Garuda Construction and Engineering IPO Subscription.
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Garuda Construction and Engineering: Category QIB offered 60,04,862 shares, applied 74,71,316 shares, with a subscription of 1.24x, and total amount raised is 70.98 Cr. Category HNI offered 41,70,000 shares, applied 3,76,69,952 shares, with a subscription of 9.03x, and total amount raised is 357.86 Cr. Category BHNI (10L+) offered 27,80,000 shares, applied 2,20,55,360 shares, with a subscription of 7.93x, and total amount raised is 209.53 Cr. Category SHNI (2L - 10L) offered 13,90,000 shares, applied 1,56,14,592 shares, with a subscription of 11.23x, and total amount raised is 148.34 Cr. Category Retail offered 97,30,000 shares, applied 10,52,02,717 shares, with a subscription of 10.81x, and total amount raised is 999.43 Cr. Category Total offered 1,99,04,862 shares, applied 15,03,43,985 shares, with a subscription of 7.55x, and total amount raised is 1,428.27 Cr.
Garuda Construction and Engineering: For BHNI (10L+), 1,264 shares were reserved, 1,935 were applied, and the subscription was 1.53x. For SHNI (2L - 10L), 632 shares were reserved, 6,392 were applied, and the subscription was 10.11x. For Retail, 61,974 shares were reserved, 6,96,673 were applied, and the subscription was 11.24x. Total applications received were 7,05,000.
| Category | Offered | Applied | Times | Total Amount (Rs Cr.) |
|---|---|---|---|---|
| QIB | 60,04,862 | 74,71,316 | 1.24x | 70.98 |
| HNI | 41,70,000 | 3,76,69,952 | 9.03x | 357.86 |
| BHNI (10L+) | 27,80,000 | 2,20,55,360 | 7.93x | 209.53 |
| SHNI (2L - 10L) | 13,90,000 | 1,56,14,592 | 11.23x | 148.34 |
| Retail | 97,30,000 | 10,52,02,717 | 10.81x | 999.43 |
| Total | 1,99,04,862 | 15,03,43,985 | 7.55x | 1,428.27 |
Last Updated : 10 Oct, 2024 05:54:00 PM
| Category | Reserved | Applied | Times |
|---|---|---|---|
| BHNI (10L+) | 1,264 | 1,935 | 1.53x |
| SHNI (2L - 10L) | 632 | 6,392 | 10.11x |
| Retail | 61,974 | 6,96,673 | 11.24x |
Total Applications: 705000
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:
- 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. - 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.
- sNII (Applications below ₹10 Lakhs)
- 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.
Read more about Garuda Construction and Engineering IPO
- Garuda Construction and Engineering IPO Detail
- Garuda Construction and Engineering IPO Subscription Detail
- Garuda Construction and Engineering IPO GMP Detail
- Checked Live Garuda Construction and Engineering IPO Allotment Status
- Garuda Construction and Engineering IPO Basis Of Allotment
- Garuda Construction and Engineering IPO Price Calculator
- Garuda Construction and Engineering IPO Stock Price
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