August 1, 2017 - August 3, 2017

Cochin Shipyard IPO Subscription Details

Cochin Shipyard IPO Subscription Status Live

Cochin Shipyard IPO subscribed 76.19 times. The public issue subscribed 8.51 times in the retail category, 63.51 times in QIB, and 288.87 times in the NII category by August 3, 2017 (Day 3).

Investor Category	Subscription (times)	Shares Offered	Shares Bid for	Total Amount (Rs Cr.)*
Qualified Institutions	63.51	16,580,000	1,05,31,02,210	45,494.02
Non-Institutional Buyers	288.87	4,974,000	1,43,68,47,000	62,071.79
Retail Investors	8.51	11,606,000	9,87,37,050	4,265.44
Employees	0.48	824,000	3,93,210	16.99
Others	[.]	0		0
Total	76.19	33,984,000	2,58,90,79,470	1,11,848.23

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

Cochin Shipyard IPO (Day-wise) Subscription Details (times)

Date	QIB	NII	Retail	EMP	Total
Day 1 August 1, 2017	0.72	0.22	1.57	0.12	0.92
Day 2 August 2, 2017	3.41	0.82	4.00	0.29	3.16
Day 3 August 3, 2017	63.51	288.87	8.51	0.48	76.19

Cochin Shipyard IPO Shares Offered

Cochin Shipyard IPO is a public issue of 33,984,000 equity shares. The issue offers 11,606,000 shares to retail investors, 16,580,000 shares to qualified institutional buyers, and 4,974,000 shares to non-institutional investors.

Category	Shares Offered	Amount (Rs Cr)	Size (%)
QIB	16,580,000	716.26	48.79%
NII	4,974,000	214.88	14.64%
Retail	11,606,000	501.38	34.15%
Employee	824,000	35.60	2.42%
Total	33,984,000	1,468.11	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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Cochin Shipyard IPO Subscription FAQs

The Cochin Shipyard IPO is subscribed 76.19 by August 3, 2017.