October 16, 2024 - October 18, 2024

Lakshya Powertech IPO Subscription Details

Lakshya Powertech IPO Shares Offered

Lakshya Powertech IPO is a public issue of 2,780,800 equity shares. The issue offers 896,000 shares to retail investors, 524,800 shares to qualified institutional buyers, and 396,000 shares to non-institutional investors.

Category	Shares Offered	Amount (Rs Cr)	Size (%)
Anchor Investor	744,000	13.39	26.75%
Market Maker	148,000	2.66	5.32%
QIB	524,800	9.45	18.87%
NII*	396,000	7.13	14.24%
Retail	896,000	16.13	32.22%
Total	2,780,800	50.05	100%

Lakshya Powertech IPO Anchor Investor Allocation

A total of 7,44,000 shares at a price of Rs 0 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	Paradise Moon Investment Fund I	56,000	180	7.53	1,00,80,000
2	Coeus Global Opportunities Fund	56,000	180	7.53	1,00,80,000
3	Rajasthan Global Securities Pvt. Limited	56,000	180	7.53	1,00,80,000
4	Knightstone Capital LLP	56,000	180	7.53	1,00,80,000
5	HDFC Bank Limited	81,600	180	10.97	1,46,88,000
6	Vikasa India EIF I Fund	56,000	180	7.53	1,00,80,000
7	Finavenue Growth Fund	56,000	180	7.53	1,00,80,000
8	Al Maha Investment Fund PCC - Onyx Strategy	1,58,400	180	21.29	2,85,12,000
9	Saint Capital Fund	56,000	180	7.53	1,00,80,000
10	Abundantia Capital VCC	56,000	180	7.53	1,00,80,000
11	Veloce Opportunities Fund	56,000	180	7.53	1,00,80,000
		7,44,000		100	13,39,20,000

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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Lakshya Powertech IPO Subscription FAQs

The Lakshya Powertech IPO is subscribed 28.84 by October 16, 2024.