If you have placed a bid for the Anand Rathi Share and Stock Brokers, which opened on September 23 and closed on September 25, your wait is over. The allotment of shares will be finalised on September 26, while the listing is scheduled for September 30. The bidding price for the IPO was set at Rs 393-Rs 414 per equity share.
Here’s a quick and easy guide to check your IPO allotment status online.
How to check IPO allotment status
Via BSE Website
Go to the BSE IPO allotment status page.
Select ‘Equity’ as the issue type.
From the dropdown, choose Anand Rathi Share.
Enter your application number or PAN.
Complete the captcha by ticking ‘I’m not a robot’ and click on Search.
Via NSE Website
Visit the NSE IPO application tracking page.
Then, click on ‘Equity and SME IPO Bid Details’.
Select ‘Anand Rathi Share’ 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 India Pvt. Ltd. (Link Intime).
Select ‘Anand Rathi Share’ 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.
Subscription snapshot
The Anand Rathi Share IPO saw a strong response from investors. By the end of the bidding window, the overall subscription stood at 21.83 times.
Qualified Institutional Buyers (QIBs): 46.25 times
Non-Institutional Investors (NIIs): 30.16 times
Retail Investors: 5.11 times
Employee category: 2.70 times
Grey Market
The grey market premium (GMP) for Seshaasai Technologies is currently around 7.5%, suggesting a likely listing price of Rs 445. This translates to a potential gain of around Rs 1,116 on a single lot. However, GMP is unofficial and may not always reflect actual listing performance.
IPO details
The issue is being managed by Nuvama Wealth Management, while MUFG Intime India Pvt. Ltd. (Link Intime) is acting as the registrar. Once the allotment process is completed, the shares are scheduled to be listed on NSE and BSE on September 30.