June 25, 2024 - June 27, 2024

The Money Fair IPO Subscription Details

The Money Fair IPO Subscription Status Live

The Money Fair IPO subscribed 34.96 times. The public issue subscribed 45.57 times in the retail category, 10.21 times in QIB, and 48.05 times in the NII category by June 27, 2024 (Day 3).

Investor Category	Subscription (times)	Shares Offered	Shares Bid for	Total Amount (Rs Cr.)*
Qualified Institutions	10.21	654,400	66,80,000	51.44
Non-Institutional Buyers*	48.05	428,800	2,06,03,200	158.64
Retail Investors	45.57	998,400	4,54,97,600	350.33
Employees	[.]	0	0	0
Others	[.]	0	0	0
Total *	34.96	2,081,600	7,27,80,800	560.41

Total Application : 28,436 (45.57 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 150,400 equity shares not included.

The Money Fair IPO (Day-wise) Subscription Details (times)

Date	QIB	NII*	Retail	Total
Day 1 June 25, 2024	0.00	1.01	2.53	1.42
Day 2 June 26, 2024	0.01	2.31	6.56	3.63
Day 3 June 27, 2024	10.21	48.05	45.57	34.96

The Money Fair IPO Shares Offered

The Money Fair IPO is a public issue of 3,086,400 equity shares. The issue offers 998,400 shares to retail investors, 654,400 shares to qualified institutional buyers, and 428,800 shares to non-institutional investors.

Category	Shares Offered	Amount (Rs Cr)	Size (%)
Anchor Investor	854,400	6.58	27.68%
Market Maker	150,400	1.16	4.87%
QIB	654,400	5.04	21.20%
NII*	428,800	3.30	13.89%
Retail	998,400	7.69	32.35%
Total	3,086,400	23.77	100%

The Money Fair IPO Anchor Investor Allocation

A total of 854,400 shares at a price of Rs 77 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	Saint Capital Fund	240,000	77	28.09	18,480,000
2	Varsu India Growth Story Scheme I (Persistent Growth Fund)	131,200	77	15.36	10,102,400
3	SB Opportunities Fund I	131,200	77	15.36	10,102,400
4	Ashika Global Securities Private Limited	352,000	77	41.2	27,104,000
		854,400		100	65,788,800

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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The Money Fair IPO Subscription FAQs

The The Money Fair IPO is subscribed 34.96 by June 27, 2024.