November 21, 2012 - November 23, 2012

Tara Jewels IPO Subscription Details

Tara Jewels IPO Subscription Status Live

Tara Jewels IPO subscribed 1.98 times. The public issue subscribed 2.05 times in the retail category, 1.49 times in QIB, and 3.10 times in the NII category by November 23, 2012 (Day 3).

Investor Category	Subscription (times)	Shares Offered
Qualified Institutions	1.49	2,790,055
Non-Institutional Buyers	3.10	1,184,700
Retail Investors	2.05	2,764,300
Employees	0.14	79,777
Others	[.]	0
Total	1.98	6,818,832

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

Tara Jewels IPO (Day-wise) Subscription Details (times)

Date	QIB	NII	Retail	EMP	Total
Day 1 November 21, 2012	0.00	0.00	0.10	0.00	0.04
Day 2 November 22, 2012	0.00	0.00	0.40	0.00	0.16
Day 3 November 23, 2012	1.49	3.10	2.05	0.14	1.98

Tara Jewels IPO Shares Offered

Tara Jewels IPO is a public issue of 6,818,832 equity shares. The issue offers 2,764,300 shares to retail investors, 2,790,055 shares to qualified institutional buyers, and 1,184,700 shares to non-institutional investors.

Category	Shares Offered	Amount (Rs Cr)	Size (%)
QIB	2,790,055	64.17	40.92%
NII	1,184,700	27.25	17.37%
Retail	2,764,300	63.58	40.54%
Employee	79,777	1.83	1.17%
Total	6,818,832	156.83	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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Tara Jewels IPO Subscription FAQs

The Tara Jewels IPO is subscribed 1.98 by November 23, 2012.