Sula Vineyards IPO share allotment: Know date, how to check status online, GMP, and more

The bidding process of the Sula Vineyards IPO has ended and now people are waiting for the finalisation of the share allotment status. Know Sula Vineyards IPO share allotment date, latest GMP, and more here.

Here are the steps using which you can check the Sula Vineyards IPO share allotment status online via BSE and KFin Technologies. (Sula Vineyards website)

Sula Vineyards IPO share allotment status: Have you subscribed for the initial public offering (IPO) of the Sula Vineyards Limited? The company opened for subscription on December 12 and concluded the bidding process after three days on December 14. On the final day of the bidding, the public issue got fully subscribed and now investors are eagerly waiting for the finalisation of the Sula Vineyards IPO share allotment status. Before that let us tell you that the Sula Vineyards IPO is trading at a premium (GMP) of Rs. 10 in the grey market today, according to iPOWatch.

On the last day of the subscription, the Sula Vineyards IPO received 2.33 times bids. The shares reserved for the Qualified Institutional Buyers (QIBs) were subscribed 4.13 times, non-institutional investors(NIIS) 1.51 times and retail individual investors 1.65 times.

The Sula Vineyards IPO share allotment status is likely to be finalised on December 19. Once the share allotment status is released investors will be able to check the same online by visiting the official website of BSE or the registrar of the IPO- KFin Technologies Limited. Meanwhile, it can be known that the company will list on both the stock exchanges- BSE and NSE. The listing date is expected to be December 22.

Here are the steps you can follow to check the Sula Vineyards IPO share allotment status online:

How to check Sula Vineyards IPO share allotment status online 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 Sula Vineyards IPO in the menu. Notably, the name of the company will be available only after the finalisation of the share allotment status.

3. Enter your application number allotted for Sula Vineyards 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. You will be able to see the Sula Vineyards IPO allotment status displayed on the screen.

How to check Sula Vineyards IPO share allotment status online via KFin Technologies

Step 1:

Go to the official website of the registrar of the IPO that is KFin Technologies. You can also click on either of the links-

https://kcas.kfintech.com/ipostatus/ or https://kprism.kfintech.com/ipostatus/.

Step 2:

Select the name of the IPO (Sula Vineyards IPO) in dropbox.

Step 3:

Select either one of the three modes: Application number, Client ID or PAN ID.

Step 4:

Enter the application details.

Step 5:

Enter the captcha and click on the submit button. And you will be able to check the status on your screen.