October 6, 2017 - October 10, 2017

MAS Financial IPO Subscription Details

MAS Financial IPO Subscription Status Live

MAS Financial IPO subscribed 128.39 times. The public issue subscribed 15.97 times in the retail category, 148.33 times in QIB, and 378.53 times in the NII category by October 10, 2017 (Day 3).

Investor Category	Subscription (times)	Shares Offered	Shares Bid for	Total Amount (Rs Cr.)*
Qualified Institutions	148.33	1,987,028	29,47,37,952	13,528.47
Non-Institutional Buyers	378.53	1,490,270	56,41,17,088	25,892.97
Retail Investors	15.97	3,477,296	5,55,32,512	2,548.94
Employees	2.41	170,316	4,09,696	18.81
Others	[.]	0		0
Total	128.39	7,124,910	91,47,97,248	41,989.19

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

MAS Financial IPO (Day-wise) Subscription Details (times)

Date	QIB	NII	Retail	EMP	Total
Day 1 October 6, 2017	1.78	0.22	1.02	0.71	1.06
Day 2 October 9, 2017	5.74	0.47	6.29	1.84	4.81
Day 3 October 10, 2017	148.33	378.53	15.97	2.41	128.39

MAS Financial IPO Shares Offered

MAS Financial IPO is a public issue of 7,124,910 equity shares. The issue offers 3,477,296 shares to retail investors, 1,987,028 shares to qualified institutional buyers, and 1,490,270 shares to non-institutional investors.

Category	Shares Offered	Amount (Rs Cr)	Size (%)
QIB	1,987,028	91.20	27.89%
NII	1,490,270	68.40	20.92%
Retail	3,477,296	159.61	48.80%
Employee	170,316	7.82	2.39%
Total	7,124,910	327.03	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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MAS Financial IPO Subscription FAQs

The MAS Financial IPO is subscribed 128.39 by October 10, 2017.