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Enviro Infra Engineers Limited IPO Details

IPO Investor Categories

• Qualified Institutional Buyers (QIB)- qualified institutional buyers (QIBs) are large investors, their investment expertise, such as mutual funds, insurance companies, pension funds and hedge funds, who are considered to have the expertise and resources to evaluate investment opportunities - it requires standards to be met, and retail investors are allowed to bid shares at prices below the offer price.

• 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 - "bNII" means "large investor other than institutional investor". This sub-category includes investors who have created shares worth more than Rs. 10 lakh in 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 eligible groups of shareholders or other investors with reserved quota in IPO.