Non-Institutional Investors

This IPO News reference page covers “Non-Institutional Investors”. IPO News presents the structured facts and tables in its own layout and wording.

Key Facts

• India's trusted financial research platform since 2015. Live IPO GMP, subscription data, allotment status, Rights Issues, NCDs and unbiased stock broker reviews.
• Institutional investors who place IPO bid for more than Rs 2 lakh but are not SEBI registered, is known as non-institutional investors. NIIs are further classified as small NII and Big NII.
• Small NII: Non-institutional investors who invest 2 lakh to 10 Lakh are called small NIIs. Out of 15% shares reserved for NIIs, 5% is reserved for small NIIs.
• Big NII: Non-institutional investors who submit IPO bids for more than Rs 10 lakh are known as Big NIIs. Out of 15% NII quota, 10% shares are reserved for big NIIs.
• High net-worth individuals, companies, HUF, corporates, etc. can bid in the NII category.
• NIIs have 15% reservation in an IPO.

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