April 23, 2024 - April 25, 2024

Emmforce Autotech IPO Subscription Details

Emmforce Autotech IPO Subscription Status Live

Emmforce Autotech IPO subscribed 364.37 times. The public issue subscribed 267.62 times in the retail category, 160.58 times in QIB, and 861.98 times in the NII category by April 25, 2024 (Day 3).

Investor Category	Subscription (times)	Shares Offered	Shares Bid for	Total Amount (Rs Cr.)*
Qualified Institutions	160.58	1,045,200	16,78,38,000	1,644.81
Non-Institutional Buyers*	861.98	783,600	67,54,48,800	6,619.40
Retail Investors	267.62	1,828,800	48,94,23,600	4,796.35
Employees	[.]	0	0	0
Others	[.]	0	0	0
Total *	364.37	3,657,600	1,33,27,10,400	13,060.56

Total Application : 479,142 (314.40 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.

Emmforce Autotech IPO (Day-wise) Subscription Details (times)

Date	QIB	NII*	Retail	Total
Day 1 April 23, 2024	1.03	31.60	29.34	21.73
Day 2 April 24, 2024	10.57	117.14	92.57	74.40
Day 3 April 25, 2024	160.58	861.98	267.62	364.37

Emmforce Autotech IPO Shares Offered

Emmforce Autotech IPO is a public issue of 5,499,600 equity shares. The issue offers 1,828,800 shares to retail investors, 1,045,200 shares to qualified institutional buyers, and 783,600 shares to non-institutional investors.

Category	Shares Offered	Amount (Rs Cr)	Size (%)
Anchor Investor	1,566,000	15.35	28.47%
Market Maker	276,000	2.70	5.02%
QIB	1,045,200	10.24	19.01%
NII*	783,600	7.68	14.25%
Retail	1,828,800	17.92	33.25%
Total	5,499,600	53.90	100%

Emmforce Autotech IPO Anchor Investor Allocation

A total of 1,566,000 shares at a price of Rs 98 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	BofA Securities Europe SA - ODI	307,200	98	19.62	30,105,600
2	Astrone capital VCC - Arven	231,600	98	14.79	22,696,800
3	Nav Capital Vcc- Nav Capital Emerging Star Fund	205,200	98	13.1	20,109,600
4	Negen Undiscovered Value Fund	205,200	98	13.1	20,109,600
5	Persistent Growth Fund- Varsu India Growth Story Scheme 1	153,600	98	9.81	15,052,800
6	Craft Emerging Market Fund - Citadel Capital Fund	153,600	98	9.81	15,052,800
7	Moneywise Financial Services Pvt. Ltd.	103,200	98	6.59	10,113,600
8	LC RADIANCE FUND VCC	103,200	98	6.59	10,113,600
9	Galaxy Noble Global Opportunities Fund PCC-GNGOF 1	103,200	98	6.59	10,113,600
		1,566,000		100	153,468,000

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.

Emmforce Autotech IPO Subscription FAQs

The Emmforce Autotech IPO is subscribed 364.37 by April 25, 2024.