Investors who invest more than rs 2,00,000 of shares in an IPO. Minimum 35% is reserved for them in an IPO.
Retail investors are non-professional market participants who generally invest smaller amounts than larger, institutional investors.
Due to their smaller trades, retail investors may pay higher fees and commissions, although some online brokers offer no-fee trading.
The retail investment market is enormous since it includes retirement accounts, brokerage firms, online trading, and robo-advisors.