September 15, 2023 - September 20, 2023

Cellecor Gadgets IPO Subscription Details

Cellecor Gadgets IPO Subscription Status Live

Cellecor Gadgets IPO subscribed 116.33 times. The public issue subscribed 124.08 times in the retail category, 57.58 times in QIB, and 176.54 times in the NII category by September 20, 2023 (Day 3).

Investor Category	Subscription (times)	Shares Offered	Shares Bid for	Total Amount (Rs Cr.)*
Qualified Institutions	57.58	1,048,800	6,03,92,400	555.61
Non-Institutional Buyers*	176.54	787,200	13,89,74,400	1,278.56
Retail Investors	124.08	1,834,800	22,76,64,000	2,094.51
Employees	[.]	0	0	0
Others	[.]	0	0	0
Total *	116.33	3,670,800	42,70,30,800	3,928.68

Total Application : 189,720 (124.08 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 276,000 equity shares not included.

Cellecor Gadgets IPO (Day-wise) Subscription Details (times)

Date	QIB	NII*	Retail	Total
Day 1 September 15, 2023	0.00	1.03	3.57	2.00
Day 2 September 18, 2023	0.10	12.28	31.50	18.41
Day 3 September 20, 2023	57.58	176.54	124.08	116.33

Cellecor Gadgets IPO Shares Offered

Cellecor Gadgets IPO is a public issue of 5,518,800 equity shares. The issue offers 1,834,800 shares to retail investors, 1,048,800 shares to qualified institutional buyers, and 787,200 shares to non-institutional investors.

Category	Shares Offered	Amount (Rs Cr)	Size (%)
Anchor Investor	1,572,000	14.46	28.48%
Market Maker	276,000	2.54	5.00%
QIB	1,048,800	9.65	19.00%
NII*	787,200	7.24	14.26%
Retail	1,834,800	16.88	33.25%
Total	5,518,800	50.77	100%

Cellecor Gadgets IPO Anchor Investor Allocation

A total of 1,572,000 shares at a price of Rs 92 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	418,800	92	26.64	38,529,600
2	Founders Collective Fund (Previously, Singularity Growth Opportunities Fund Ii)	415,200	92	26.41	38,198,400
3	Meru Investment Fund PCC-Cell 1	412,800	92	26.26	37,977,600
4	Ag Dynamic Funds Limited	325,200	92	20.69	29,918,400
		1,572,000		100	144,624,000

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?

Disclaimer: The above information / data is sourced from National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) websites and is subject to change in real time. For latest information / data, please refer to the respective websites. The information / data provided here in is for informational purposes only and is provided by Chittorgarh.com on "AS IS" and "AS AVAILABLE" basis and without warranty, express or implied. Chittorgarh.com does not warrant the accuracy, adequacy or completeness of the information you obtain through the above websites. Chittorgarh.com shall not be liable in any way for any discrepancies, errors, omissions, losses or damage. Chittorgarh.com, including its affiliates and its directors, staff and employees, shall not be liable for any loss, damage of any kind, including but not limited to direct, indirect, punitive, exemplary, consequential damages and lost profits arising in any way out of the use of information / data obtained through the said websites. The recipient alone is fully responsible / liable for any decision made based on this information / data. All recipients, before relying on the said information, should do their own research and seek appropriate professional advice.

Cellecor Gadgets IPO Subscription FAQs

The Cellecor Gadgets IPO is subscribed 116.33 by September 20, 2023.