August 4, 2021 - August 6, 2021

Exxaro Tiles IPO Subscription Details

Exxaro Tiles IPO Subscription Status Live

Exxaro Tiles IPO subscribed 22.65 times. The public issue subscribed 40.05 times in the retail category, 17.67 times in QIB, and 5.36 times in the NII category by August 6, 2021 (Day 3).

Application Wise IPO Subscription (Retail): 34.48 times

Investor Category	Subscription (times)	Shares Offered	Shares Bid for	Total Amount (Rs Cr.)*
Qualified Institutions	17.67	1,315,550	2,32,50,500	279.01
Non-Institutional Buyers	5.36	4,604,425	2,46,87,750	296.25
Retail Investors	40.05	5,262,200	21,07,39,875	2,528.88
Employees	2.53	268,500	6,78,250	8.14
Others	[.]	0	0	0
Total	22.65	11,450,675	25,93,56,375	3,112.28

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

Exxaro Tiles IPO (Day-wise) Subscription Details (times)

Date	QIB	NII	Retail	EMP	Total
Day 1 August 4, 2021	1.11	0.65	9.29	0.74	4.67
Day 2 August 5, 2021	1.66	0.97	21.29	1.56	10.40
Day 3 August 6, 2021	17.67	5.36	40.05	2.53	22.65

Exxaro Tiles IPO Shares Offered

Exxaro Tiles IPO is a public issue of 11,450,675 equity shares. The issue offers 5,262,200 shares to retail investors, 1,315,550 shares to qualified institutional buyers, and 4,604,425 shares to non-institutional investors.

Category	Shares Offered	Amount (Rs Cr)	Size (%)
QIB	1,315,550	15.79	11.49%
NII	4,604,425	55.25	40.21%
Retail	5,262,200	63.15	45.96%
Employee	268,500	3.22	2.34%
Total	11,450,675	137.41	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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Exxaro Tiles IPO Subscription FAQs

The Exxaro Tiles IPO is subscribed 22.65 by August 6, 2021.