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Master Components Limited IPO Details

IPO Investor Categories

·   Qualified Institutional Buyers (QIB)- Qualified Institutional Buyers (QIBs) are experienced and well-funded investors like mutual funds, insurance companies, pension funds, and hedge funds. They meet specific financial requirements defined by SEBI to take part in an IPO. QIBs can bid for shares at a price lower than what's offered to retail investors.

·  Non-Institutional Investors (NII) - Non-Institutional Investors (NIIs) are usually regular individuals, wealthy individuals (HNIs), or businesses that don't meet the financial standards for QIB status. They can join an IPO at the same price as retail investors.

NII category has two subcategories:

1. sNII - "sNII" stands for "Small Non-Institutional Investor," which refers to individuals who have placed bids for shares ranging from Rs. 2 lakhs to Rs. 10 lakhs in an IPO.

2. bNII - "bNII" represents "Big Non-Institutional Investor," encompassing those investors who have placed bids for shares exceeding Rs. 10 lakhs in an IPO.

·  Retail Individual Investors (RII) - Retail Individual Investors (RIIs) are individual investors who apply for shares worth up to Rs. 2 lakhs in an IPO to encourage retail participation in the IPO process.

· 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- A category of eligible shareholders or other investors with a reserved IPO quota.