Nse Ipo Gets Strong Response

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The allotment of NSE's IPO worth Rs 22,569 crore will take place today i.e. on September 22. Those investors who will not be allotted shares will be refunded their money from September 23. At the same time, shares will be credited to the demat account of those investors who have been allotted shares in the IPO on the same day. NSE shares will be listed on BSE on 24 September. This IPO has been subscribed a total of 5.71 times. Investors placed bids for 50.28 crore shares against the total offer of 8.86 crore shares.

Check IPO allotment status like this
In this, the highest demand came from big foreign and domestic funds i.e. QIB and their quota was filled 12.68 times. At the same time, the share of rich investors i.e. NII was subscribed 6.54 times and the quota of common retail investors was subscribed 1.35 times. After the allotment is finalized, investors can check the allotment status by visiting the website of BSE, NSE or MUFG Intime India and entering their PAN card number.

Via NSE website:

Visit the 'IPO Bid Verification' page of NSE.
Select the option 'Equity & SME IPO bid details'.
Select 'NSE' from the dropdown menu.
Enter your PAN number and click on 'Submit'.

Through BSE website:

Go to 'IPO Allotment Status' page of BSE.
Select 'Equity' in the issue type.
Select 'National Stock Exchange of India Ltd' in the issue name.
Enter your PAN number and click on 'Search' button.

From the website of Registrar (MUFG Intime India):

Visit the Registrar's IPO Status page.
Select 'National Stock Exchange of India Ltd' from the list.
Enter your PAN number or application number and 'Submit'.

Main information related to IPO

Issue size: ₹22,569 crore (total 12.644 crore shares)
Price Band: ₹1,700 to ₹1,785 per share
Lot Size: 8 Shares (Minimum Investment ₹14,280)

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