If you have placed a bid for the Indogulf Cropsciences IPO, which opened on June 26 and closed on June 30, your wait is nearly over. The allotment of shares is expected to be finalised on July 1, while the listing is scheduled for July 3.
The price band for the IPO was set at Rs 105 to Rs 111.
Here’s a quick and easy guide to check your IPO allotment status online.
Indogulf Cropsciences IPO: 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 ‘Indogulf Cropsciences IPO’.
- 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 ‘Indogulf Cropsciences 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 Bigshare Services.
- Select ‘Indogulf Cropsciences 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.
Indogulf Cropsciences IPO: Subscription snapshot
The Indogulf Cropsciences IPO by the end of the bidding window, the overall subscription stood at 27.17 times.
Qualified Institutional Buyers (QIBs): 31.73 times
Non-Institutional Investors (NIIs): 49.06 times
Retail Investors: 14.97 times
Indogulf Cropsciences IPO: Grey Market
The grey market premium (GMP) for is currently around Rs 12, suggesting a likely listing price of Rs 123. This translates to a potential gain of around 10.81% from the upper end of the price band. However, GMP is unofficial and may not always reflect actual listing performance.
Indogulf Cropsciences IPO: Key details of the issue
The public issue of Indogulf Cropsciences IPO was open for subscription from June 26 to June 30, with the company aiming to raise Rs 200 crore through the initial public offering. The price band for the issue was fixed between Rs 105 and Rs 111 per share.
The issue is being managed by Systematix Corporate Services , while Bigshare Services is acting as the registrar. Once the allotment process is completed, the shares are scheduled to be listed on both NSE, BSE on July 3.