October 6, 2010 - October 13, 2010

BS Transcomm IPO Subscription Details

BS Transcomm IPO Subscription Status Live

BS Transcomm IPO subscribed 1.10 times. The public issue subscribed 1.04 times in the retail category, 0.52 times in QIB, and 3.16 times in the NII category by October 13, 2010 (Day 5).

Investor Category	Subscription (times)	Shares Offered
Qualified Institutions	0.52	3,839,705
Non-Institutional Buyers	3.16	1,151,911
Retail Investors	1.04	2,687,794
Employees	[.]	0
Others	[.]	0
Total	1.10	7,679,410

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

BS Transcomm IPO (Day-wise) Subscription Details (times)

Date	QIB	NII	Retail	Total
Day 1 October 6, 2010	0.00	1.62	0.45	0.40
Day 2 October 7, 2010	0.00	1.74	0.54	0.45
Day 3 October 8, 2010	0.00	2.01	0.78	0.58
Day 4 October 11, 2010	0.00	2.01	0.77	0.92
Day 5 October 13, 2010	0.52	3.16	1.04	1.10

BS Transcomm IPO Shares Offered

BS Transcomm IPO is a public issue of 7,679,410 equity shares. The issue offers 2,687,794 shares to retail investors, 3,839,705 shares to qualified institutional buyers, and 1,151,911 shares to non-institutional investors.

Category	Shares Offered	Amount (Rs Cr)	Size (%)
QIB	3,839,705	95.22	50.00%
NII	1,151,911	28.57	15.00%
Retail	2,687,794	66.66	35.00%
Total	7,679,410	190.45	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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BS Transcomm IPO Subscription FAQs

The BS Transcomm IPO is subscribed 1.10 by October 13, 2010.