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Saraswati Saree Depot Limited IPO Details

IPO Investor Categories

• Qualified Institutional Buyers (QIB)- Typically, qualified institutional buyers (QIBs) are large, sophisticated investors, such as mutual funds, insurance companies, pension funds and hedge funds, which are considered to have the expertise and resources to evaluate investment opportunities ensuring -Standards need to be met, and their allow retail investors to purchase the shares at a price below the offering price of the shares

• Non-Institutional Investors (NII) - 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". Sub-category includes investors who have created shares of ₹2 lakh and ₹10 lakh in IPO.

2. bNII – (bNII) stands for "Big Non-Institutional Investor." This subcategory includes investors who have bid for shares worth more than ₹10 lakhs in an IPO.

• Retail Individual Investors (RII) - Retail Individual Investors (RIIs) are individual investors who apply for shares worth up to ₹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 issuer company and the lead manager of the IPO determine the allocation of shares to this category.

• Others- An eligible group of shareholders or other investors with investments in an IPO.