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Can I apply as HNI category?
Yes, any resident individual or non-resident individual (NRI) can apply in the HNI category. The HNI category is also known as Non-Individual Investors or NII. A retail IPO application of more than Rs 2 Lakh is considered an HNI application.
How do you approach HNI?
6 relationship skills to impress HNI clients
- Make a good first impression. Because HNI investors are so highly sought after, you literally only get one chance to make a good first impression.
- Emphasize communication.
- Build trust.
- Be social.
- Give up control.
- Be multi-dimensional.
Can a retail investor apply for HNI category for an IPO?
You cannot apply for Retail as well as HNI category for an IPO at a same time. If the retail applicant investor applies HNI category which is for more than Rs 2,00,000 of shares, they are automatically considered as HNI or High Networth Individuals.
How to apply for Zomato IPO as an HNI?
Check HNI Funding Cost Calculator for Zomato IPO. A retail investor can apply for IPO shares in the HNI category using the online ASBA IPO Application facility offered by the net-banking website or app of the bank. HNIs cannot use UPI-based IPO applications to apply in the NII category as an HNI investor.
What is the minimum amount required in IPO for NII category?
As per the SEBI rule, the issuing company should reserve a minimum of 15\% of the IPO for the NII category. Applying for IPO shares in the HNI category offers an opportunity to grab shares worth more than Rs 2 lakhs.
How to apply for HNI IPO through Zerodha?
You can bid for the HNI IPO application only through ASBA using the Net banking facility or by submitting the physical IPO application form. HNI’s cannot apply using the UPI-based IPO application offered by most discount stock brokers like Zerodha.