January 19, 2024 - January 24, 2024

Konstelec Engineers IPO Subscription Details

Konstelec Engineers IPO Subscription Status Live

Konstelec Engineers IPO subscribed 341.80 times. The public issue subscribed 437.67 times in the retail category, 113.80 times in QIB, and 421.36 times in the NII category by January 24, 2024 (Day 3).

Investor Category	Subscription (times)	Shares Offered	Shares Bid for	Total Amount (Rs Cr.)*
Qualified Institutions	113.80	778,000	8,85,36,000	619.75
Non-Institutional Buyers*	421.36	586,000	24,69,18,000	1,728.43
Retail Investors	437.67	1,364,000	59,69,76,000	4,178.83
Employees	[.]	0	0	0
Others	[.]	0	0	0
Total *	341.80	2,728,000	93,24,30,000	6,527.01

Total Application : 298,488 (437.67 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 206,000 equity shares not included.

Konstelec Engineers IPO (Day-wise) Subscription Details (times)

Date	QIB	NII*	Retail	Total
Day 1 January 19, 2024	7.09	19.77	40.02	26.28
Day 2 January 23, 2024	12.80	116.81	234.58	146.03
Day 3 January 24, 2024	113.80	421.36	437.67	341.80

Konstelec Engineers IPO Shares Offered

Konstelec Engineers IPO is a public issue of 4,100,000 equity shares. The issue offers 1,364,000 shares to retail investors, 778,000 shares to qualified institutional buyers, and 586,000 shares to non-institutional investors.

Category	Shares Offered	Amount (Rs Cr)	Size (%)
Anchor Investor	1,166,000	8.16	28.44%
Market Maker	206,000	1.44	5.02%
QIB	778,000	5.45	18.98%
NII*	586,000	4.10	14.29%
Retail	1,364,000	9.55	33.27%
Total	4,100,000	28.70	100%

Konstelec Engineers IPO Anchor Investor Allocation

A total of 1,166,000 shares at a price of Rs 70 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	FINAVENUE CAPITAL TRUST FINAVENUE GROWTH FUND	286,000	70	24.53	20,020,000
2	India Max Investment Fund Limited	160,000	70	13.72	11,200,000
3	Moneywise Financial Services Pvt. Ltd.	144,000	70	12.35	10,080,000
4	Rajasthan Global Securities Pvt. Limited	144,000	70	12.35	10,080,000
5	Nexus Global Opportunities Fund	144,000	70	12.35	10,080,000
6	Minerva Emerging Opportunities Fund Ltd	144,000	70	12.35	10,080,000
7	Persistent Growth Fund- Varsu India Growth Story Scheme 1	144,000	70	12.35	10,080,000
		1,166,000		100	81,620,000

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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Konstelec Engineers IPO Subscription FAQs

The Konstelec Engineers IPO is subscribed 341.80 by January 24, 2024.