June 14, 2021 - June 16, 2021

Shyam Metalics IPO Subscription Details

Shyam Metalics IPO Subscription Status Live

Shyam Metalics IPO subscribed 121.43 times. The public issue subscribed 11.64 times in the retail category, 155.71 times in QIB, and 339.98 times in the NII category by June 16, 2021 (Day 3).

Investor Category	Subscription (times)	Shares Offered	Shares Bid for	Total Amount (Rs Cr.)*
Qualified Institutions	155.71	5,940,889	92,50,44,165	28,306.35
Non-Institutional Buyers	339.98	4,455,000	1,51,46,10,270	46,347.07
Retail Investors	11.64	10,395,001	12,10,00,230	3,702.61
Employees	1.55	300,000	4,65,930	14.26
Others	[.]	0	0	0
Total	121.43	21,090,890	2,56,11,20,595	78,370.29

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

Shyam Metalics IPO (Day-wise) Subscription Details (times)

Date	QIB	NII	Retail	EMP	Total
Day 1 June 14, 2021	0.00	0.70	2.19	0.27	1.23
Day 2 June 15, 2021	0.81	2.60	5.80	0.78	3.65
Day 3 June 16, 2021	155.71	339.98	11.64	1.55	121.43

Shyam Metalics IPO Shares Offered

Shyam Metalics IPO is a public issue of 21,090,890 equity shares. The issue offers 10,395,001 shares to retail investors, 5,940,889 shares to qualified institutional buyers, and 4,455,000 shares to non-institutional investors.

Category	Shares Offered	Amount (Rs Cr)	Size (%)
QIB	5,940,889	181.79	28.17%
NII	4,455,000	136.32	21.12%
Retail	10,395,001	318.09	49.29%
Employee	300,000	9.18	1.42%
Total	21,090,890	645.38	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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Shyam Metalics IPO Subscription FAQs

The Shyam Metalics IPO is subscribed 121.43 by June 16, 2021.