Leo Dry Fruits and Spices Trading Ltd IPO Subscriptions Status Live Today
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Leo Dry Fruits and
Spices Trading Ltd IPO Details
Issue Open |
01 January 2025 |
Issue Close |
03 January 2025 |
IPO Price |
₹51 to ₹52 per equity
share |
Face Value |
₹10 per equity share |
IPO Size |
₹25.12 Cr. |
Listing At |
BSE, SME |
IPO Lot
Size |
2,000 Shares |
IPO Investor Categories
- Qualified Institutional Buyers (QIB)- Qualified Institutional Buyers (QIBs) are typically large, financial investors, such as mutual funds, insurance companies, pension funds, & hedge funds, who have the expertise and resources to evaluate investment opportunities. They are allowed to bid the shares at a lower price than the price offered to retail investors.
- 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 subscribed shares worth ₹2 lakh and ₹10 lakh in IPO.
2. bNII - "bNII" means "large non-institutional investor". This sub-category includes investors who have created shares in shares worth more than ₹10 lakh in IPO.
- Retail Individual Investors (RII) - Retail Individual Investors (RIIs) are individual investors who apply for shares worth up to ₹2 lakh in the IPO to encourage vendor participation in the IPO process.
- Employee (EMP)- The employee (EMP) category in an IPO is reserved for employees, directors and associate employees of the issuing company, and the issuing company and the IPO's chief executive officer determine the allocation of shares in this category.
- Others- An eligible group of shareholders or other investors
with a reserve number of IPOs.
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