December 2, 2020 - December 4, 2020

Burger King IPO Subscription Details

Burger King IPO Subscription Status Live

Burger King IPO subscribed 156.65 times. The public issue subscribed 68.15 times in the retail category, 86.64 times in QIB, and 354.11 times in the NII category by December 4, 2020 (Day 3).

Application Wise IPO Subscription (Retail): 2415797 times

Investor Category	Subscription (times)	Shares Offered	Shares Bid for	Total Amount (Rs Cr.)*
Qualified Institutions	86.64	40,423,729	3,50,24,25,750	21,014.55
Non-Institutional Buyers	354.11	20,440,677	7,23,82,77,000	43,429.66
Retail Investors	68.15	13,627,118	92,86,70,750	5,572.02
Employees	[.]	0	0	0
Others	[.]	0	0	0
Total	156.65	74,491,524	11,66,93,73,500	70,016.24

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

Burger King IPO (Day-wise) Subscription Details (times)

Date	QIB	NII	Retail	Total
Day 1 December 2, 2020	0.17	0.71	15.54	3.13
Day 2 December 3, 2020	2.70	3.61	37.84	9.38
Day 3 December 4, 2020	86.64	354.11	68.15	156.65

Burger King IPO Shares Offered

Burger King IPO is a public issue of 74,491,524 equity shares. The issue offers 13,627,118 shares to retail investors, 40,423,729 shares to qualified institutional buyers, and 20,440,677 shares to non-institutional investors.

Category	Shares Offered	Amount (Rs Cr)	Size (%)
QIB	40,423,729	242.54	54.27%
NII	20,440,677	122.64	27.44%
Retail	13,627,118	81.76	18.29%
Total	74,491,524	446.95	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?

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Burger King IPO Subscription FAQs

The Burger King IPO is subscribed 156.65 by December 4, 2020.