May 23, 2023 - May 25, 2023

Vasa Denticity IPO Subscription Details

Vasa Denticity IPO Subscription Status Live

Vasa Denticity IPO subscribed 73.14 times. The public issue subscribed 58.07 times in the retail category, 37.26 times in QIB, and 156.09 times in the NII category by May 25, 2023 (Day 3).

Investor Category	Subscription (times)	Shares Offered	Shares Bid for	Total Amount (Rs Cr.)*
Qualified Institutions	37.26	802,000	2,98,85,000	382.53
Non-Institutional Buyers*	156.09	602,000	9,39,64,000	1,202.74
Retail Investors	58.07	1,404,000	8,15,34,000	1,043.64
Employees	[.]	0	0	0
Others	[.]	0	0	0
Total *	73.14	2,808,000	20,53,83,000	2,628.90

Total Application : 81,534 (58.07 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 216,000 equity shares not included.

Vasa Denticity IPO (Day-wise) Subscription Details (times)

Date	QIB	NII*	Retail	Total
Day 1 May 23, 2023	0.05	0.15	2.28	1.19
Day 2 May 24, 2023	0.54	3.32	8.22	4.98
Day 3 May 25, 2023	37.26	156.09	58.07	73.14

Vasa Denticity IPO Shares Offered

Vasa Denticity IPO is a public issue of 4,224,000 equity shares. The issue offers 1,404,000 shares to retail investors, 802,000 shares to qualified institutional buyers, and 602,000 shares to non-institutional investors.

Category	Shares Offered	Amount (Rs Cr)	Size (%)
Anchor Investor	1,200,000	15.36	28.41%
Market Maker	216,000	2.76	5.11%
QIB	802,000	10.27	18.99%
NII*	602,000	7.71	14.25%
Retail	1,404,000	17.97	33.24%
Total	4,224,000	54.07	100%

Vasa Denticity IPO Anchor Investor Allocation

A total of 1,200,000 shares at a price of Rs 128 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	Bengal Finance & Investment Pvt. Ltd.	240,000	128	20	30,720,000
2	Founders Collective Fund (Previously, Singularity Growth Opportunities Fund Ii)	240,000	128	20	30,720,000
3	India-Ahead Venture Fund	240,000	128	20	30,720,000
4	Maven India Fund	240,000	128	20	30,720,000
5	Saint Capital Fund	240,000	128	20	30,720,000
		1,200,000		100	153,600,000

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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Vasa Denticity IPO Subscription FAQs

The Vasa Denticity IPO is subscribed 73.14 by May 25, 2023.