September 21, 2011 - September 23, 2011

RDB Rasayans IPO Subscription Details

RDB Rasayans IPO Subscription Status Live

RDB Rasayans IPO subscribed 1.50 times. The public issue subscribed 3.96 times in the retail category, 0.00 times in QIB, and 0.75 times in the NII category by September 23, 2011 (Day 3).

Investor Category	Subscription (times)	Shares Offered
Qualified Institutions	0.00	2,250,000
Non-Institutional Buyers	0.75	675,000
Retail Investors	3.96	1,575,000
Employees	[.]	0
Others	[.]	0
Total	1.50	4,500,000

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

RDB Rasayans IPO (Day-wise) Subscription Details (times)

Date	NII	Retail	Total
Day 1 September 21, 2011	0.00	0.09	0.03
Day 2 September 22, 2011	0.00	0.23	0.08
Day 3 September 23, 2011	0.75	3.96	1.50

RDB Rasayans IPO Shares Offered

RDB Rasayans IPO is a public issue of 4,500,000 equity shares. The issue offers 1,575,000 shares to retail investors, 2,250,000 shares to qualified institutional buyers, and 675,000 shares to non-institutional investors.

Category	Shares Offered	Amount (Rs Cr)	Size (%)
QIB	2,250,000	17.78	50.00%
NII	675,000	5.33	15.00%
Retail	1,575,000	12.44	35.00%
Total	4,500,000	35.55	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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RDB Rasayans IPO Subscription FAQs

The RDB Rasayans IPO is subscribed 1.50 by September 23, 2011.