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IPO

Last Update 2 jaar geleden

What is IPO AutoBid? What is Cutt-off price? What is the Difference between Floor Price and Cut-Off Price for a Book Building Issue? What are the RII, NII, QIB, and Anchor Investors? How Many Days will an IPO Remain open for the Public? What is ‘Market Lot Size’ and ‘Minimum Order Quantity’ for an IPO?

Why is the Maximum Subscription Amount for Retail Investors Limited Rs 2 lakh?

Jainam Broking Limited

Last Update 2 jaar geleden

SEBI decided to keep the maximum investment amount to Rs. 2.00 lakhs to qualify as a retail investor. This was done to ensure that the maximum number of retail investors receive the allotment. Also, according to SEBI, the investors are classified into three categories with a fixed percent of IPO for each Category:

RII – Retail Individual Investor – 35% of the IPO (Limited to Rs. 2.00 lakhs for each retail investor)

NII – Non-Institutional Investor – 15% of the IPO

QIB – Qualified Institutional Bidder – 50% of the IPO

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