Non-institutional investors or non-SEBI investors can apply for shares without registering with SEBI. High-net-worth individuals (HNIs) have a single investment totaling Rs. 2 lahks. A business that wishes to subscribe for more than 2 lakhs should consult with NIIs. Irrespective of how well the IPO performs, stock market investors<\/mark><\/a> still receive their shares.\u00a0<\/p>\n\n\n\n There are two sub-categories of NII.<\/strong><\/p>\n\n\n\n NII investors who bid for shares within Rs 2 lakh and Rs 10 lakh fall under the Small NII category. One-third of the NII category shares go to the Small NII sub-category.<\/p>\n\n\n\n NII investors who place bids on shares valued at more than Rs 10 lakhs fall under the Big NII category. The Big NII subcategory receives two-thirds of the NII category shares. The Big HNI subcategory is another name for it (bHNI).<\/p>\n\n\n\n Advantages of NII<\/strong><\/p>\n\n\n\n Disadvantages of NII<\/strong><\/p>\n\n\n\n Can a retail investor apply more than Rs 1 lakhs in an NII category?<\/strong><\/p>\n\n\n\n Yes, a retail investor who applies in the “Non-Institutional Investors” category can bid more than Rs 1 lakh in an IPO. This is because the maximum bid amount in the “Non-Institutional Investors” category has no upper limit. <\/p>\n\n\n\n Conclusion<\/strong><\/p>\n\n\n\n From learning the importance of an NII investor to understanding whether you can bid for it, you have become one step closer to comprehending the important bits and pieces of the\u00a0IPO in the capital market.\u00a0Are you looking to buy an IPO with proper analysis? The Shoonya app<\/mark><\/a> <\/strong>with zero brokerage is your answer, which has advanced tools and options to help you look at company details and also modify\/cancel your IPO order before buying.<\/p>\n\r\n\n
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