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Nisus Finance Services Co Limited IPO Details

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 are considered to have the expertise and resources to evaluate investment opportunities various reviews QIBs must comply with certain financial criteria set by the Securities and Exchange Board of India (SEBI) to participate in the Initial Public Offering IPO in. They are allowed to bid on the shares at a lower price than the price offered to retail investors.
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•  Non-Institutional Investors (NII) - Non-Institutional Investors (NIIs), on the other hand, are usually individual investors, high net worth individuals (HNIs), or institutions without financial standards to be closed as QIBs. They are allowed to participate in Initial Public Offering 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 created shares of ₹2 lakh and ₹10 lakhs in Initial Public Offering IPO.

2.  bNII - "bNII" means "large investor other than institutional investor". This sub-category includes investors who have the created shares worth more than ₹10 lakh in Initial Public Offering IPO.

•  Retail Individual Investors (RII) - Retail Individual Investors (RIIs) are individual investors who apply for shares worth up to ₹2 lakh in the Initial Public Offering IPO to encourage vendor participation in the Initial Public Offering IPO process.
• Employee (EMP)- In an Initial Public Offering IPO, the category of Employees (EMP) is reserved for the employees, directors and associate employees of the issuing company. The issuing company and the sponsor of the Initial Public Offering IPO determine the share allocation for this group.
• Others- Eligible shareholders or other investors with the reserved Initial Public Offering IPO quotas.