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NeoPolitan Pizza and Foods Limited IPO Details

IPO Investor Categories

•  Qualified Institutional Buyers (QIB)- qualified institutional buyers (QIBs) are large, experienced investors, such as the mutual funds, pension funds, insurance companies, & hedge funds, who have the expertise & resources to the evaluate investment opportunities. They are the 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 the 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 the created shares of ₹2 lakh and ₹10 lakh in IPO.

2. bNII - "bNII" means "large non-institutional investor". This sub-category includes investors who have bid to acquire 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 lakhs in IPOs to encourage retail participation in the IPO process.
• Employee (EMP)- The employee (EMP) category in an IPO is reserved for the employees, directors & associate employees of the issuing company, & the issuing company and the Initial Public Offering IPO's chief executive officer determine the allocation of the shares in this category.
• Others- An eligible group of the shareholders or other investors with a the reserve number of IPOs.