Exicom Tele-Systems IPO Subscription Status

Exicom Tele-Systems IPO Subscription Status

You can check Exicom Tele-Systems IPO subscription status here. The subscription figures are taken from BSE and NSE and are updated at regular interval.

The public issue has QIB, NII, and Retail categories for subscription. Here you can find Exicom Tele-Systems IPO subscription segregated by days and investor categories.

Shares Offered10,370,5404,711,8003,141,20018,223,540
29 Feb 2024121.80153.22119.59129.54
28 Feb 20244.4854.3964.7927.78
27 Feb 20240.7319.0427.1710.02

Shares allotted to anchor investors are not included in these calculations. Similarly, shares allotted to market maker, if any, are not part of these calculations.

Investor Categories in Exicom Tele-Systems IPO Subscription

The three most important categories of IPO investors defied by SEBI are part of Exicom Tele-Systems IPO.

Qualified Institutional Buyers (QIB) – Examples of QIBs are Foreign Portfolio Investors (FPIs), Scheduled Commercial Banks, Mutual Funds, Venture Capital Funds, Foreign Venture Capital Investors (FVCIs), Alternative Investment Funds (AIFs), Insurance Companies, Provident Funds and Pension Funds with a minimum corpus of INR 250 million.

Generally, 50% of the offer is reserved for QIBs. Some of these are classified as anchor investors which work towards stabilizing an IPO.

Non-Institutional Investor (NII) – These are affluent investors who can invest more than INR 200,000. In other words, these are High Networth Individuals (HNIs). Generally, 15% of the offer is reserved for this category. Bids in the category need to exceed INR 200,000. Typical examples include Category III FPIs, resident Indian individuals, HUFs (in the name of Karta), companies, corporate bodies, eligible NRIs, scientific institutions, societies and trusts.

NII category is further divided into two big and small, the threshold application amount being INR 1,000,000 (INR 10 lakh).

Retail Individual Investor (RII) – This category is purely meant for small investors, whose bid must not exceed INR 200,000 per person. Usually, 35% of total shares are reserved for this category in case of the company with profitable operations. In the event of the IPO-bound company not fulfilling this criterion, only 10% shares are reserved for retail investors. 


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