Apeejay Surrendra Park Hotels IPO: Steps to check share allotment status
Upstox
2 min read • Updated: February 29, 2024, 3:37 PM
Summary
If you have been allotted Apeejay Surrendra Park Hotels shares successfully, you can expect to receive them in your demat account by 9th February.
The initial public offering (IPO) of Apeejay Surrendra Park Hotels Ltd, a hospitality chain, has received a tremendous response from investors. The IPO worth ₹920 crore received bids for nearly 60 times the total number of shares on offer by the end of the last day of bidding, i.e., 7th February.
According to data from stock exchanges, the Apeejay Surrendra Park Hotels IPO garnered a total subscription of 59.66 times. The institutional investors' portion was subscribed 75.14 times, while the non-institutional investors' quota was subscribed 52.41 times. The retail investors' portion bid 30.35 times, and the employee quota was oversubscribed 5.42 times.
The book-build offer had a price range of ₹147 to ₹155 per share, and the lot size consists of 96 equity shares. The high demand for the offer means that the next step will be share allocation, which is expected to be finalised on 8th February.
The share allotment status can be checked either on the official website of the registrar for the IPO linkintime.co.in or on the BSE website.
How to check allotment status on Link Intime Pvt Ltd?
- Visit the public issues section on linkintime.co.in.
- Select ‘Apeejay Surrendra Park Hotels’ from the dropdown menu. If the company's name is not visible there, the allotment status has not been finalised yet.
- After selecting the company name, enter the required details and click 'submit'. -You can see the allotment status on your screen which will tell whether you have been allotted shares or not. The screen will display the number of shares allotted.
How to check allotment status on BSE website?
- Visit the BSE website: https://www.bseindia.com/investors/appli_check.aspx.
- Select the issue type as ‘equity’.
- Choose ‘Apeejay Surrendra Park Hotels’ from the dropdown menu.
- Enter the required details, and allotment details will appear on your screen.
If you have been allotted Apeejay Surrendra Park Hotels shares successfully, you can expect to receive them in your demat account by 9th February. However, if shares have not been allotted, refunds may be initiated.
The stock is expected to list on the BSE and NSE on 12th February.
To know more about IPOs listing, schedule and upcoming IPOs, click here