January 15, 2024 - January 17, 2024

Maxposure IPO Subscription Details

Maxposure IPO Subscription Status Live

Maxposure IPO subscribed 987.47 times. The public issue subscribed 1,034.23 times in the retail category, 162.35 times in QIB, and 1,947.55 times in the NII category by January 17, 2024 (Day 3).

Investor Category	Subscription (times)	Shares Offered	Shares Bid for	Total Amount (Rs Cr.)*
Qualified Institutions	162.35	1,140,000	18,50,76,000	610.75
Non-Institutional Buyers*	1,947.55	880,000	1,71,38,44,000	5,655.69
Retail Investors	1,034.23	2,048,000	2,11,81,12,000	6,989.77
Employees	[.]	0	0	0
Others	[.]	0	0	0
Total *	987.47	4,068,000	4,01,70,32,000	13,256.21

Total Application : 529,528 (1,034.23 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 372,000 equity shares not included.

Maxposure IPO (Day-wise) Subscription Details (times)

Date	QIB	NII*	Retail	Total
Day 1 January 15, 2024	3.54	68.45	112.78	72.58
Day 2 January 16, 2024	6.79	176.69	298.55	190.43
Day 3 January 17, 2024	162.35	1,947.55	1,034.23	987.47

Maxposure IPO Shares Offered

Maxposure IPO is a public issue of 6,140,000 equity shares. The issue offers 2,048,000 shares to retail investors, 1,140,000 shares to qualified institutional buyers, and 880,000 shares to non-institutional investors.

Category	Shares Offered	Amount (Rs Cr)	Size (%)
Anchor Investor	1,700,000	5.61	27.69%
Market Maker	372,000	1.23	6.06%
QIB	1,140,000	3.76	18.57%
NII*	880,000	2.90	14.33%
Retail	2,048,000	6.76	33.36%
Total	6,140,000	20.26	100%

Maxposure IPO Anchor Investor Allocation

A total of 1,700,000 shares at a price of Rs 33 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	Tano Investment Opportunities Fund	304,000	33	17.88	10,032,000
2	Minerva Emerging Opportunities Fund Ltd	304,000	33	17.88	10,032,000
3	India-Ahead Venture Fund	788,000	33	46.35	26,004,000
4	Eminence Global Fund Pcc - Eubilia Capital Partners Fund I	304,000	33	17.88	10,032,000
		1,700,000		100	56,100,000

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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Maxposure IPO Subscription FAQs

The Maxposure IPO is subscribed 987.47 by January 17, 2024.