The iValue Infosolutions IPO is set to close today, September 22. If you are interested in applying for this IPO, this is your last chance to participate. But the big question on everyone’s mind now on the final day is – Will this IPO deliver listing gains, or is it too close to call?
With just hours left, let’s take a look at what investors need to know before the subscription window shuts.
iValue Infosolutions IPO: Key details of the issue
Opened on September 18, the IPO has a price band of Rs 284-299 per share. The issue is a mainboard offering, fully reserved for Offer for Sale (OFS). The IPO is planning to raise Rs 560.29 crore.
Furthermore, after its bidding and allotment process, the issue is scheduled to list on both BSE and NSE on September 25.
iValue Infosolutions IPO: Grey market premium trend
As per the latest trend, the shares of iValue Infosolutions IPO is trading at a GMP of Rs 3. This small premium indicates a potential listing price just around 1% higher than the upper end of the price band.
It is important to note that GMP is not the official listing price. It fluctuates based on the market conditions.
iValue Infosolutions IPO: Subscription status
As of the morning in its Day 3 of bidding, the IPO is subscribed 1.00 times overall so far. Breaking it down:
Retail investors: 1.01 times
Qualified Institutional Buyers (QIBs): 1.22 times
Non-Institutional Investors (NIIs): 0.68 times
iValue Infosolutions IPO: How to check allotment
After the bidding closes today, the allotment of shares of iValue Infosolutions is likely to be finalised on September 23.
Investors can track allotment via BSE, NSE, or the registrar KFin Technologies.
Step-by-step guide to check the allotment status –
- Via BSE Website
– Visit the BSE IPO allotment status page
– Select “Equity” as the issue type.
– From the dropdown, choose iValue Infosolutions IPO.
– Enter your Application Number or PAN.
– Complete the captcha (“I’m not a robot”).
– Click Search to view your allotment status.
- Via NSE Website
– Go to the NSE IPO application tracking page
– Click on “Equity and SME IPO Bid Details”.
– Select iValue Infosolutions IPO from the list.
– Enter your Application Number and PAN.
– Click Submit to see your allotment status.
- Via Registrar’s Website (KFin Technologies)
– Visit the official site of KFin Technologies.
– Select iValue Infosolutions IPO from the dropdown.
– Choose any of the following to identify your application – PAN, Application Number, DP ID / Client ID, Bank Account Number
– Fill in the details and click Search to check your allotment