Kaynes Technology IPO subscription closes today; know share allotment date, GMP, more

The bidding process of the Kaynes Technology IPO will close today. From latest GMP to checking share allotment status online, here is all you need to know.

Know Kaynes Technology IPO latest GMP, allotment status and other details. (Kaynes Technology website)

Want to subscribe to the initial public offering (IPO) of the Kaynes Technology India Limited's (KTIL)? You need to do it today, as the issue closes for subscription on Monday, November 14. The IPO opened for the bidding process on Thursday, November 10, 2022 and got subscribed 1.10 times on the second day of subscription on Friday. As per market observers, Kaynes Tech shares are available at a premium (GMP) of Rs. 115 in the grey market today, according to a report by Live Mint.

On the second day of the bidding process, the shares reserved for the retail category got subscribed 0.47 times, 2.45 times in the QIB category, and 0.77 times in the NII category. The share allotment status of the Kaynes Technology IPO is likely to happen on November 17, 2022. While the shares of the company will get listed on the exchanges- BSE and NSE on November 22.

Once the Kaynes Technology IPO share allotment status will be finalised and declared, investors will be able to check the same online by visiting the official website of BSE or the registrar of the IPO. It can be known that the registrar of the Kaynes Technology IPO is Link Intime India Private Ltd. Here are the steps you will have to follow to check the Link Intime India Private Ltd share allotment status.

How to check Kaynes Technology IPO share allotment status via BSE

1. Visit the official website of BSE or click on the direct link given here— https://www.bseindia.com/investors/appli_check.aspx.

2. Select the name of the company- Kaynes Technology IPO in the menu (will appear only after the finalisation of the allotment status).

3. Enter your application number allotted for Kaynes Technology IPO.

4. Then enter your Permanent Account Number (PAN card number).

5. Click at 'I'm not a robot' and confirm the captcha.

6. At last click at the 'Submit' button and the allotment status will be displayed on the screen.

How to check Kaynes Technology IPO share allotment status online via Link Intime

Step 1:

Visit the official website of Link Intime or click on the links mentioned here- https://linkintime.co.in/IPO/public-issues.html or https://linkintime.co.in/MIPO/Ipoallotment.html.

Step 2:

Select one option among our PAN card number, Application number or DP Client ID from the top bar.

Step 3:

Select the name of the company that is Kaynes Technology IPO from the drop down menu.

Step 4:

Tap search and you will get your IPO share allotment status displayed on the screen of your device.