October 12, 2010 - October 14, 2010

Prestige Estates IPO Subscription Details

Prestige Estates IPO Subscription Status Live

Prestige Estates IPO subscribed 2.26 times. The public issue subscribed 0.08 times in the retail category, 4.32 times in QIB, and 0.24 times in the NII category by October 14, 2010 (Day 3).

Investor Category	Subscription (times)	Shares Offered
Qualified Institutions	4.32	29,229,071
Non-Institutional Buyers	0.24	6,959,303
Retail Investors	0.08	20,877,906
Employees	0.24	174,418
Others	[.]	0
Total	2.26	57,240,698

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

Prestige Estates IPO (Day-wise) Subscription Details (times)

Date	QIB	NII	Retail	EMP	Total
Day 1 October 12, 2010	0.05	0.08	0.00	0.00	0.04
Day 2 October 13, 2010	0.95	0.09	0.01	0.02	0.50
Day 3 October 14, 2010	4.32	0.24	0.08	0.24	2.26

Prestige Estates IPO Shares Offered

Prestige Estates IPO is a public issue of 57,240,698 equity shares. The issue offers 20,877,906 shares to retail investors, 29,229,071 shares to qualified institutional buyers, and 6,959,303 shares to non-institutional investors.

Category	Shares Offered	Amount (Rs Cr)	Size (%)
QIB	29,229,071	534.89	51.06%
NII	6,959,303	127.36	12.16%
Retail	20,877,906	382.07	36.47%
Employee	174,418	3.19	0.30%
Total	57,240,698	1,047.50	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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Prestige Estates IPO Subscription FAQs

The Prestige Estates IPO is subscribed 2.26 by October 14, 2010.