June 29, 2016 - July 1, 2016

Quess Corp IPO Subscription Details

Quess Corp IPO Subscription Status Live

Quess Corp IPO subscribed 143.99 times. The public issue subscribed 31.23 times in the retail category, 59.02 times in QIB, and 392.21 times in the NII category by July 1, 2016 (Day 3).

Investor Category	Subscription (times)	Shares Offered
Qualified Institutions	59.02	3,903,023
Non-Institutional Buyers	392.21	1,916,251
Retail Investors	31.23	1,277,500
Employees	[.]	0
Others	[.]	0
Total	143.99	7,096,774

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

Quess Corp IPO (Day-wise) Subscription Details (times)

Date	QIB	NII	Retail	Total
Day 1 June 29, 2016	0.00	0.05	2.19	0.41
Day 2 June 30, 2016	2.80	0.32	9.81	3.40
Day 3 July 1, 2016	59.02	392.21	31.23	143.99

Quess Corp IPO Shares Offered

Quess Corp IPO is a public issue of 7,096,774 equity shares. The issue offers 1,277,500 shares to retail investors, 3,903,023 shares to qualified institutional buyers, and 1,916,251 shares to non-institutional investors.

Category	Shares Offered	Amount (Rs Cr)	Size (%)
QIB	3,903,023	123.73	55.00%
NII	1,916,251	60.75	27.00%
Retail	1,277,500	40.50	18.00%
Total	7,096,774	224.97	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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Quess Corp IPO Subscription FAQs

The Quess Corp IPO is subscribed 143.99 by July 1, 2016.