June 19, 2024 - June 21, 2024

GEM Enviro IPO Subscription Details

GEM Enviro IPO Subscription Status Live

GEM Enviro IPO subscribed 265.13 times. The public issue subscribed 240.25 times in the retail category, 160.22 times in QIB, and 462.89 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	160.22	1,129,600	18,09,82,400	1,357.37
Non-Institutional Buyers*	462.89	848,000	39,25,31,200	2,943.98
Retail Investors	240.25	1,977,600	47,51,28,000	3,563.46
Employees	[.]	0	0	0
Others	[.]	0	0	0
Total *	265.13	3,955,200	1,04,86,41,600	7,864.81

Total Application : 317,929 (257.22 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 342,400 equity shares not included.

GEM Enviro IPO (Day-wise) Subscription Details (times)

Date	QIB	NII*	Retail	Total
Day 1 June 19, 2024	3.55	8.48	14.21	9.93
Day 2 June 20, 2024	3.60	22.45	47.29	29.48
Day 3 June 21, 2024	160.22	462.89	240.25	265.13

GEM Enviro IPO Shares Offered

GEM Enviro IPO is a public issue of 5,990,400 equity shares. The issue offers 1,977,600 shares to retail investors, 1,129,600 shares to qualified institutional buyers, and 848,000 shares to non-institutional investors.

Category	Shares Offered	Amount (Rs Cr)	Size (%)
Anchor Investor	1,692,800	12.70	28.26%
Market Maker	342,400	2.57	5.72%
QIB	1,129,600	8.47	18.86%
NII*	848,000	6.36	14.16%
Retail	1,977,600	14.83	33.01%
Total	5,990,400	44.93	100%

GEM Enviro IPO Anchor Investor Allocation

A total of 1,692,800 shares at a price of Rs 75 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	India Equity Fund 1	200,000	75	11.81	15,000,000
2	LRSD Securities Private Limited	356,800	75	21.08	26,760,000
3	Rajasthan Global Securities Pvt. Limited	356,800	75	21.08	26,760,000
4	Saint Capital Fund	200,000	75	11.81	15,000,000
5	KINGSMAN WEALTH FUND PCC KIF II	134,400	75	7.94	10,080,000
6	Strategic Sixth Sense Capital Fund	174,400	75	10.3	13,080,000
7	Imvesta Growth Scheme	136,000	75	8.03	10,200,000
8	Vedas Opportunities Fund	134,400	75	7.94	10,080,000
		1,692,800		100	126,960,000

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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GEM Enviro IPO Subscription FAQs

The GEM Enviro IPO is subscribed 265.13 by June 21, 2024.