July 26, 2023 - July 28, 2023

Shri Techtex IPO Subscription Details

Shri Techtex IPO Subscription Status Live

Shri Techtex IPO subscribed 148.44 times. The public issue subscribed 156.37 times in the retail category, 58.03 times in QIB, and 250.65 times in the NII category by July 28, 2023 (Day 3).

Investor Category	Subscription (times)	Shares Offered	Shares Bid for	Total Amount (Rs Cr.)*
Qualified Institutions	58.03	1,410,000	8,18,26,000	499.14
Non-Institutional Buyers*	250.65	1,056,000	26,46,90,000	1,614.61
Retail Investors	156.37	2,462,000	38,49,86,000	2,348.41
Employees	[.]	0	0	0
Others	[.]	0	0	0
Total *	148.44	4,928,000	73,15,02,000	4,462.16

Total Application : 192,493 (156.37 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 372,000 equity shares not included.

Shri Techtex IPO (Day-wise) Subscription Details (times)

Date	QIB	NII*	Retail	Total
Day 1 July 26, 2023	4.50	3.73	11.18	7.67
Day 2 July 27, 2023	11.53	29.91	48.29	33.83
Day 3 July 28, 2023	58.03	250.65	156.37	148.44

Shri Techtex IPO Shares Offered

Shri Techtex IPO is a public issue of 7,400,000 equity shares. The issue offers 2,462,000 shares to retail investors, 1,410,000 shares to qualified institutional buyers, and 1,056,000 shares to non-institutional investors.

Category	Shares Offered	Amount (Rs Cr)	Size (%)
Anchor Investor	2,100,000	12.81	28.38%
Market Maker	372,000	2.27	5.03%
QIB	1,410,000	8.60	19.05%
NII*	1,056,000	6.44	14.27%
Retail	2,462,000	15.02	33.27%
Total	7,400,000	45.14	100%

Shri Techtex IPO Anchor Investor Allocation

A total of 2,100,000 shares at a price of Rs 61 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.)
2	Neomile Growth Fund - Series I	164,000	61	7.81	10,004,000
5	LRSD Securities Private Limited	298,000	61	14.19	18,178,000
3	VPK Global Ventures Fund - Scheme 1	164,000	61	7.81	10,004,000
1	Rajasthan Global Securities Pvt. Limited	654,000	61	31.14	39,894,000
4	Nav Capital Vcc- Nav Capital Emerging Star Fund	820,000	61	39.05	50,020,000
		2,100,000		100	128,100,000

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?

Disclaimer: The above information / data is sourced from National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) websites and is subject to change in real time. For latest information / data, please refer to the respective websites. The information / data provided here in is for informational purposes only and is provided by Chittorgarh.com on "AS IS" and "AS AVAILABLE" basis and without warranty, express or implied. Chittorgarh.com does not warrant the accuracy, adequacy or completeness of the information you obtain through the above websites. Chittorgarh.com shall not be liable in any way for any discrepancies, errors, omissions, losses or damage. Chittorgarh.com, including its affiliates and its directors, staff and employees, shall not be liable for any loss, damage of any kind, including but not limited to direct, indirect, punitive, exemplary, consequential damages and lost profits arising in any way out of the use of information / data obtained through the said websites. The recipient alone is fully responsible / liable for any decision made based on this information / data. All recipients, before relying on the said information, should do their own research and seek appropriate professional advice.

Shri Techtex IPO Subscription FAQs

The Shri Techtex IPO is subscribed 148.44 by July 28, 2023.