Excellent Wires and Packaging IPO Subscription.

SME

Excellent Wires and Packaging: Category HNI offered 6,64,000 shares, applied 58,83,200 shares, with a subscription of 8.86x, and total amount raised is 52.95 Cr. Category Retail offered 6,64,000 shares, applied 2,12,44,800 shares, with a subscription of 32.00x, and total amount raised is 191.20 Cr. Category Total offered 13,28,000 shares, applied 2,71,28,000 shares, with a subscription of 20.43x, and total amount raised is 244.15 Cr.

Excellent Wires and Packaging: For HNI (3 Lots), 415 shares were reserved, max winners were 138, 1,057 were applied, application-wise subscription was 2.55x, and people-based subscription was 8x. For Individual Investor (2 Lots), 415 shares were reserved, max winners were 208, 13,278 were applied, application-wise subscription was 32.00x, and people-based subscription was 64x. Total applications received were 14,335.

Category	Offered	Applied	Times	Total Amount (Rs Cr.)
HNI	6,64,000	58,83,200	8.86x	52.95
Retail	6,64,000	2,12,44,800	32.00x	191.20
Total	13,28,000	2,71,28,000	20.43x	244.15

Last Updated : 13 Sep, 2024 05:56:27 PM

Category	Reserved	Applied	Times
QIB	-	0	-
HNI (3 Lots)	415	1,057	2.55x
Individual Investor (2 Lots)	415	13,278	32.00x

Total Applications: 14335

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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