October 22, 2024 - October 24, 2024

Danish Power IPO Subscription Details

Danish Power IPO Subscription Status Live

Danish Power IPO subscribed 126.65 times. The public issue subscribed 79.88 times in the retail category, 104.79 times in QIB, and 275.92 times in the NII category by October 24, 2024 (Day 3).

Investor Category	Subscription (times)	Shares Offered	Shares Bid for	Total Amount (Rs Cr.)*
Qualified Institutions	104.79	976,500	10,23,32,100	3,888.62
Non-Institutional Buyers*	275.92	732,900	20,22,20,100	7,684.36
Retail Investors	79.88	1,709,400	13,65,50,400	5,188.92
Employees	[.]	0	0	0
Others	[.]	0	0	0
Total *	126.65	3,483,300	44,11,45,800	16,763.54

Total Application : 455,168 (79.88 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 260,700 equity shares not included.

Danish Power IPO (Day-wise) Subscription Details (times)

Date	QIB	NII*	Retail	Total
Day 1 October 22, 2024	3.67	3.62	4.88	4.19
Day 2 October 23, 2024	7.51	25.43	28.27	21.34
Day 3 October 24, 2024	104.79	275.92	79.88	126.65

Danish Power IPO Shares Offered

Danish Power IPO is a public issue of 5,208,000 equity shares. The issue offers 1,709,400 shares to retail investors, 976,500 shares to qualified institutional buyers, and 732,900 shares to non-institutional investors.

Category	Shares Offered	Amount (Rs Cr)	Size (%)
Anchor Investor	1,464,000	55.63	28.11%
Market Maker	260,700	9.91	5.01%
QIB	976,500	37.11	18.75%
NII*	732,900	27.85	14.07%
Retail	1,709,400	64.96	32.82%
Total	5,208,000	197.90	100%

Danish Power IPO Anchor Investor Allocation

A total of 14,64,000 shares at a price of Rs 0 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	Bharat Ventures Opportunities Fund	1,31,700	380	9	5,00,46,000
2	Carnelian Structural Shift Fund	2,63,400	380	17.99	10,00,92,000
3	Chhattisgarh Investments Limited	26,400	380	1.8	1,00,32,000
4	Finavenue Growth Fund	52,800	380	3.61	2,00,64,000
5	Lotus Value Fund	26,400	380	1.8	1,00,32,000
6	Invicto Multiplier Fund	1,31,700	380	9	5,00,46,000
7	JM Financials Products Limited	52,800	380	3.61	2,00,64,000
8	M7 Global Fund PCC	26,700	380	1.82	1,01,46,000
9	Meru Investment Fund PCC	1,31,700	380	9	5,00,46,000
10	Mint Focused Growth Fund PCC	1,31,700	380	9	5,00,46,000
11	Nav Capital VCC	26,400	380	1.8	1,00,32,000
12	Rajasthan Global Securities Pvt. Limited	26,400	380	1.8	1,00,32,000
13	Religo Commodities Venture Trust	39,600	380	2.7	1,50,48,000
14	Shinestar Built Cap Pvt Limited	26,400	380	1.8	1,00,32,000
15	Tattvam AIF Trust	26,700	380	1.82	1,01,46,000
16	VIJIT GROWTH FUND	26,700	380	1.82	1,01,46,000
17	Visionary Value Fund	26,700	380	1.82	1,01,46,000
18	ValueQuest India Investment Trust	2,63,400	380	17.99	10,00,92,000
19	Niveshaay HedgeHogs Fund	26,400	380	1.8	1,00,32,000
		14,64,000		100	55,63,20,000

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?

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Danish Power IPO Subscription FAQs

The Danish Power IPO is subscribed 126.65 by October 24, 2024.