July 18, 2018 - July 20, 2018

TCNS Clothing IPO Subscription Details

TCNS Clothing IPO Subscription Status Live

TCNS Clothing IPO subscribed 5.22 times. The public issue subscribed 0.57 times in the retail category, 13.47 times in QIB, and 5.08 times in the NII category by July 20, 2018 (Day 3).

Investor Category	Subscription (times)	Shares Offered	Shares Bid for	Total Amount (Rs Cr.)*
Qualified Institutions	13.47	3,142,808	4,23,27,060	3,030.62
Non-Institutional Buyers	5.08	2,357,106	1,19,63,760	856.61
Retail Investors	0.57	5,499,914	31,47,580	225.37
Employees	[.]	0	0	0
Others	[.]	0	0	0
Total	5.22	10,999,828	5,74,38,400	4,112.59

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

TCNS Clothing IPO (Day-wise) Subscription Details (times)

Date	QIB	NII	Retail	Total
Day 1 July 18, 2018	0.29	0.01	0.03	0.10
Day 2 July 19, 2018	7.00	0.09	0.07	2.06
Day 3 July 20, 2018	13.47	5.08	0.57	5.22

TCNS Clothing IPO Shares Offered

TCNS Clothing IPO is a public issue of 15,714,038 equity shares. The issue offers 5,499,914 shares to retail investors, 3,142,808 shares to qualified institutional buyers, and 2,357,106 shares to non-institutional investors.

Category	Shares Offered	Amount (Rs Cr)	Size (%)
Anchor Investor	4,714,210	337.54	30.00%
QIB	3,142,808	225.03	20.00%
NII	2,357,106	168.77	15.00%
Retail	5,499,914	393.79	35.00%
Total	15,714,038	1,125.13	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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TCNS Clothing IPO Subscription FAQs

The TCNS Clothing IPO is subscribed 5.22 by July 20, 2018.