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Abril Paper Tech Ltd. IPO Details

IPO Investor Categories

• Qualified Institutional Buyers (QIB)- Qualified institutional buyers are major investors, their investment expertise, such as mutual funds, insurance companies, pension funds, and hedge funds, which are regarded as having the expertise and resources to evaluate investment opportunities. Participating in the Impacts of QIBs -must fulfil financial norms and be a responsible investor.

• Non-Institutional Investors (NII) - Non-institutional investors (NIIs), on the other hand, individuals with high net worth (HNI) or companies that do not classify economic norms such as QIBs, are not classified and allowed to participate in IPO at the same price as retail investors.

NII category has two subcategories:

1. sNII -"Snii" means "small non-institutional investors". This sub-category consists of investors who have provided shares of ₹2 Lakh and ₹10 Lakh in the IPO.

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

• Retail Individual Investors (RII) - Retail individual Investors (RII) are individual investors applying for shares up to 2 lakhs in IPOs, aimed at encouraging retail listings.

• Employee (EMP)- The Employees (EMP) category in an IPO is reserved for employees, directors, and releasing employees, and the issuing company and IPO managers determine the allocation of shares in this category.

• Others- A qualified group of shareholders or other investors with a reserve number of stock exchange listings.