Who is hni investor

Kartik Feb 16, Reply. What is the meaning of below statement mentioned? Should they bid higher or lower than cutoff? Chetan Gupta Aug 2, It means that while making an application as NII, you can't tick on the option of cut off price.

I recommend you to enter the upper price band in the price option column at which you would like to purchase the shares. This will increase the chance of allotment. Parth Jul 22, Reply. I hold some shares of Glenmark Pharmacuiticles Ltd. So is there any category or provision to directly apply for this IPO as a company stack holder? Ramkishor Apr 4, Reply. Why there is irregularity with allotment of shares to retail. Retail investor should be given weigh of number of shares applied in lottery.

There might be a system of fraud in allotment which works against law of equality and there might be more allotments to applicants who have sell there applications in so called grey market on web. Current processure is not as it had been e decade before. CS Jul 21, Aakash Jain Mar 15, Reply. Sahil Dec 15, Reply. HawkEYE Mar 6, Darshil Kanani Mar 1, Reply. Also I want to know that " NII's are not eligible to bid at cut-off price.

Sir please reply Ratan Kumar kandoi Feb 6, Reply. Thanks for your very professional web site. Very useful and easy to understand. Would you be kind enough to inform me that can I as an individual apply as an Anchor Investor in any Public issue of Rs.

If yes the what is the procedure? As NII still on 0. Devesh Dec 15, Reply. Salim Dec 2, Reply. Can someone please elaborate this statement. Shanmugam N Jul 11, Reply. I am holding shares of Yes Bank as on date purchased from Rs to Rs for making average in the last 3 years. I lost heavily. In which catagory I can apply for shares of Yes Bank FPO to average my price and compensate my loss to some extend.

Kindly advice me. Wangdu Jul 11, At 14 rs per share yes bank market cap is 35k crores better to add few thousand at 12 to 13 rs and keep trading at that price as share will not cross 60 rs for next 3 years atleast. Prado Oct 9, Reply.

I didn't get any allotment Sakthisaravanan Sep 2, Reply. For an example - Lot size is If issue subscripted more than X. I have applied for shares for 3 lakhs rs. Will I get 2 shares or nothing?

Ammm VVV Oct 7, Ankit Sinha Oct 6, Reply. Jay Patel Sep 21, Reply. Gaurav Agarwal Sep 9, Reply. What happen if QIB quota remained under subscribed, will it be given to retial or Nii or both. Jegan Jul 27, Reply.

Can one apply under two different categories: RII 2lac? Nitin Agrawal Nov 30, Reply. Can i apply in retail category for Shares 2 lots of Shares each Rs 57?

As i know Retail can apply max of Rs but in my case applying 2 lots of Shares i. If not does i need to apply for 1 lot of Shares only? Kindly Guide Very thanks in advance for the suggestion and help. How different is QIB from anchor investor? Desi Wolf Oct 9, Reply. A few fundamental queries about NII application: 1. Can a retail investor meaning not super rich apply under NII quota, or is there certain eligibility?

What are the pros and cons of applying in NII quota? Are there more chances of allotment? Thanks in advance. SMcareer Nov 6, The overall return is defined by the average return on both the equity and and debt part. Although tax savings are one of the objectives of money management, HNI will not receive much relief in the deduction allowed under Section 80C of the Income Tax Act. ELSS is better Tax-saving investment option because it is a form of an equity mutual fund with a lock-in period of 3 years.

PPF account can now be opened in any private and government bank. The maximum amount invested in PPF for one year is Rs 1,50,, while the lowest is Investors must invest in at least Rs every year in the account.

The period of PPF is 15 years and lock-in period also. This is a small window for HNI, but it can be used for tax saving purposes. Government and corporate bonds are playing important roles in wealth management.

The bonds offered by the government are risk-free and secured because the government is not usually the default on the payment. On the other hand, corporate bonds are bonds offered by large corporates in place with a solid business model. There is little risk in corporate bonds in the event of bankruptcy.

But more or less, the bonds are almost risk-free and secure. HNIs like real estate. However, for the last few years this sector has only disappointed investors. Most market pundits call it a more asset class, which is somewhat true. At this time, the market is not showing any appreciable trends in this area. In addition, the real estate sector suffers from many controversies, corruption and malpractices.

In recent times, the government has started tightening the scope of the real estate sector as it is the center of money laundering activities. However, the main cause of widespread skepticism in this area is the fear of lower economic development and less future development. However, the economic development of the government and the focus on the real estate sector play an important role in this. So one can expect that the sector will bounce back because the government has started entities like RERA which will maintain proper dealing in the real estate sector.

Apart from this, various initiatives like smart cities will give investors an opportunity in this sector. But still, investors should be careful while investing in real estate at this point.

But their prediction keeps changing until the last minute. The oversubscription also depends on the demand in the grey market. The higher the demand for an IPO in the grey market, the higher are the chances of it getting oversubscribed. It is difficult to derive the expected over-subscription of an IPO based on the historic data as there are too many variables to it.

Open Instant Account. Enquire Now. Request Call Back. Are you a day trader? Basis of Allotment Lottery. A maximum number of bidders will be allotted 1 lot. Proportionate But if you applied for fewer lots than the number of times issue oversubscribed, a lottery is drawn for one lot allotment. Cut-off price Allowed to invest at the cut-off price. Withdraw or lower the Bids Retail investors are allowed to withdraw or lower the bids HNIs are not allowed to withdraw or lower the bids.

Discuss this Question. Similar to a retail application, funds remain blocked in your bank account. You continue earning interest on funds in your savings account. What is the minimum amount to be applied to qualify for HNI? Is there any risk in applying in the HNI category? There are a few risks with this: You have to pay interest on the loan.

In case the share prices go down on listing, you may have to book losses quickly. You have to sell allocated shares as soon as possible to repay the loan. You have to calculate the cost of each share carefully along with the estimation of oversubscription. What is the basis of allotment on the HNI category for an Individual? Lottery for 1 lot if applied lots are less than the NII oversubscription. Example 1: If you have applied for lots and the issue is oversubscribed times, you will get confirmed 1 lot.

If you have applied for lots and the issue is oversubscribed times you will get 1. Example 2: If the NII subscription is 40 times, You should have applied for at least 40 lots to get a guaranteed single lot allotted. After the allotment of the shares, the money will either be debited partially or fully or will be refunded.

When the shares are not fully subscribed, you will be allotted what you asked for, and the entire amount for the same will be deducted. On the other hand, in the case of oversubscription, you will be allotted proportionately, and the application money will be deducted accordingly, or it will be refunded entirely.

So, making a wise choice when it comes to IPO is extremely important. And that way, you will be the one making profits and not your brokers. Varishika is on the verge of successfully completing B. Nothing excites her more than reading books and watching movies. Business, finance, economy? You have her attention. IPO and its categories Initial Public Offering refers to the process where various companies come forward and offer their shares to the public for subscription.

Qualified institutional buyer QIB This is not a popular mode of investment and is used by financial institutions, commercial banks, foreign portfolio investors and mutual fund investors only. Hence, the table below will help you in understanding the key differences between both - Particulars High Net worth Individuals Retail Investors Allotment In case of over-subscription, the allotment is made either proportionately or by a lottery system.

Maximum investment amount Must bid for more than 2 lakhs only. Can apply up to 2 lakhs. Cutoff price However, the HNI investors are not eligible for subscribing under the cutoff price. An investor of this category can invest in the cutoff price. How to apply as an HNI? Some of the steps to apply for the shares under the HNI category are as follows.