June 25, 2024 - June 27, 2024

Petro Carbon and Chemicals IPO Subscription Details

Petro Carbon and Chemicals IPO Subscription Status Live

Petro Carbon and Chemicals IPO subscribed 92.01 times. The public issue subscribed 74.34 times in the retail category, 94.49 times in QIB, and 129.91 times in the NII category by June 27, 2024 (Day 3).

Investor Category	Subscription (times)	Shares Offered	Shares Bid for	Total Amount (Rs Cr.)*
Qualified Institutions	94.49	1,236,800	11,68,69,600	1,998.47
Non-Institutional Buyers*	129.91	928,800	12,06,63,200	2,063.34
Retail Investors	74.34	2,166,400	16,10,51,200	2,753.98
Employees	[.]	0	0	0
Others	[.]	0	0	0
Total *	92.01	4,332,000	39,85,84,000	6,815.79

Total Application : 201,314 (74.34 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 430,400 equity shares not included.

Petro Carbon and Chemicals IPO (Day-wise) Subscription Details (times)

Date	QIB	NII*	Retail	Total
Day 1 June 25, 2024	0.15	2.83	3.42	2.36
Day 2 June 26, 2024	0.15	7.19	12.31	7.74
Day 3 June 27, 2024	94.49	129.91	74.34	92.01

Petro Carbon and Chemicals IPO Shares Offered

Petro Carbon and Chemicals IPO is a public issue of 6,617,600 equity shares. The issue offers 2,166,400 shares to retail investors, 1,236,800 shares to qualified institutional buyers, and 928,800 shares to non-institutional investors.

Category	Shares Offered	Amount (Rs Cr)	Size (%)
Anchor Investor	1,855,200	31.72	28.03%
Market Maker	430,400	7.36	6.50%
QIB	1,236,800	21.15	18.69%
NII*	928,800	15.88	14.04%
Retail	2,166,400	37.05	32.74%
Total	6,617,600	113.16	100%

Petro Carbon and Chemicals IPO Anchor Investor Allocation

A total of 1,855,200 shares at a price of Rs 171 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	Silver Stride India Global Fund	701,600	171	37.82	119,973,600
2	Minerva Ventures Fund	59,200	171	3.19	10,123,200
3	Forbes Emf	59,200	171	3.19	10,123,200
4	Narantak Dealcomm Limited	976,000	171	52.61	166,896,000
5	Santosh Industries Limited	59,200	171	3.19	10,123,200
		1,855,200		100	317,239,200

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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Petro Carbon and Chemicals IPO Subscription FAQs

The Petro Carbon and Chemicals IPO is subscribed 92.01 by June 27, 2024.