The allotment of shares for Elin Electronics Ltd's initial public offering (IPO) is scheduled to take place next week, on December 27.
Investors who have subscribed to the issue can check the allotment status by entering their PAN or IPO allocation number on the website of the registrar. KFin Technologies Private Ltd is the registrar to the offer. The registrar's website also publishes the 'basis of allotment document'.
The total number of shares allotted to an investor in an issue can be found in the 'IPO allotment status'.
The public issue that opened for subscription on Tuesday, December 20, closed on Thursday, December 22. On the final day, the issue was fully booked by qualified institutional buyers, non-institutional investors and retail investors.
The initiation of the refund process will start on Wednesday, December 28, for individuals not given shares.
Those allotted will receive their shares in their demat accounts on the day of listing on Friday, December 30.
How to check IPO allotment status via NSE?
Step 1
Visit www.nseindia.com, the NSE's official website.
Step 2
Go to the 'invest' section on the main page, and click on 'check trade/bids'.
Step 3
By selecting the 'Click here to sign up' option on the NSE website, one must register with PAN.
Step 4
Enter user name, password, and captcha code.
Step 5
Check IPO allotment status on the new page that will open.
How to check IPO allotment status via BSE?
Step 1
Visit BSE's official website - www.bseindia.com.
Step 2
In the menu bar, select 'Investors', and a new page will load.
Step 3
Next, move the pointer to the menu's 'Investor Services' section and choose 'Status of issue application'.
Step 4
Under 'Issue Type', select 'Equity'.
Step 5
Choose the IPO from the drop-down option under 'Issue Name'.
Step 6
Enter PAN or application number.
Step 7
Click 'I am not a Robot' to confirm your identity, then click the 'Submit' button.
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