December 21, 2023 - December 26, 2023

Supreme Power Equipment IPO Subscription Details

Supreme Power Equipment IPO Subscription Status Live

Supreme Power Equipment IPO subscribed 262.60 times. The public issue subscribed 264.48 times in the retail category, 88.98 times in QIB, and 489.10 times in the NII category by December 26, 2023 (Day 3).

Investor Category	Subscription (times)	Shares Offered	Shares Bid for	Total Amount (Rs Cr.)*
Qualified Institutions	88.98	1,250,000	11,12,22,000	722.94
Non-Institutional Buyers*	489.10	940,000	45,97,52,000	2,988.39
Retail Investors	264.48	2,188,000	57,86,88,000	3,761.47
Employees	[.]	0	0	0
Others	[.]	0	0	0
Total *	262.60	4,378,000	1,14,96,62,000	7,472.80

Total Application : 289,344 (264.48 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 932,000 equity shares not included.

Supreme Power Equipment IPO (Day-wise) Subscription Details (times)

Date	QIB	NII*	Retail	Total
Day 1 December 21, 2023	1.01	3.50	13.68	7.88
Day 2 December 22, 2023	1.05	14.75	38.64	22.78
Day 3 December 26, 2023	88.98	489.10	264.48	262.60

Supreme Power Equipment IPO Shares Offered

Supreme Power Equipment IPO is a public issue of 7,180,000 equity shares. The issue offers 2,188,000 shares to retail investors, 1,250,000 shares to qualified institutional buyers, and 940,000 shares to non-institutional investors.

Category	Shares Offered	Amount (Rs Cr)	Size (%)
Anchor Investor	1,870,000	12.16	26.04%
Market Maker	932,000	6.06	12.98%
QIB	1,250,000	8.13	17.41%
NII*	940,000	6.11	13.09%
Retail	2,188,000	14.22	30.47%
Total	7,180,000	46.67	100%

Supreme Power Equipment IPO Anchor Investor Allocation

A total of 1,870,000 shares at a price of Rs 65 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	Zeal Global Opportunites Fund	316,000	65	16.9	20,540,000
2	Nova Global Opportunities Fund PCC-Touchstone	314,000	65	16.79	20,410,000
3	Vikasa India EIF I Fund- Incube Global Opportunities	924,000	65	49.41	60,060,000
4	Silver Stallion Limited	316,000	65	16.9	20,540,000
		1,870,000		100	121,550,000

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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Supreme Power Equipment IPO Subscription FAQs

The Supreme Power Equipment IPO is subscribed 262.60 by December 26, 2023.