If you have placed a bid for the Knowledge Realty Trust REIT IPO, which opened on August 5 and closed on August 7, your wait is nearly over. The allotment of shares is expected to be finalised today, August 12, while the listing is scheduled for August 18.
The price band for the IPO was set at Rs 100.
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 ‘Knowledge Realty Trust REIT’.
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 ‘Knowledge Realty Trust REIT’ 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 Kfin Technologies.
Select ‘Knowledge Realty Trust REIT’ 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 Knowledge Realty Trust REIT by the end of the bidding window, the overall subscription stood at 12.28 times.
Qualified Institutional Buyers (QIBs): 9.07 times
Non-Institutional Investors (NIIs): 16.57 times
Grey Market
The grey market premium (GMP) for Knowledge Realty Trust REIT is currently around Rs 1.5, suggesting a likely listing price of Rs 100. This translates to a potential gain of around 1.50% from the upper end of the price band. However, GMP is unofficial and may not always reflect actual listing performance.
IPO details
The public issue of Knowledge Realty Trust REIT was open for subscription from August 5 to August 7, with the company aiming to raise Rs 4,800 crore through the initial public offering. The price band for the issue was fixed at Rs 100 per share.
The issue is being managed by Kotak Mahindra Capital, ICICI Securities , JM Financial, SBI Capital Markets, BOFA Securities, Morgan Stanley India, IIFL Capital Services., Axis Capital, while Kfin Technologies is acting as the registrar. Once the allotment process is completed, the shares are scheduled to be listed on NSE, BSE on August 18.