The wait for investors who applied to the much-talked-about Amanta Healthcare IPO is almost over. The share allotment for the issue is likely to be finalised today, September 4. During its three day bidding window, the IPO was subscribed 82.52 times. Let’s take a look at how to check the allotment status online-
How to Check Allotment Status
For investors eagerly waiting to know if they got lucky in this heavily subscribed issue, checking allotment status is straightforward.
How to check IPO allotment status Via BSE Website
- Visit the BSE IPO allotment status page.
- Select ‘Equity’ as the issue type.
- From the dropdown, select ‘Amanta Healthcare IPO’
- Enter your application number or PAN.
- Complete the captcha by ticking ‘I’m not a robot’ and click on Search.
Via NSE Website
- Go to the NSE IPO application tracking page.
- Thereafter, click on ‘Equity and SME IPO Bid Details’.
- Click on ‘Amanta Healthcare IPO’ from the list.
- Provide the details such as your application number and PAN.
- Submit to view your allotment status.
Via the Registrar’s Website
- Go to the official site of the registrar MUFG Intime.
- Click on ‘Amanta Healthcare IPO’ from the dropdown.
- Choose any of the following: PAN, Application Number, DP ID/Client ID, or Bank Account Number.
- Fill in the necessary details and press Search to check your status.
Grey Market Premium: A cooling trend
Interestingly, the grey market premium (GMP) for Amanta Healthcare has cooled off since the IPO opened. As of the latest trend, in the grey market the shares of the company were trading around Rs 134–135, a 6–7% premium over the issue price.
This is sharply lower than the nearly 20% GMP quoted when bidding began. However, it is important to note that GMP is note the actual listing price and may fluctuate based on the market sentiment.
IPO Snapshot: Subscription and fundraise
Amanta Healthcare raised Rs 126 crore through a fresh issue of 1 crore shares, priced between Rs 120–126 apiece. The company is eyeing a valuation close to Rs 500 crore.
Ahead of the IPO opening, Amanta also attracted six institutional investors through its anchor book, raising Rs 37.8 crore. The anchor allocation included a sizeable chunk of 7.93 lakh shares to Bandhan Mutual Fund via its Small Cap Fund.