September 29, 2020 - October 1, 2020

Mazagon Dock IPO Subscription Details

Mazagon Dock IPO Subscription Status Live

Mazagon Dock IPO subscribed 157.41 times. The public issue subscribed 35.63 times in the retail category, 89.71 times in QIB, and 678.88 times in the NII category by October 1, 2020 (Day 3).

Application Wise IPO Subscription (Retail): 2631972 times

Investor Category	Subscription (times)	Shares Offered	Shares Bid for	Total Amount (Rs Cr.)*
Qualified Institutions	89.71	15,126,750	1,35,70,40,759	19,677.09
Non-Institutional Buyers	678.88	4,538,025	3,08,07,65,638	44,671.10
Retail Investors	35.63	10,588,725	37,73,13,308	5,471.04
Employees	3.88	345,517	13,39,412	19.42
Others	[.]	0	0	0
Total	157.41	30,599,017	4,81,64,59,117	69,838.66

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

Mazagon Dock IPO (Day-wise) Subscription Details (times)

Date	QIB	NII	Retail	EMP	Total
Day 1 September 29, 2020	0.00	0.24	2.77	0.13	1.00
Day 2 September 30, 2020	2.83	4.96	15.53	1.04	7.52
Day 3 October 1, 2020	89.71	678.88	35.63	3.88	157.41

Mazagon Dock IPO Shares Offered

Mazagon Dock IPO is a public issue of 30,599,017 equity shares. The issue offers 10,588,725 shares to retail investors, 15,126,750 shares to qualified institutional buyers, and 4,538,025 shares to non-institutional investors.

Category	Shares Offered	Amount (Rs Cr)	Size (%)
QIB	15,126,750	219.34	49.44%
NII	4,538,025	65.80	14.83%
Retail	10,588,725	153.54	34.60%
Employee	345,517	5.01	1.13%
Total	30,599,017	443.69	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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Mazagon Dock IPO Subscription FAQs

The Mazagon Dock IPO is subscribed 157.41 by October 1, 2020.