Apply This IPO

Best Margin

Zero Brokerage

24*7 Customer Support.

Fastest mobile support

---

Apply with Angel One

Apply with Zerodha

Pre-Apply with Upstox

Interarch Building Products Limited IPO Details

IPO Investor Categories

• Qualified Institutional Buyers (QIB)- qualified institutional buyers “QIBs” are large, experienced investors, such as mutual funds, insurance companies, pension funds and hedge funds, who are considered to have the expertise and resources to evaluate investment opportunities considered. QIBs are required to meet the financial criteria set by the Securities & Exchange Board of India (SEBI) to participate in an IPO, and they are allowed to bid for shares at a price lower than the price at which shares are offered to retail investors.

• Non-Institutional Investors (NII) - Non-Institutional Investors “NIIs”, on the other hand, are typically individual investors, High Net Worth Individuals (HNIs), or corporate bodies who do not meet the financial criteria to be classified as QIBs. They are allowed to participate in an IPO at the same price as retail investors.

NII category has two subcategories:

1. sNII - means "small non-institutional investor". This subcategory includes investors who created shares worth ₹2 lakh and ₹10 lakh in IPO.

2. bNII – stands for the "Big Non-Institutional Investor." This subcategory includes investors who have bid for shares worth more than Rs. 10 lakhs in an IPO.

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

• Employee (EMP)- The Employee (EMP) category in an IPO is reserved for the employees, directors, and business associates of the issuer company, and the allocation of shares to this category is determined by the issuer company and the lead manager of the IPO.

• Others-  Eligible groups of shareholders and other investors who have the reserved quota in an IPO.