November 29, 2023 - December 1, 2023

AMIC Forging IPO Subscription Details

AMIC Forging IPO Subscription Status Live

AMIC Forging IPO subscribed 289.05 times. The public issue subscribed 273.01 times in the retail category, 91.43 times in QIB, and 589.27 times in the NII category by December 1, 2023 (Day 3).

Investor Category	Subscription (times)	Shares Offered	Shares Bid for	Total Amount (Rs Cr.)*
Qualified Institutions	91.43	524,000	4,79,11,000	603.68
Non-Institutional Buyers*	589.27	394,000	23,21,74,000	2,925.39
Retail Investors	273.01	919,000	25,08,97,000	3,161.30
Employees	[.]	0	0	0
Others	[.]	0	0	0
Total *	289.05	1,837,000	53,09,82,000	6,690.37

Total Application : 310,073 (337.40 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 139,000 equity shares not included.

AMIC Forging IPO (Day-wise) Subscription Details (times)

Date	QIB	NII*	Retail	Total
Day 1 November 29, 2023	3.53	4.02	6.65	5.20
Day 2 November 30, 2023	7.43	20.90	35.09	24.16
Day 3 December 1, 2023	91.43	589.27	273.01	289.05

AMIC Forging IPO Shares Offered

AMIC Forging IPO is a public issue of 2,762,000 equity shares. The issue offers 919,000 shares to retail investors, 524,000 shares to qualified institutional buyers, and 394,000 shares to non-institutional investors.

Category	Shares Offered	Amount (Rs Cr)	Size (%)
Anchor Investor	786,000	9.90	28.46%
Market Maker	139,000	1.75	5.03%
QIB	524,000	6.60	18.97%
NII*	394,000	4.96	14.27%
Retail	919,000	11.58	33.27%
Total	2,762,000	34.80	100%

AMIC Forging IPO Anchor Investor Allocation

A total of 786,000 shares at a price of Rs 126 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	Chhattisgarh Investments Limited	96,000	126	12.21	12,096,000
2	Meru Investment Fund PCC-Cell 1	309,000	126	39.31	38,934,000
3	Saint Capital Fund	206,000	126	26.21	25,956,000
4	Persistent Growth Fund- Varsu India Growth Story Scheme 1	175,000	126	22.26	22,050,000
		786,000		100	99,036,000

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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AMIC Forging IPO Subscription FAQs

The AMIC Forging IPO is subscribed 289.05 by December 1, 2023.