June 14, 2021 - June 16, 2021

Sona Comstar IPO Subscription Details

Sona Comstar IPO Subscription Status Live

Sona Comstar IPO subscribed 2.28 times. The public issue subscribed 1.58 times in the retail category, 3.46 times in QIB, and 0.39 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	3.46	58,421,052	20,24,03,700	5,889.95
Non-Institutional Buyers	0.39	29,210,526	1,13,11,596	329.17
Retail Investors	1.58	19,473,684	3,07,11,639	893.71
Employees	[.]	0	0	0
Others	[.]	0	0	0
Total	2.28	107,105,262	24,44,26,935	7,112.82

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

Sona Comstar IPO (Day-wise) Subscription Details (times)

Date	QIB	NII	Retail	Total
Day 1 June 14, 2021	0.02	0.01	0.51	0.11
Day 2 June 15, 2021	0.14	0.04	1.02	0.27
Day 3 June 16, 2021	3.46	0.39	1.58	2.28

Sona Comstar IPO Shares Offered

Sona Comstar IPO is a public issue of 107,105,262 equity shares. The issue offers 19,473,684 shares to retail investors, 58,421,052 shares to qualified institutional buyers, and 29,210,526 shares to non-institutional investors.

Category	Shares Offered	Amount (Rs Cr)	Size (%)
QIB	58,421,052	1,700.05	54.55%
NII	29,210,526	850.03	27.27%
Retail	19,473,684	566.68	18.18%
Total	107,105,262	3,116.76	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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Sona Comstar IPO Subscription FAQs

The Sona Comstar IPO is subscribed 2.28 by June 16, 2021.