November 10, 2022 - November 14, 2022

Kaynes Technology IPO Subscription Details

Kaynes Technology IPO Subscription Status Live

Kaynes Technology IPO subscribed 34.16 times. The public issue subscribed 4.10 times in the retail category, 98.47 times in QIB, and 21.21 times in the NII category by November 14, 2022 (Day 3).

Investor Category	Subscription (times)	Shares Offered	Shares Bid for	Total Amount (Rs Cr.)*
Qualified Institutions	98.47	2,923,888	28,79,18,550	16,900.82
Non-Institutional Buyers	21.21	2,255,858	4,78,38,650	2,808.13
bNII (bids above ₹10L)	23.07	1,503,905	3,47,01,125	2,036.96
sNII (bids below ₹10L)	17.47	751,953	1,31,37,525	771.17
Retail Investors	4.10	5,263,667	2,15,82,375	1,266.89
Employees	11.92	26,833	3,19,925	18.78
Others	[.]	0	0	0
Total	34.16	10,470,246	35,76,59,500	20,994.61

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

Kaynes Technology IPO (Day-wise) Subscription Details (times)

Date	QIB	NII	Retail	EMP	Total
Day 1 November 10, 2022	0.52	0.10	0.12	2.04	0.23
Day 2 November 11, 2022	2.45	0.77	0.47	3.22	1.10
Day 3 November 14, 2022	98.47	21.21	4.10	11.92	34.16

Kaynes Technology IPO Shares Offered

Kaynes Technology IPO is a public issue of 10,470,246 equity shares. The issue offers 5,263,667 shares to retail investors, 2,923,888 shares to qualified institutional buyers, and 2,255,858 shares to non-institutional investors.

Category	Shares Offered	Amount (Rs Cr)	Size (%)
QIB	2,923,888	171.63	27.93%
NII	2,255,858	132.42	21.55%
bNII (bids above ₹10L)	1,503,905	88.28	14.36%
sNII (bids below ₹10L)	751,953	44.14	7.18%
Retail	5,263,667	308.98	50.27%
Employee	26,833	1.58	0.26%
Total	10,470,246	614.60	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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Kaynes Technology IPO Subscription FAQs

The Kaynes Technology IPO is subscribed 34.16 by November 14, 2022.