September 29, 2022 - October 3, 2022

Swastik Pipe IPO Subscription Details

Swastik Pipe IPO Subscription Status Live

Swastik Pipe IPO subscribed 1.35 times. The public issue subscribed 1.33 times in the retail category, [.] times in QIB, and 1.37 times in the NII category by October 3, 2022 (Day 3).

Investor Category	Subscription (times)	Shares Offered	Shares Bid for	Total Amount (Rs Cr.)*
Qualified Institutions	[.]	0	0	0
Non-Institutional Buyers	1.37	2,968,800	40,69,200	40.69
Retail Investors	1.33	2,968,800	39,56,400	39.56
Employees	[.]	0	0	0
Others	[.]	0	0	0
Total	1.35	5,937,600	80,25,600	80.26

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

* Market Maker portion of 314,400 equity shares not included.

Swastik Pipe IPO (Day-wise) Subscription Details (times)

Date	NII	Retail	Total
Day 1 September 29, 2022	0.56	0.09	0.33
Day 2 September 30, 2022	0.76	0.22	0.49
Day 3 October 3, 2022	1.37	1.33	1.35

Swastik Pipe IPO Shares Offered

Swastik Pipe IPO is a public issue of 6,252,000 equity shares. The issue offers 2,968,800 shares to retail investors, 0 shares to qualified institutional buyers, and 2,968,800 shares to non-institutional investors.

Category	Shares Offered	Amount (Rs Cr)	Size (%)
Market Maker	314,400	3.14	5.03%
NII	2,968,800	29.69	47.49%
Retail	2,968,800	29.69	47.49%
Total	6,252,000	62.52	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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Swastik Pipe IPO Subscription FAQs

The Swastik Pipe IPO is subscribed 1.35 by October 3, 2022.