March 31, 2023 - April 6, 2023

MOS Utility IPO Subscription Details

MOS Utility IPO Subscription Status Live

MOS Utility IPO subscribed 21.14 times. The public issue subscribed 11.98 times in the retail category, 11.67 times in QIB, and 57.90 times in the NII category by April 6, 2023 (Day 4).

Investor Category	Subscription (times)	Shares Offered	Shares Bid for	Total Amount (Rs Cr.)*
Qualified Institutions	11.67	1,523,200	1,77,72,800	135.07
Non-Institutional Buyers	57.90	937,600	5,42,86,400	412.58
Retail Investors	11.98	2,185,600	2,61,85,600	199.01
Employees	[.]	0	0	0
Others	[.]	0	0	0
Total	21.14	4,646,400	9,82,44,800	746.66

Total Application : 16,366 (16.11 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 329,600 equity shares not included.

MOS Utility IPO (Day-wise) Subscription Details (times)

Date	QIB	NII	Retail	Total
Day 1 March 31, 2023	0.45	0.04	0.16	0.23
Day 2 April 3, 2023	0.45	0.16	1.04	0.67
Day 3 April 5, 2023	0.45	1.27	2.88	1.76
Day 4 April 6, 2023	11.67	57.90	11.98	21.14

MOS Utility IPO Shares Offered

MOS Utility IPO is a public issue of 6,574,400 equity shares. The issue offers 2,185,600 shares to retail investors, 1,523,200 shares to qualified institutional buyers, and 937,600 shares to non-institutional investors.

Category	Shares Offered	Amount (Rs Cr)	Size (%)
Anchor Investor	1,598,400	12.15	24.31%
Market Maker	329,600	2.50	5.01%
QIB	1,523,200	11.58	23.17%
NII	937,600	7.13	14.26%
Retail	2,185,600	16.61	33.24%
Total	6,574,400	49.97	100%

MOS Utility IPO Anchor Investor Allocation

A total of 1,598,400 shares at a price of Rs 76 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.)
3	Aidos India Fund Ltd	265,600	76	16.62	20,185,600
2	Nav Capital Vcc- Nav Capital Emerging Star Fund	400,000	76	25.03	30,400,000
1	Saint Capital Fund	932,800	76	58.36	70,892,800
		1,598,400		100	121,478,400

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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MOS Utility IPO Subscription FAQs

The MOS Utility IPO is subscribed 21.14 by April 6, 2023.