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Arkade Developers Limited IPO Details

IPO Investor Categories

• Qualified Institutional Buyers (QIB)- qualified institutional buyers (QIBs) are large, sophisticated investors, such as mutual funds, insurance companies, pension funds and hedge funds, which are considered to have the expertise and resources to evaluate investment opportunities ensure -Standards need to be met, and their allow retail investors to buy shares at prices below the offering price of the shares.

• Non-Institutional Investors (NII) - Non-institutional investors (NIIs), on the other hand, generally consist of individual investors, high net worth individuals (HNIs), or companies that do not meet the financial criteria a be classified as QIBs and allowed to participate in IPOs at the same price as retail investors.

NII category has two subcategories:

1. sNII - "sNII" means "small non-institutional investor". This sub-category includes investors who have created shares of Rs. 2 lakh and Rs. 10 lakh in IPO.

2. bNII - bNII" stands for "large non-institutional investor". This sub-category includes investors who bid more than Rs 10 lakh worth of shares in the IPO.

• Retail Individual Investors (RII) - Retail Individual Investors (RIIs) are individual investors who apply for shares worth up to Rs. 2 lakh in IPOs, aimed at encouraging retail participation in IPOs.

• Employee (EMP)- In an IPO, the category of Employees (EMP) is reserved for the employees, directors and associate employees of the issuing company, and the shares to be allocated to this category by the issuing company is determined by the main administrator of the IPO.

• Others- Certain groups of eligible shareholders or other investors with a reserved IPO quota.