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#1
30th September 2006, 08:33 PM
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Question on IPO terminology
Hi -
Can someone answer for me? I want to know what's the difference between Individuals (Other than RIIs) and Retail Individual Investors (RIIs). When I bid for IPOs I bid under RII bracket. Now what's the difference between above two? Can I bid under Non Institutional Investors - Individuals (Other than RIIs) category? Please explain. 
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#2
30th September 2006, 10:06 PM
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Re: Question on IPO terminology
Quote:
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#3
1st October 2006, 07:19 PM
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Re: Question on IPO terminology
Ok. so basically I can BID under any of those 2 categories.
Do you know where are the chances to get more shares i.e. RII or Individuals (Non FII)? I can see that RII has more shares reserved than those for Individuals. Also, regarding you answer, I thought, if you are RII then you cannot bid for more than 1,00,000. As per your comments, RII status is determined based on how much you bid. In ICICI trading, they have 2 radio buttons to select your status before you bid.
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