September 29, 2023 - October 5, 2023

Sharp Chucks And Machines IPO Subscription Details

Sharp Chucks And Machines IPO Subscription Status Live

Sharp Chucks And Machines IPO subscribed 54.20 times. The public issue subscribed 63.69 times in the retail category, 38.76 times in Other category by October 5, 2023.

Investor Category	Subscription (times)	Shares Offered	Shares Bid for	Total Amount (Rs Cr.)*
Others	38.76	1,378,000	5,34,10,000	309.78
Retail Investors	63.69	1,378,000	8,77,70,000	509.07
Total *	54.20	2,756,000	14,93,78,000	866.39

Total Application : 43,885 (63.69 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 148,000 equity shares not included.

Sharp Chucks And Machines IPO (Day-wise) Subscription Details (times)

Date	Other	Retail	Total
Day 1 September 29, 2023	0.22	1.81	1.02
Day 2 October 3, 2023	1.77	11.97	6.87
Day 3 October 4, 2023	3.99	25.16	14.58
Day 4 October 5, 2023	38.76	63.69	54.20

Sharp Chucks And Machines IPO Shares Offered

Sharp Chucks And Machines IPO is a public issue of 2,904,000 equity shares. The issue offers 1,378,000 shares to retail investors, 1,378,000 shares to other investors. The other investors include applicants other than retail i.e. HNI, corporates, institutions, (NII and QIB).

Category	Shares Offered	Amount (Rs Cr)	Size (%)
Market Maker	148,000	0.86	5.10%
Other	1,378,000	7.99	47.45%
Retail	1,378,000	7.99	47.45%
Total	2,904,000	16.84	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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Sharp Chucks And Machines IPO Subscription FAQs

The Sharp Chucks And Machines IPO is subscribed 54.20 by October 5, 2023.