Mamata Machinery Ltd. IPO Subscription

IPO Subscription
Sr.No. Category No.of shares offered / reserved No. of shares bid for No. of times of total meant for the category
1 Qualified Institutional Buyers (QIBs) 1469557 346643968 235.88
1(a) Foreign Institutional Investors (FIIs) - 56860723 -
1(b) Mutual Funds - 2504965 -
1(c) Others - 287278280 -
2 Non Institutional Investors(NIIS) 1102101 302393470 274.38
2(a) Corporates - 4957836 -
2(b) Individuals (Other than RIIs) - 284413293 -
2(c) Others - 13022341 -
3 Retail Individual Investors (RIIs) 2571569 355080085 138.08
3(a) Cut Off - 323298658 -
3(b) Price Bids - 31781427 -
4 Employee Reserved 35000 5364279 153.27
4(a) Employee (Cut off) - 5037807 -
4(b) Employee (Price) - 326472 -
Total 5178227 1009481802 194.95

The subscription level indicates the level of investor interest in the IPO, typically expressed as the number of times the shares offered has been applied for by investors.

Investors are categorized into the following groups:

  • Retail Individual Investors (RIIs)
  • Non-Institutional Investors (NIIs)
  • Qualified Institutional Buyers (QIBs)

Retail Individual Investors (RIIs) - A "retail individual investor" refers to an investor who applies or bids for securities amounting to Rs. 2, 00,000 or less.

Qualified Institutional Buyers (QIBs) - include entities registered with SEBI such as mutual funds, venture capital funds, foreign venture capital investors, foreign institutional investors, public financial institutions, scheduled commercial banks, development financial institutions, state industrial development corporations, insurance companies, provident funds, pension funds, the National Investment Fund, and specific insurance funds managed by the armed forces and Department of Posts in India.

Non-Institutional Investors (NIIs) - Investors who do not meet the criteria for Retail Individual Investors (RIIs) or Qualified Institutional Buyers (QIBs) are categorized as "Non-Institutional Investors" (NIIs).