November 3, 2023 - November 7, 2023

Baba Food Processing IPO Subscription Details

Baba Food Processing IPO Subscription Status Live

Baba Food Processing IPO subscribed 69.44 times. The public issue subscribed 60.82 times in the retail category, 147.02 times in QIB, and 84.73 times in the NII category by November 7, 2023 (Day 3).

Investor Category	Subscription (times)	Shares Offered	Shares Bid for	Total Amount (Rs Cr.)*
Qualified Institutions	147.02	80,000	1,17,61,600	89.39
Non-Institutional Buyers*	84.73	1,193,600	10,11,39,200	768.66
Retail Investors	60.82	2,835,200	17,24,24,000	1,310.42
Employees	[.]	0	0	0
Others	[.]	0	0	0
Total *	69.44	4,108,800	28,53,24,800	2,168.47

Total Application : 107,765 (60.82 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 217,600 equity shares not included.

Baba Food Processing IPO (Day-wise) Subscription Details (times)

Date	QIB	NII*	Retail	Total
Day 1 November 3, 2023	1.66	1.30	3.82	3.05
Day 2 November 6, 2023	1.98	5.52	19.38	15.02
Day 3 November 7, 2023	147.02	84.73	60.82	69.44

Baba Food Processing IPO Shares Offered

Baba Food Processing IPO is a public issue of 4,326,400 equity shares. The issue offers 2,835,200 shares to retail investors, 80,000 shares to qualified institutional buyers, and 1,193,600 shares to non-institutional investors.

Category	Shares Offered	Amount (Rs Cr)	Size (%)
Market Maker	217,600	1.65	5.03%
QIB	80,000	0.61	1.85%
NII*	1,193,600	9.07	27.59%
Retail	2,835,200	21.55	65.53%
Total	4,326,400	32.88	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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Baba Food Processing IPO Subscription FAQs

The Baba Food Processing IPO is subscribed 69.44 by November 7, 2023.