May 30, 2011 - June 2, 2011

VMS Industries IPO Subscription Details

VMS Industries IPO Subscription Status Live

VMS Industries IPO subscribed 1.36 times. The public issue subscribed 3.41 times in the retail category, 0.00 times in QIB, and 1.11 times in the NII category by June 2, 2011 (Day 4).

Investor Category	Subscription (times)	Shares Offered
Qualified Institutions	0.00	3,576,389
Non-Institutional Buyers	1.11	1,072,917
Retail Investors	3.41	2,503,472
Employees	[.]	0
Others	[.]	0
Total	1.36	7,152,778

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

VMS Industries IPO (Day-wise) Subscription Details (times)

Date	NII	Retail	Total
Day 1 May 30, 2011	0.21	0.95	0.37
Day 2 May 31, 2011	0.21	1.06	0.40
Day 3 June 1, 2011	0.35	1.43	0.55
Day 4 June 2, 2011	1.11	3.41	1.36

VMS Industries IPO Shares Offered

VMS Industries IPO is a public issue of 7,152,778 equity shares. The issue offers 2,503,472 shares to retail investors, 3,576,389 shares to qualified institutional buyers, and 1,072,917 shares to non-institutional investors.

Category	Shares Offered	Amount (Rs Cr)	Size (%)
QIB	3,576,389	14.31	50.00%
NII	1,072,917	4.29	15.00%
Retail	2,503,472	10.01	35.00%
Total	7,152,778	28.61	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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VMS Industries IPO Subscription FAQs

The VMS Industries IPO is subscribed 1.36 by June 2, 2011.