September 21, 2021 - September 23, 2021

Paras Defence and Space Technologies IPO Subscription Details

Paras Defence and Space Technologies IPO Subscription Status Live

Paras Defence and Space Technologies IPO subscribed 304.26 times. The public issue subscribed 112.81 times in the retail category, 169.65 times in QIB, and 927.70 times in the NII category by September 23, 2021 (Day 3).

Application Wise IPO Subscription (Retail): 89.61 times

Investor Category	Subscription (times)	Shares Offered	Shares Bid for	Total Amount (Rs Cr.)*
Qualified Institutions	169.65	2,017,941	34,23,38,435	5,990.92
Non-Institutional Buyers	927.70	1,536,856	1,42,57,44,440	24,950.53
Retail Investors	112.81	3,585,996	40,45,49,000	7,079.61
Employees	[.]	0	0	0
Others	[.]	0	0	0
Total	304.26	7,140,793	2,17,26,31,875	38,021.06

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

Paras Defence and Space Technologies IPO (Day-wise) Subscription Details (times)

Date	QIB	NII	Retail	Total
Day 1 September 21, 2021	0.01	3.77	31.36	16.57
Day 2 September 22, 2021	1.67	26.32	68.57	40.57
Day 3 September 23, 2021	169.65	927.70	112.81	304.26

Paras Defence and Space Technologies IPO Shares Offered

Paras Defence and Space Technologies IPO is a public issue of 7,140,793 equity shares. The issue offers 3,585,996 shares to retail investors, 2,017,941 shares to qualified institutional buyers, and 1,536,856 shares to non-institutional investors.

Category	Shares Offered	Amount (Rs Cr)	Size (%)
QIB	2,017,941	35.31	28.26%
NII	1,536,856	26.89	21.52%
Retail	3,585,996	62.75	50.22%
Total	7,140,793	124.96	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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Paras Defence and Space Technologies IPO Subscription FAQs

The Paras Defence and Space Technologies IPO is subscribed 304.26 by September 23, 2021.