- Qualified institutional buyers (QIBs) which include Foreign Institutional Investors (FIIs) and mutual funds, banks and financial institutions, pension funds and insurance funds and other institutional investors.
- High net worth individuals or non-institutional buyers (NIBs) who invest more than Rs 2 lakhs
- Retail individual investors (including eligible NRIs and HUFs in the name of Karta) who invest upto Rs 2 lakhs in an issue.