Know how to check IPO allotment status - The Hindu BusinessLine thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
The three-day IPO received bids for 212.87 crore shares against 12.25 crore shares offered by the company. The equity shares of the company will be listed on NSE and BSE.
From December 21 i.e. today, the company s IPO refund or unblocking of funds from the ASBA account will begin and equity shares will be paid to allotters’ accounts on December 22.
The portion reserved for retail investors was subscribed 1.13 times, while the QIB portion was booked 8.49 times. On the other hand, NII was subscribed 3.02 times.