June 14, 2024 - June 19, 2024

GPES Solar IPO Subscription Details

GPES Solar IPO Subscription Status Live

GPES Solar IPO subscribed 856.21 times. The public issue subscribed 793.20 times in the retail category, 236.64 times in QIB, and 1,824.87 times in the NII category by June 19, 2024 (Day 3).

Investor Category	Subscription (times)	Shares Offered	Shares Bid for	Total Amount (Rs Cr.)*
Qualified Institutions	236.64	589,200	13,94,25,600	1,310.60
Non-Institutional Buyers*	1,824.87	444,000	81,02,41,200	7,616.27
Retail Investors	793.20	1,032,000	81,85,81,200	7,694.66
Employees	[.]	0	0	0
Others	[.]	0	0	0
Total *	856.21	2,065,200	1,76,82,48,000	16,621.53

Total Application : 682,151 (793.20 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 327,600 equity shares not included.

GPES Solar IPO (Day-wise) Subscription Details (times)

Date	QIB	NII*	Retail	Total
Day 1 June 14, 2024	2.95	76.14	89.46	61.92
Day 2 June 18, 2024	9.48	392.32	365.30	269.59
Day 3 June 19, 2024	236.64	1,824.87	793.20	856.21

GPES Solar IPO Shares Offered

GPES Solar IPO is a public issue of 3,276,000 equity shares. The issue offers 1,032,000 shares to retail investors, 589,200 shares to qualified institutional buyers, and 444,000 shares to non-institutional investors.

Category	Shares Offered	Amount (Rs Cr)	Size (%)
Anchor Investor	883,200	8.30	26.96%
Market Maker	327,600	3.08	10.00%
QIB	589,200	5.54	17.99%
NII*	444,000	4.17	13.55%
Retail	1,032,000	9.70	31.50%
Total	3,276,000	30.79	100%

GPES Solar IPO Anchor Investor Allocation

A total of 883,200 shares at a price of Rs 94 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	Persistent Growth Fund- Varsu India Growth Story Scheme 1	213,600	94	24.18	20,078,400
2	FINAVENUE CAPITAL TRUST FINAVENUE GROWTH FUND	106,800	94	12.09	10,039,200
3	Vikasa India EIF I Fund- Incube Global Opportunities	106,800	94	12.09	10,039,200
4	Acintyo Investment Fund PCC - CELL 1	106,800	94	12.09	10,039,200
5	CCV Emerging Opportunities Fund-I	349,200	94	39.54	32,824,800
		883,200		100	83,020,800

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.

GPES Solar IPO Subscription FAQs

The GPES Solar IPO is subscribed 856.21 by June 19, 2024.