August 26, 2024 - August 29, 2024

Indian Phosphate IPO Subscription Details

Indian Phosphate IPO Subscription Status Live

Indian Phosphate IPO subscribed 267.89 times. The public issue subscribed 243.02 times in the retail category, 181.58 times in QIB, and 441.01 times in the NII category by August 29, 2024 (Day 4).

Investor Category	Subscription (times)	Shares Offered	Shares Bid for	Total Amount (Rs Cr.)*
Qualified Institutions	181.58	1,286,400	23,35,89,600	2,312.54
Non-Institutional Buyers*	441.01	964,800	42,54,86,400	4,212.32
Retail Investors	243.02	2,251,200	54,70,89,600	5,416.19
Employees	[.]	0	0	0
Others	[.]	0	0	0
Total *	267.89	4,502,400	1,20,61,65,600	11,941.04

Total Application : 455,908 (243.02 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 373,200 equity shares not included.

Indian Phosphate IPO (Day-wise) Subscription Details (times)

Date	QIB	NII*	Retail	Total
Day 1 August 26, 2024	0.39	8.50	20.33	12.10
Day 2 August 27, 2024	3.63	26.50	62.06	37.75
Day 3 August 28, 2024	8.90	61.84	132.55	82.07
Day 4 August 29, 2024	181.58	441.01	243.02	267.89

Indian Phosphate IPO Shares Offered

Indian Phosphate IPO is a public issue of 6,804,000 equity shares. The issue offers 2,251,200 shares to retail investors, 1,286,400 shares to qualified institutional buyers, and 964,800 shares to non-institutional investors.

Category	Shares Offered	Amount (Rs Cr)	Size (%)
Anchor Investor	1,928,400	19.09	28.34%
Market Maker	373,200	3.69	5.49%
QIB	1,286,400	12.74	18.91%
NII*	964,800	9.55	14.18%
Retail	2,251,200	22.29	33.09%
Total	6,804,000	67.36	100%

Indian Phosphate IPO Anchor Investor Allocation

A total of 1,928,400 shares at a price of Rs 99 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	Nav Capital VCC	253,200	99	13.13	25,066,800
2	Craft Emerging Market Fund PCC	250,800	99	13.01	24,829,200
3	BofA Securities Europe SA	202,800	99	10.52	20,077,200
4	Shinestar Built Cap Pvt Limited	202,800	99	10.52	20,077,200
5	M7 Global Fund PCC	152,400	99	7.9	15,087,600
6	VPK Global Ventures Fund	152,400	99	7.9	15,087,600
7	North Star Opportunities Fund VCC	102,000	99	5.29	10,098,000
8	Galaxy Noble Global Opportunities Fund PCC	102,000	99	5.29	10,098,000
9	Zeta Global Fund	102,000	99	5.29	10,098,000
10	Stern Global Fund VCC	102,000	99	5.29	10,098,000
11	Saint Capital Fund	102,000	99	5.29	10,098,000
12	Kingsman Wealth Fund PCC	102,000	99	5.29	10,098,000
13	Craft Emerging Market Fund PCC	102,000	99	5.29	10,098,000
		1,928,400		100	190,911,600

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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Indian Phosphate IPO Subscription FAQs

The Indian Phosphate IPO is subscribed 267.89 by August 29, 2024.