Nexus Select Trust REIT IPO Subscriptions Status Live Today
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May 09, 2023 - May 11, 2023
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Nexus Select Trust REIT IPO Details
Issue Open | 09 May 2023 |
Issue Close | 11 May 2023 |
IPO Price | ₹95 - ₹100 per equity share |
Face Value | ₹1 per equity share |
IPO Size | ₹3, 200.00 Cr. |
Listing At | NSE, BSE |
IPO Lot Size | ₹150 Shares |
IPO Investor Categories
• Qualified Institutional Buyers (QIB)- Qualified Institutional Buyers (QIBs) are typically large, financially sophisticated 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. QIBs are required to meet certain financial criteria set by the Securities and 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 - "sNII" stands for "Small Non-Institutional Investor." This subcategory includes investors who have bid for shares worth between Rs. 2 lakhs and Rs. 10 lakhs in an IPO.
2. bNII - "bNII" stands for "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 Rs. 2 lakhs in an IPO, aimed at encouraging 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 who have a reserved quota in the IPO.
Frequently Asked Question
Price of 1 share of Nexus Select Trust REIT IPO is ₹95 - ₹100.
Market lot size of the Nexus Select Trust REIT IPO is 150 shares.
If you do not get the allotment of Global Surfaces shares, your IPO application amount will be released or credited back to your bank account via which you applied for this IPO.
Nexus Select Trust REIT IPO is going to open on May 09, 2023.
Face value of equity shares of Nexus Select Trust REIT IPO is ₹1.
Nexus Select Trust REIT IPO will be closed on May 11, 2023.
Nexus Select Trust REIT IPO will get listed on May 19, 2022.
You can apply for an IPO from any place by using internet as it is an online process. You can apply for an IPO using 2 methods i.e., ASBA and UPI. ASBA facility is provided by your bank and UPI method is offered by your stock broker. You can invest in Nexus Select Trust REIT IPO by using any one of these method as per your convenience.
Kfin Technologies Limited is the registrar of Nexus Select Trust REIT IPO.
You will receive the allotted shares in your Demat account on May 18, 2023.
Nexus Select Trust REIT IPO shares will get listed at NSE and BSE.
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