1. High net-worth individual category is a part of non-institutional investor Category with 15% reservation of IPO shares.

2. An HNI is an investor whose total investable assets are more than Rs 2 crore.

3. The minimum IPO application amount for HNIs is Rs 2 lakh.

4. Bidding is not allowed for HNIs at the cut-off price. They should subscribe at the highest bid price.

5.Anyone can apply as either a retail investor either HNI InvestorBut not both.

Content on this page is Etiquette Center Investment Education and Education (CIEL).
Contributions by Girija Gadre, Arti Bhargava and Labdhi Mehta.

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