC	80,000	125	6.59	1,00,00,000
7	India Equity Fund	80,000	125	6.59	1,00,00,000
8	India Max Investment Fund Limited	80,000	125	6.59	1,00,00,000
9	Matterhorn India Fund	80,000	125	6.59	1,00,00,000
10	StepTrade Revolution Fund	80,000	125	6.59	1,00,00,000
		12,14,000		100	15,17,50,000

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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Aeron Composite IPO Subscription FAQs

The Aeron Composite IPO is subscribed 41.07 by August 30, 2024.