HNI
High Net-worth Individual. In IPO context, investors applying for shares worth more than Rs 2 lakh are categorized as HNIs (Non-Institutional Investors).
Related Terms
BSE
Bombay Stock Exchange. India's oldest stock exchange, established in 1875, located in Mumbai. Its be...
Brokerage
The commission or fee charged by a broker for executing buy or sell orders. Discount brokers in Indi...
CRR
Cash Reserve Ratio. The percentage of deposits that banks must keep with the RBI as liquid cash. Cha...
Circuit Breaker
A mechanism that temporarily halts trading on a stock or the entire market when prices move beyond s...
DII
Domestic Institutional Investor. Indian institutions such as mutual funds, insurance companies, and...
DRHP
Draft Red Herring Prospectus. A preliminary document filed with SEBI by a company planning an IPO, c...