Anand Rathi Wealth IPO allotment date, GMP: Know when and how to check status online
Anand Rathi Wealth IPO allotment date, GMP: The announcement is likely tomorrow. Check Anand Rathi Wealth IPO GMP too.
Anand Rathi Wealth Limited closed its initial public offering (IPO) on Monday, December 6, which was the last day to subscribe to the offer after commencing from December 2. The price band was fixed at ₹530-550 per share. Notably, Anand Rathi Wealth IPO GMP (grey market premium) is on its way down from being at INR 125 to INR 25 today, according to market trackers. The company raised around ₹194 crore from the key investors during its initial offering. The IPO of Anand Rathi received bids for 8,29,21,509 shares as against the offered shares of 84,75,000. Now, investors would be looking forward to know whether they will get any shares. To know that, first know the Anand Rathi Wealth IPO allotment date.
By the end of the third and the last day, Anand Rathi IPO had been subscribed 9.78 times with retail individual investors to be overbooked by 7.76 times as it received 31900851 bids against the 4112500 shared bids. The non-institutional category bid 25.42 times with 44808147 shares and Qualified Institutional Buyers (QIBs) subscribed 2.5 times, NSE data showed.
As the bidding is closed for the Anand Rathi IPO, the investors must be expecting the final allotment. You should know that the Annd Rathi Wealth IPO share allotment status will be announced tomorrow, which is December 9. Anand Rathi IPO subscribers can check the allotment status online on the Bombay Stock Exchange (BSE) website and via the official registrar of the company's IPO Link Intime India Private Limited website.
Steps to check Anand Rathi Wealth IPO allotment status on BSE
Step 1 - You will need to log in to the BSE website, which is bseindia.com or you can go to with this direct link - https://www.bseindia.com/investors/appli_check.aspx.
Step 2 - Following that, click on Anand Rathi IPO in the menu.
Step 3 - Then, enter your application number allotted for Anand Rathi IPO and your Permanent Account Number (PAN card number).
Step 4 - Confirm the captcha by checking the 'I'm not a robot' box.
Step 5 - Finally tap the ‘Submit'
You will be able to see the final allotment status of Anand Rathi IPO on the BSE India website screen tomorrow.
How to check Anand Rathi Wealth IPO allotment status via Link Intime
Step 1 - Visit the official website of Link Intime via link - https://linkintime.co.in/MIPO/Ipoallotment.html .
Step 2 - Then select one option among our PAN card number, Application number or DP Client ID from the top bar
Step 3 - Select the company from the drop down menu (The name of the company will be available in the option only after the allotment announcement)
Step 4 - Tap search
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