March 26, 2018 - March 28, 2018

Lemon Tree Hotels IPO Subscription Details

Lemon Tree Hotels IPO Subscription Status Live

Lemon Tree Hotels IPO subscribed 1.19 times. The public issue subscribed 0.12 times in the retail category, 3.88 times in QIB, and 0.12 times in the NII category by March 28, 2018 (Day 3).

Investor Category	Subscription (times)	Shares Offered
Qualified Institutions	3.88	37,095,880
Non-Institutional Buyers	0.12	27,821,910
Retail Investors	0.12	64,917,790
Employees	[.]	0
Others	[.]	0
Total	1.19	129,835,580

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

Lemon Tree Hotels IPO (Day-wise) Subscription Details (times)

Date	QIB	NII	Retail	Total
Day 1 March 26, 2018	0.82	0.03	0.02	0.25
Day 2 March 27, 2018	1.43	0.05	0.04	0.44
Day 3 March 28, 2018	3.88	0.12	0.12	1.19

Lemon Tree Hotels IPO Shares Offered

Lemon Tree Hotels IPO is a public issue of 129,835,580 equity shares. The issue offers 64,917,790 shares to retail investors, 37,095,880 shares to qualified institutional buyers, and 27,821,910 shares to non-institutional investors.

Category	Shares Offered	Amount (Rs Cr)	Size (%)
QIB	37,095,880	207.74	28.57%
NII	27,821,910	155.80	21.43%
Retail	64,917,790	363.54	50.00%
Total	129,835,580	727.08	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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Lemon Tree Hotels IPO Subscription FAQs

The Lemon Tree Hotels IPO is subscribed 1.19 by March 28, 2018.