If you have placed a bid for the Smartworks Coworking Spaces IPO allotment, which opened on July 10 and closed on July 14, your wait is nearly over. The allotment of shares is expected to be finalised today, July 15, while the listing is scheduled for July 17.
The price band for the IPO was set at Rs 387 to Rs 407 per share.
Here’s a quick and easy guide to check your IPO allotment status online.
Smartworks Coworking Spaces 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 ‘Smartworks Coworking Spaces 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 ‘Smartworks Coworking Spaces 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.
- Select ‘Smartworks Coworking Spaces 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.
Smartworks Coworking Spaces IPO: Subscription snapshot
The Smartworks Coworking Spaces IPO by the end of the bidding window, the overall subscription stood at 13.92 times.
- Qualified Institutional Buyers (QIBs): 24.92 times
- Non-Institutional Investors (NIIs): 23.68 times
- Retail Investors: 3.69 times
Smartworks Coworking Spaces IPO: Grey Market
The grey market premium (GMP) for Smartworks Coworking Spaces IPO is currently around Rs (GMP), suggesting a likely listing price of Rs 16. This translates to a potential gain of around 3.93% from the upper end of the price band. However, GMP is unofficial and may not always reflect actual listing performance.
Smartworks Coworking Spaces IPO: IPO details
The public issue of Smartworks Coworking Spaces IPO was open for subscription from July 10 to July 14, with the company aiming to raise Rs 582.56 crore through the initial public offering. The price band for the issue was fixed between Rs 387 and Rs 407 per share.
The issue is being managed by JM Financial, while MUFG Intime is acting as the registrar. Once the allotment process is completed, the shares are scheduled to be listed on both NSE, BSE on July 17.
