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Standard Glass Lining Technology Limited IPO Details

IPO Investor Categories

• Qualified Institutional Buyers (QIB)— Qualified institutional buyers (QIBs) are large investors with investment expertise, such as mutual funds, insurance companies, pension funds, and hedge funds, who are considered to have the expertise and resources to evaluate investment opportunities. They must meet standards, and retail investors are allowed to bid shares at prices below the offer price.

• Non-Institutional Investors (NII) - Non-institutional investors (NIIs), 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 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 the created shares worth ₹2 lakh & ₹10 lakh in Initial Public Offering IPO.

2. bNII - "bNII" means "large non-institutional investor". This sub-category includes investors who have 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 Initial Public Offering IPOs, aimed at encouraging retail participation in IPOs.

• Employee (EMP)- The employee (EMP) category in an Initial Public Offering IPO is reserved for employees, directors & associates the employees of the issuing company, and the issuing company and the “IPO” s chief executive officer and the determine the allocation of shares in this category

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