May 30, 2019 - June 4, 2019

Suich Industries IPO Subscription Details

Suich Industries IPO Subscription Status Live

Suich Industries IPO subscribed 1.39 times. The public issue subscribed 1.47 times in the retail category, [.] times in QIB, and 1.32 times in the NII category by June 4, 2019 (Day 4).

Investor Category	Subscription (times)	Shares Offered	Shares Bid for	Total Amount (Rs Cr.)*
Qualified Institutions	[.]	0	0	0
Non-Institutional Buyers	1.32	1,953,600	25,69,600	19.27
Retail Investors	1.47	1,953,600	28,65,600	21.49
Employees	[.]	0	0	0
Others	[.]	0	0	0
Total	1.39	3,907,200	54,35,200	40.76

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

* Market Maker portion of 208,000 equity shares not included.

Suich Industries IPO (Day-wise) Subscription Details (times)

Date	NII	Retail	Total
Day 1 May 30, 2019	0.51	0.31	0.41
Day 2 May 31, 2019	0.63	0.60	0.61
Day 3 June 3, 2019	1.03	0.91	0.97
Day 4 June 4, 2019	1.32	1.47	1.39

Suich Industries IPO Shares Offered

Suich Industries IPO is a public issue of 4,115,200 equity shares. The issue offers 1,953,600 shares to retail investors, 0 shares to qualified institutional buyers, and 1,953,600 shares to non-institutional investors.

Category	Shares Offered	Amount (Rs Cr)	Size (%)
Market Maker	208,000	1.56	5.05%
NII	1,953,600	14.65	47.47%
Retail	1,953,600	14.65	47.47%
Total	4,115,200	30.86	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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Suich Industries IPO Subscription FAQs

The Suich Industries IPO is subscribed 1.39 by June 4, 2019.