April 5, 2019 - April 9, 2019

Polycab IPO Subscription Details

Polycab IPO Subscription Status Live

Polycab IPO subscribed 51.88 times. The public issue subscribed 4.50 times in the retail category, 92.44 times in QIB, and 110.42 times in the NII category by April 9, 2019 (Day 3).

Investor Category	Subscription (times)	Shares Offered	Shares Bid for	Total Amount (Rs Cr.)*
Qualified Institutions	92.44	5,004,328	46,26,19,890	24,888.95
Non-Institutional Buyers	110.42	3,737,535	41,27,17,005	22,204.17
Retail Investors	4.50	8,720,914	3,92,09,751	2,109.48
Employees	3.19	175,000	5,58,630	30.05
Others	[.]	0	0	0
Total	51.88	17,637,777	91,51,05,276	49,232.66

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

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

Date	QIB	NII	Retail	EMP	Total
Day 1 April 5, 2019	1.96	0.08	0.27	0.46	0.71
Day 2 April 8, 2019	3.60	0.70	1.51	1.77	1.94
Day 3 April 9, 2019	92.44	110.42	4.50	3.19	51.88

Polycab IPO Shares Offered

Polycab IPO is a public issue of 17,637,777 equity shares. The issue offers 8,720,914 shares to retail investors, 5,004,328 shares to qualified institutional buyers, and 3,737,535 shares to non-institutional investors.

Category	Shares Offered	Amount (Rs Cr)	Size (%)
QIB	5,004,328	269.23	28.37%
NII	3,737,535	201.08	21.19%
Retail	8,720,914	469.19	49.44%
Employee	175,000	9.42	0.99%
Total	17,637,777	948.91	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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Polycab IPO Subscription FAQs

The Polycab IPO is subscribed 51.88 by April 9, 2019.