May 16, 2023 - May 19, 2023

Krishca Strapping Solutions IPO Subscription Details

Krishca Strapping Solutions IPO Subscription Status Live

Krishca Strapping Solutions IPO subscribed 336.57 times. The public issue subscribed 572.83 times in the retail category, 36.10 times in QIB, and 786.89 times in the NII category by May 19, 2023 (Day 4).

Investor Category	Subscription (times)	Shares Offered	Shares Bid for	Total Amount (Rs Cr.)*
Qualified Institutions	36.10	1,208,000	4,36,04,000	235.46
Non-Institutional Buyers	786.89	362,400	28,51,68,000	1,539.91
Retail Investors	572.83	845,600	48,43,88,000	2,615.70
Employees	[.]	0	0	0
Others	[.]	0	0	0
Total	336.57	2,416,000	81,31,60,000	4,391.06

Total Application : 242,194 (572.56 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 300,000 equity shares not included.

Krishca Strapping Solutions IPO (Day-wise) Subscription Details (times)

Date	QIB	NII	Retail	Total
Day 1 May 16, 2023	1.75	25.86	44.63	20.38
Day 2 May 17, 2023	1.89	63.91	136.22	58.21
Day 3 May 18, 2023	4.82	150.47	291.94	127.16
Day 4 May 19, 2023	36.10	786.89	572.83	336.57

Krishca Strapping Solutions IPO Shares Offered

Krishca Strapping Solutions IPO is a public issue of 3,620,000 equity shares. The issue offers 845,600 shares to retail investors, 1,208,000 shares to qualified institutional buyers, and 362,400 shares to non-institutional investors.

Category	Shares Offered	Amount (Rs Cr)	Size (%)
Anchor Investor	904,000	4.88	24.97%
Market Maker	300,000	1.62	8.29%
QIB	1,208,000	6.52	33.37%
NII	362,400	1.96	10.01%
Retail	845,600	4.57	23.36%
Total	3,620,000	19.55	100%

Krishca Strapping Solutions IPO Anchor Investor Allocation

A total of 904,000 shares at a price of Rs 54 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	Rajasthan Global Securities Pvt. Limited	718,000	54	79.42	38,772,000
2	Saint Capital Fund	186,000	54	20.58	10,044,000
		904,000		100	48,816,000

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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Krishca Strapping Solutions IPO Subscription FAQs

The Krishca Strapping Solutions IPO is subscribed 336.57 by May 19, 2023.