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Globe Civil Projects Limited IPO Details

IPO Investor categories

• Qualified institutional buyers (QIBs)- Qualified Institutional Buyers (QIB” are usually large and knowledgeable investors such as mutual funds, insurance companies, pension funds and hedge funds. These investors have the skills and resources to effectively assess investment opportunities. To participate in an IPO, QIBS must fulfil the specific economic norms set by the Securities and Exchange Board of India (SEBI). Unlike investors in the retail trade, QIBs can offer shares at a lower price than when they are introduced to the public.

• Non -institutional investors (NIIS) - There are usually individual investors, people with high net worth (HNI) or companies that are not qualified as qualified institutional buyers (QIBs). They can participate in a stock exchange listing at the same price as retail investors.

The NII category has two subclasses:

1. Snii - "Snii" means "small non -non-institutional investors." This group consists of investors who are Rs. Bid for shares between. 2 lakhs and Rs. 10 lakhs in an IPO.

2. BNII - "BNII" means "big non-institutional investors". This group consists of investors who are Rs. Bid for more shares than. 10 lakhs in an IPO.

• Personal Investors (Rii) - Retail Individual Investors (Riis) are individual investors applying for shares up to Rs. 2 lakhs in an IPO. This category is designed to encourage everyday people to invest in listings.

• Employees (EMP) - In an IPO, the employee (EMP) category is separated for the employees, directors, and business partners in the company who issue shares. The number of shares available in this category is decided by the company and the head of the IPO.

• Other- A category of qualified investors who have a fixed number of shares reserved for them in the IPO.