May 16, 2024 - May 21, 2024

Rulka Electricals IPO Subscription Details

Rulka Electricals IPO Subscription Status Live

Rulka Electricals IPO subscribed 676.83 times. The public issue subscribed 658.32 times in the retail category, 204.22 times in QIB, and 1,350.15 times in the NII category by May 21, 2024 (Day 3).

Investor Category	Subscription (times)	Shares Offered	Shares Bid for	Total Amount (Rs Cr.)*
Qualified Institutions	204.22	213,600	4,36,21,800	1,025.11
Non-Institutional Buyers*	1,350.15	160,200	21,62,94,600	5,082.92
Retail Investors	658.32	373,800	24,60,79,800	5,782.88
Employees	[.]	0	0	0
Others	[.]	0	0	0
Total *	676.83	747,600	50,59,96,200	11,890.91

Total Application : 410,134 (658.32 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 56,400 equity shares not included.

Rulka Electricals IPO (Day-wise) Subscription Details (times)

Date	QIB	NII*	Retail	Total
Day 1 May 16, 2024	1.01	5.26	10.78	6.81
Day 2 May 17, 2024	4.62	27.62	52.84	33.66
Day 3 May 21, 2024	204.22	1,350.15	658.32	676.83

Rulka Electricals IPO Shares Offered

Rulka Electricals IPO is a public issue of 1,123,200 equity shares. The issue offers 373,800 shares to retail investors, 213,600 shares to qualified institutional buyers, and 160,200 shares to non-institutional investors.

Category	Shares Offered	Amount (Rs Cr)	Size (%)
Anchor Investor	319,200	7.50	28.42%
Market Maker	56,400	1.33	5.02%
QIB	213,600	5.02	19.02%
NII*	160,200	3.76	14.26%
Retail	373,800	8.78	33.28%
Total	1,123,200	26.40	100%

Rulka Electricals IPO Anchor Investor Allocation

A total of 319,200 shares at a price of Rs 235 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	BofA Securities Europe SA - ODI	60,000	235	18.8	14,100,000
2	Negen Undiscovered Value Fund	43,200	235	13.53	10,152,000
3	Galaxy Noble Global Opportunities Fund PCC-GNGOF 1	43,200	235	13.53	10,152,000
4	Benani Capital- Benani Capital Scheme 1	43,200	235	13.53	10,152,000
5	North Star Opportunities Fund VCC- Bull Value Incorporated VCC Sub Fund	43,200	235	13.53	10,152,000
6	Saint Capital Fund	43,200	235	13.53	10,152,000
7	Eminence Global Fund Pcc - Eubilia Capital Partners Fund I	43,200	235	13.53	10,152,000
		319,200		100	75,012,000

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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Rulka Electricals IPO Subscription FAQs

The Rulka Electricals IPO is subscribed 676.83 by May 21, 2024.