June 19, 2024 - June 21, 2024

DEE Piping Systems IPO Subscription Details

DEE Piping Systems IPO Subscription Status Live

DEE Piping Systems IPO subscribed 103.03 times. The public issue subscribed 23.66 times in the retail category, 206.54 times in QIB, and 149.38 times in the NII category by June 21, 2024 (Day 3).

Investor Category	Subscription (times)	Shares Offered	Shares Bid for	Total Amount (Rs Cr.)*
Qualified Institutions	206.54	4,108,518	84,85,63,972	17,225.85
Non-Institutional Buyers	149.38	3,081,389	46,03,08,581	9,344.26
bNII (bids above ₹10L)	165.71	2,054,260	34,04,15,425	6,910.43
sNII (bids below ₹10L)	116.73	1,027,129	11,98,93,156	2,433.83
Retail Investors	23.66	7,189,907	17,01,16,134	3,453.36
Employees	[.]	0	0	0
Others	[.]	0	0	0
Total	103.03	14,379,814	1,48,14,80,542	30,074.06

Total Application : 2,104,858 (21.37 times)

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

DEE Piping Systems IPO (Day-wise) Subscription Details (times)

Date	QIB	NII	Retail	Total
Day 1 June 19, 2024	0.03	5.54	2.87	2.66
Day 2 June 20, 2024	0.16	22.67	8.90	9.43
Day 3 June 21, 2024	206.54	149.38	23.66	103.03

DEE Piping Systems IPO Shares Offered

DEE Piping Systems IPO is a public issue of 20,542,591 equity shares. The issue offers 7,189,907 shares to retail investors, 4,108,518 shares to qualified institutional buyers, and 3,081,389 shares to non-institutional investors.

Category	Shares Offered	Amount (Rs Cr)	Size (%)
Anchor Investor	6,162,777	125.10	30.00%
QIB	4,108,518	83.40	20.00%
NII	3,081,389	62.55	15.00%
bNII (bids above ₹10L)	2,054,260	41.70	10.00%
sNII (bids below ₹10L)	1,027,129	20.85	5.00%
Retail	7,189,907	145.96	35.00%
Total	20,542,591	417.01	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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DEE Piping Systems IPO Subscription FAQs

The DEE Piping Systems IPO is subscribed 103.03 by June 21, 2024.