Godavari Biorefineries Limited IPO Subscriptions Status Live Today
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Godavari Biorefineries Limited IPO Details
Issue Open |
23 October 2024 |
Issue Close |
25 October 2024 |
IPO Price |
₹334 - ₹352 per
equity share |
Face Value |
₹10 per equity share |
IPO Size |
₹55.75 Cr. |
Listing At |
NSE, BSE |
IPO Lot
Size |
42 shares |
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 ensuring Standards need to be
met, and them allow retail investors to purchase the shares at a price below
the offering price of the shares.
• Non-Institutional Investors (NII) - Non-institutional investors (NIIs). On the
other hand, generally consists 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 Initial Public Offering 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 ₹2 lakh and ₹10 lakh in Initial public offering IPO.
2. bNII - "bNII" means "large non-institutional
investor". This sub-category includes investors who have created shares
worth more than ₹10 lakh in Initial Public offering IPO.
• Retail Individual Investors (RII) - Retail Individual Investors (RIIs) are
individual investors who apply for shares worth up to ₹2 lakh in Initial Public
offering IPOs, aimed at encouraging retail participation in Initial Public
offering IPOs.
• Employee (EMP)- The employee “EMP” category in an Initial Public
offering IPO is reserved for employees, directors and associate employees of
the issuing company, and the issuing company and the Initial Public offering “IPO”
chief executive officer determine the allocation of the shares in this category
for the IPO.
• Others- An eligible group of shareholders or other investors with
investments in an IPO.
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