High Net Worth Individual Investors (HNI)
HNI is an investor who applies for more than ₹2 lakh in an IPO.
High Net Worth Individuals (HNIs) are investors who invest large amounts of money. In IPOs, anyone applying for more than ₹2 lakh falls under the HNI category.
This category may include:
Individuals
HUFs
Companies or institutions
HNIs usually invest larger amounts compared to retail investors and have a separate allocation in IPOs.
Example:
If an investor applies for IPO shares worth ₹5 lakh, they will be considered an HNI investor.