October 18, 2023 - October 20, 2023

IRM Energy IPO Subscription Details

IRM Energy IPO Subscription Status Live

IRM Energy IPO subscribed 27.05 times. The public issue subscribed 9.29 times in the retail category, 44.73 times in QIB, and 48.34 times in the NII category by October 20, 2023 (Day 3).

Investor Category	Subscription (times)	Shares Offered	Shares Bid for	Total Amount (Rs Cr.)*
Qualified Institutions	44.73	2,116,800	9,46,76,126	4,781.14
Non-Institutional Buyers	48.34	1,587,600	7,67,51,168	3,875.93
bNII (bids above ₹10L)	52.29	1,058,400	5,53,38,757	2,794.61
sNII (bids below ₹10L)	40.46	529,200	2,14,12,411	1,081.33
Retail Investors	9.29	3,704,400	3,44,01,772	1,737.29
Employees	2.05	216,000	4,41,844	22.31
Others	[.]	0	0	0
Total	27.05	7,624,800	20,62,70,910	10,416.68

Total Application : 1,071,966 (8.39 times)

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

IRM Energy IPO (Day-wise) Subscription Details (times)

Date	QIB	NII	Retail	EMP	Total
Day 1 October 18, 2023	1.07	2.61	1.82	0.38	1.74
Day 2 October 19, 2023	1.18	9.12	4.41	0.95	4.40
Day 3 October 20, 2023	44.73	48.34	9.29	2.05	27.05

IRM Energy IPO Shares Offered

IRM Energy IPO is a public issue of 10,800,000 equity shares. The issue offers 3,704,400 shares to retail investors, 2,116,800 shares to qualified institutional buyers, and 1,587,600 shares to non-institutional investors.

Category	Shares Offered	Amount (Rs Cr)	Size (%)
Anchor Investor	3,175,200	160.35	29.40%
QIB	2,116,800	106.90	19.60%
NII	1,587,600	80.17	14.70%
bNII (bids above ₹10L)	1,058,400	53.45	9.80%
sNII (bids below ₹10L)	529,200	26.72	4.90%
Retail	3,704,400	187.07	34.30%
Employee	216,000	10.91	2.00%
Total	10,800,000	545.40	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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IRM Energy IPO Subscription FAQs

The IRM Energy IPO is subscribed 27.05 by October 20, 2023.