December 14, 2023 - December 18, 2023

Siyaram Recycling IPO Subscription Details

Siyaram Recycling IPO Subscription Status Live

Siyaram Recycling IPO subscribed 385.19 times. The public issue subscribed 459.11 times in the retail category, 96.43 times in QIB, and 597.72 times in the NII category by December 18, 2023 (Day 3).

Investor Category	Subscription (times)	Shares Offered	Shares Bid for	Total Amount (Rs Cr.)*
Qualified Institutions	96.43	948,000	9,14,13,000	420.50
Non-Institutional Buyers*	597.72	711,000	42,49,80,000	1,954.91
Retail Investors	459.11	1,659,000	76,16,58,000	3,503.63
Employees	[.]	0	0	0
Others	[.]	0	0	0
Total *	385.19	3,318,000	1,27,80,51,000	5,879.03

Total Application : 329,463 (595.77 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 252,000 equity shares not included.

Siyaram Recycling IPO (Day-wise) Subscription Details (times)

Date	QIB	NII*	Retail	Total
Day 1 December 14, 2023	0.05	8.12	36.64	20.07
Day 2 December 15, 2023	3.56	26.38	106.57	59.95
Day 3 December 18, 2023	96.43	597.72	459.11	385.19

Siyaram Recycling IPO Shares Offered

Siyaram Recycling IPO is a public issue of 4,992,000 equity shares. The issue offers 1,659,000 shares to retail investors, 948,000 shares to qualified institutional buyers, and 711,000 shares to non-institutional investors.

Category	Shares Offered	Amount (Rs Cr)	Size (%)
Anchor Investor	1,422,000	6.54	28.49%
Market Maker	252,000	1.16	5.05%
QIB	948,000	4.36	18.99%
NII*	711,000	3.27	14.24%
Retail	1,659,000	7.63	33.23%
Total	4,992,000	22.96	100%

Siyaram Recycling IPO Anchor Investor Allocation

A total of 1,422,000 shares at a price of Rs 46 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	Chhattisgarh Investments Limited	384,000	46	27	17,664,000
2	Rajasthan Global Securities Pvt. Limited	219,000	46	15.4	10,074,000
3	Nav Capital Vcc- Nav Capital Emerging Star Fund	219,000	46	15.4	10,074,000
4	India-Ahead Venture Fund	381,000	46	26.79	17,526,000
5	LC RADIANCE FUND VCC	219,000	46	15.4	10,074,000
		1,422,000		100	65,412,000

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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Siyaram Recycling IPO Subscription FAQs

The Siyaram Recycling IPO is subscribed 385.19 by December 18, 2023.