December 14, 2023 - December 18, 2023

Inox CVA IPO Subscription Details

Inox CVA IPO Subscription Status Live

Inox CVA IPO subscribed 61.28 times. The public issue subscribed 15.30 times in the retail category, 147.80 times in QIB, and 53.20 times in the NII category by December 18, 2023 (Day 3).

Investor Category	Subscription (times)	Shares Offered	Shares Bid for	Total Amount (Rs Cr.)*
Qualified Institutions	147.80	4,422,191	65,36,16,260	43,138.67
Non-Institutional Buyers	53.20	3,316,644	17,64,53,002	11,645.90
bNII (bids above ₹10L)	56.55	2,211,096	12,50,28,200	8,251.86
sNII (bids below ₹10L)	46.52	1,105,548	5,14,24,802	3,394.04
Retail Investors	15.30	7,738,835	11,83,66,050	7,812.16
Employees	[.]	0	0	0
Others	[.]	0	0	0
Total	61.28	15,477,670	94,84,35,312	62,596.73

Total Application : 4,376,302 (12.44 times)

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

Inox CVA IPO (Day-wise) Subscription Details (times)

Date	QIB	NII	Retail	Total
Day 1 December 14, 2023	0.04	4.60	3.72	2.86
Day 2 December 15, 2023	0.17	13.75	8.22	7.11
Day 3 December 18, 2023	147.80	53.20	15.30	61.28

Inox CVA IPO Shares Offered

Inox CVA IPO is a public issue of 22,110,955 equity shares. The issue offers 7,738,835 shares to retail investors, 4,422,191 shares to qualified institutional buyers, and 3,316,644 shares to non-institutional investors.

Category	Shares Offered	Amount (Rs Cr)	Size (%)
Anchor Investor	6,633,285	437.80	30.00%
QIB	4,422,191	291.86	20.00%
NII	3,316,644	218.90	15.00%
bNII (bids above ₹10L)	2,211,096	145.93	10.00%
sNII (bids below ₹10L)	1,105,548	72.97	5.00%
Retail	7,738,835	510.76	35.00%
Total	22,110,955	1,459.32	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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Inox CVA IPO Subscription FAQs

The Inox CVA IPO is subscribed 61.28 by December 18, 2023.