The initial public offering (IPO) of Inox India, which opened for subscription on December 14 was subscribed 61.06 times on the final bidding day. The allotment status of the IPO is expected to be released on Tuesday, December 19. Investors who applied for the issue will be able to check the Inox India IPO allotment status by visiting the official website of the registrar of the issue- Kfin Technologies Ltd or via BSE.
Meanwhile, it can be noted that the issue received bids for 94.53 crore equity shares against 1.55 crore shares on offer. The qualified institutional buyer (QIB) portion was subscribed 147.80 times followed by the non-institutional investors portion subscribed for 53.03 times and the retail portion 14.96 times.
The initiation of refunds will happen on December 20, while the company will get listed on the Exchanges – BSE and NSE on December 21, 2023. If you have also applied for the Inox India IPO, here is how you can check the share allotment status, once it is released.
Check Inox India IPO allotment status on BSE
- Go to the official website of BSE
- Tap on Equity available under Issue Type section
- Select the name of the IPO from the drop-down option under Issue Name
- Provide your PAN or application number and the allotment status will be displayed on the screen.
Check Inox India IPO allotment status on Kfin Technologies Ltd
- You can also check the Inox India IPO allotment status by visiting the registrar’s website or click on the link.
- Once the website opens, you will be provided with 5 links where you can see the status.
- Open any of the 5 links and select Inox India Limited from the dropdown menu in the select IPO section.
- Select any of these options- Application No, Demat Account, or PAN.
- Provide the details asked for and click on submit.