July 12, 2024 - July 16, 2024

Three M Paper Boards IPO Subscription Details

Three M Paper Boards IPO Subscription Status Live

Three M Paper Boards IPO subscribed 35.07 times. The public issue subscribed 55.11 times in the retail category, 0.01 times in QIB, and 34.99 times in the NII category by July 15, 2024 (Day 2).

Investor Category	Subscription (times)	Shares Offered	Shares Bid for	Total Amount (Rs Cr.)*
Qualified Institutions	0.01	1,096,000	12,000	0.08
Non-Institutional Buyers*	34.99	824,000	2,88,32,000	198.94
Retail Investors	55.11	1,920,000	10,58,18,000	730.14
Employees	[.]	0	0	0
Others	[.]	0	0	0
Total *	35.07	3,840,000	13,46,62,000	929.17

Total Application : 31,464 (32.78 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 290,000 equity shares not included.

Three M Paper Boards IPO (Day-wise) Subscription Details (times)

Date	QIB	NII*	Retail	Total
Day 1 July 12, 2024	0.00	7.14	12.98	8.02
Day 2 July 15, 2024	0.01	34.99	55.11	35.07

Three M Paper Boards IPO Shares Offered

Three M Paper Boards IPO is a public issue of 5,772,000 equity shares. The issue offers 1,920,000 shares to retail investors, 1,096,000 shares to qualified institutional buyers, and 824,000 shares to non-institutional investors.

Category	Shares Offered	Amount (Rs Cr)	Size (%)
Anchor Investor	1,642,000	11.33	28.45%
Market Maker	290,000	2.00	5.02%
QIB	1,096,000	7.56	18.99%
NII*	824,000	5.69	14.28%
Retail	1,920,000	13.25	33.26%
Total	5,772,000	39.83	100%

Three M Paper Boards IPO Anchor Investor Allocation

A total of 1,642,000 shares at a price of Rs 69 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	Next Orbit Ventures Fund	240,000	69	14.62	16,560,000
2	TGIsmE Fund	146,000	69	8.89	10,074,000
3	Vikasa India EIF	146,000	69	8.89	10,074,000
4	Imvesta Growth Scheme	146,000	69	8.89	10,074,000
5	Saint Capital Fund	484,000	69	29.48	33,396,000
6	Minerva Emerging Opportunities Fund Ltd	240,000	69	14.62	16,560,000
7	Next Orbit Growth Fund	240,000	69	14.62	16,560,000
		1,642,000		100	113,298,000

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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Three M Paper Boards IPO Subscription FAQs

The Three M Paper Boards IPO is subscribed 35.07 by July 15, 2024.