Divyadhan Recycling Industries IPO Subscription.

SME

Divyadhan Recycling Industries: Category QIB offered 7,16,000 shares, applied 2,10,46,000 shares, with a subscription of 29.39x, and total amount raised is 134.69 Cr. Category HNI offered 5,38,000 shares, applied 4,11,06,000 shares, with a subscription of 76.41x, and total amount raised is 263.08 Cr. Category Retail offered 12,52,000 shares, applied 4,06,08,000 shares, with a subscription of 32.43x, and total amount raised is 259.89 Cr. Category Total offered 25,06,000 shares, applied 10,27,60,000 shares, with a subscription of 41.01x, and total amount raised is 657.66 Cr.

Divyadhan Recycling Industries: For QIB, - shares were reserved, max winners were -, 15 were applied, application-wise subscription was -, and people-based subscription was -. For HNI, 269 shares were reserved, max winners were -, 1,319 were applied, application-wise subscription was 4.90x, and people-based subscription was -. For Retail, 626 shares were reserved, max winners were -, 20,304 were applied, application-wise subscription was 32.43x, and people-based subscription was -. Total applications received were 21,638.

Category	Offered	Applied	Times	Total Amount (Rs Cr.)
QIB	7,16,000	2,10,46,000	29.39x	134.69
HNI	5,38,000	4,11,06,000	76.41x	263.08
Retail	12,52,000	4,06,08,000	32.43x	259.89
Total	25,06,000	10,27,60,000	41.01x	657.66

Last Updated : 30 Sep, 2024 05:56:19 PM

Category	Reserved	Applied	Times
QIB	-	15	-
HNI	269	1,319	4.90x
Retail	626	20,304	32.43x

Total Applications: 21638

IPO Investor Categories

Qualified Institutional Buyers (QIB)
Institutions like banks, mutual funds, insurance companies, and other SEBI-registered entities fall under the QIB category. They typically invest large sums on behalf of clients or schemes.
Non-Institutional Investors (NII)
This group includes high-net-worth individuals (HNIs), NRIs, trusts, and companies that apply for shares worth more than ₹2 lakhs. Unlike QIBs, SEBI registration is not required.
NII is further split into:
1. sNII (Applications below ₹10 Lakhs)
  Investors bidding between ₹2 lakhs and ₹10 lakhs fall in the Small NII (sHNI) bracket. One-third of the NII portion is set aside for them.
2. bNII (Applications above ₹10 Lakhs)
  Investors applying for more than ₹10 lakhs are classified as Big NIIs (bHNI). Two-thirds of the NII shares are allocated to this sub-category.
Retail Individual Investors (RII)
Individuals or NRIs applying for shares up to ₹2 lakhs are considered retail investors and are part of the RII quota.
Employee (EMP)
This section is reserved for eligible employees of the company participating in the IPO.
Others
Includes eligible shareholders or specific investors with a reserved quota as per the IPO policy.

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