The allotment of shares for the initial public offerings (IPOs) of Sula Vineyards Ltd, Abans Holding Ltd, and Landmark Cars Ltd will take place next week. The subscription for the three IPOs closed this week.
The 'IPO allotment status' gives information on the number of shares issued to an investor in an issue.
Investors who have subscribed to the issue can check the allotment status on the registrar's website, where it also publishes 'basis of allotment document'. To check the allotment status, investors will have to enter PAN or IPO allocation number. The IPO's registrar handles the IPO allotment process.
The allotment for Sula Vineyards IPO is scheduled for Monday, December 19. Refunds will be initiated on December 20, and allotted shares will be credited to investors' demat accounts on December 21. The shares will get listed on December 22, on the NSE and BSE.
The allotment for Abans Holding is scheduled for Tuesday, December 20. Refunds will be initiated on December 21, and allotted shares will be credited to investors' demat accounts on December 22. The shares will get listed on December 23, on the NSE and BSE.
Similarly, the allotment for Landmark Cars IPO is scheduled on Tuesday, December 20. Refunds will start to be initiated on December 21, and allotted shares will be credited to investors' demat accounts on December 22. The shares will get listed on December 23, on the NSE and BSE.
By accessing the registrar's website, such as Karvy or Linkintime, investors can check IPO allotment. Investors can also receive email and SMS notifications on the IPO allotment status from NSE, BSE, NSDL, and CDSL.
How to check IPO allotment status via NSE?
Visit www.nseindia.com, the NSE's official website.
Go to the 'invest' section on the main page, and click on 'check trade/bids'.
By selecting the 'Click here to sign up' option on the NSE website, one must register with PAN.
Enter user name, password, and captcha code.
Check IPO allotment status on the new page that will open.
How to check IPO allotment status via BSE?
Visit BSE's official website - www.bseindia.com.
In the menu bar, select 'Investors', and a new page will load.
Next, move the pointer to the menu's 'Investor Services' section and choose 'Status of issue application'.
Under 'Issue Type', select 'Equity'.
Choose the IPO from the drop-down option under 'Issue Name'.
Enter PAN or application number.
Click 'I am not a Robot' to confirm your identity, then click the 'Submit' button.