Plaza Wires IPO Subscription Status
You can find the subscription status of Plaza Wires IPO in the table below as on date under various categories of IPO Investors.
| Category | Subscription (Times) | Shares Offered | Share Bid For | Total Amount (Cr) |
| Anchor Investors | 1 | 37,04,044 | 37,04,044 | 0 |
| Qualified Institutional Buyers (QIB) | 0.00 | 61,96,076 | 27,423 | 0.15 |
| Non-Institutional Buyers | 4.80 | 19,80,023 | 95,06,363 | 51.33 |
| bNII (bids above ₹10L) | 3.51 | 13,20,015 | 46,38,919 | 25.05 |
| sNII (bids below ₹10L) | 3.51 | 6,60,008 | 48,67,444 | 26.28 |
| Retail Investors | 3.51 | 13,20,015 | 3,60,03,629 | 194.42 |
| Total | 4.80 | 3,60,03,629 | 4,55,37,415 | 245.90 |
Plaza Wires IPO Subscription day by day
Below table captures the day by subscription status of Plaza Wires IPO.
| Date | QIB | NII | Retail | Total |
| Day 1 (Sep 29, 2023) | 0.00 | 4.80 | 27.28 | 4.80 |
Plaza Wires IPO Shares Reserved for each category
| Investor Category | Shares Offered | Amount (Cr) | Size (%) |
| Anchor Investor | 3,704,044 | 20.00 | 28.06% |
| QIB | 6,196,076 | 33.46 | 46.94% |
| NII | 1,980,023 | 10.69 | 15.00% |
| bNII (bids above ₹10L) | 1,320,015 | 7.13 | 10.00% |
| sNII (bids below ₹10L) | 660,008 | 3.56 | 5.00% |
| Retail | 1,320,015 | 7.13 | 10.00% |
| Total | 13,200,158 | 71.28 | 100.00% |
Read more about Plaza Wires IPO:
Check Below Links If You are Intersted in Other Current and Upcoming IPOs:
Plaza Wires IPO Subscription FAQs
How many shares of Plaza Wires IPO are reserved for retail investors?
1,320,015 shares are being offered to retail investors.
Provide breakup of offer for QIB, NII and RII
| Category | Lot Size | Shares | Required Amount |
| Retail Minimum | 1 | 277 | ₹14,958 |
| Retail Maximum | 13 | 1365 | ₹191,100 |
| S-HNI Minimum | 14 | 3878 | ₹209,412 |
| B-HNI Minimum | 67 | 18,559 | ₹10,02,186 |
How much Plaza Wires IPO Subscribe?
To check the Live Subscription status, please visit Plaza Wires IPO Subscription Status
How to Subscribe to Plaza Wires IPO?
One can apply to this IPO through demat account. IF you dont have demat account contact your stock broker.
How do I apply for Plaza Wires through Zerodha?
Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Plaza Wires”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.
How to Apply the Plaza Wires IPO through Upstox?
Log in to the Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Plaza Wires”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.
Categories of IPO Investors in India:
In the context of IPOs in India, there are specific investor categories that are relevant:
- Qualified Institutional Buyers (QIB):
- Institutional investors, including mutual funds, foreign institutional investors (FIIs), and insurance companies.
- Typically invest large amounts in IPOs.
- Play a significant role in the book-building process.
- Subject to regulatory allocation limits.
- Non-Institutional Investors (NII):
- High net worth individuals (HNIs) and corporate bodies who do not fall under the QIB category.
- Invest in IPOs with a higher minimum application amount compared to retail investors.
- Often seek to benefit from potential listing gains.
- Shareholder’s Non-Institutional Investors (sNII):
- A sub-category of NII that includes existing shareholders of the company going public.
- May receive a portion of the IPO shares reserved for them.
- Usually get a discounted price for shares.
- Broker Non-Institutional Investors (bNII):
- Another sub-category of NII, consisting of clients of registered stockbrokers.
- Like sNII, they may receive a portion of the IPO shares reserved for them.
- Often get preferential pricing.
- Retail Individual Investors (RII):
- Individual investors who apply for IPO shares with smaller investment amounts.
- Typically have a cap on the maximum number of shares they can apply for.
- Participate in the IPO through a simple application process.
- Employees and Insiders:
- Company employees, founders, and early investors who hold shares prior to the IPO.
- May have the opportunity to sell their shares in the IPO.
- Some employees receive shares as part of their compensation packages.
Disclaimer: The above information / data is sourced from National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) websites and is subject to change in real time. For latest information / data, please refer to the respective websites. The information / data provided here in is for informational purposes only and is provided by stockmarketdigest.in on “AS IS” and “AS AVAILABLE” basis and without warranty, express or implied. stockmarketdigest.in does not warrant the accuracy, adequacy or completeness of the information you obtain through the above websites. stockmarketdigest.in shall not be liable in any way for any discrepancies, errors, omissions, losses or damage. stockmarketdigest.in including its affiliates and its directors, staff and employees, shall not be liable for any loss, damage of any kind, including but not limited to direct, indirect, punitive, exemplary, consequential damages and lost profits arising in any way out of the use of information / data obtained through the said websites. The recipient alone is fully responsible / liable for any decision made based on this information / data. All recipients, before relying on the said information, should do their own research and seek appropriate professional advice.