Clinitech Laboratory IPO allotment expected today: Steps to check status online on BSE, registrar portal

Clinitech Laboratory IPO allotment is expected to be finalised on July 30 following an encouraging response from investors during the issue subscription stage. The initial share sale (IPO) opened for public subscription on July 25 and closed on July 29.

The SME IPO, scheduled to be listed on the BSE SME platform on August 1, is a fixed-price issue of ₹5.78 crore. The public offering by the diagnostic and health testing services provider comprises a fresh issue of 6.02 lakh shares. There is no offer-for-sale (OFS) portion in the IPO.

Once the company finalises the basis of the allotment of shares under the IPO, refunds will be initiated for those who were unsuccessful in receiving the shares, on July 31. Transfer shares to the Demat accounts of successful investors will also be done on the same day.

Before that investors who have participated in the IPO bidding are keen to know if they have been allotted IPO shares. Investors can check the Clinitech Laboratory IPO allotment status via the BSE website or registrar portal. Bigshare Services Pvt Ltd is serving as the registrar to the Clinitech Laboratory IPO.

Steps to check Clinitech Laboratory IPO allotment status on the BSE:

• Visit the BSE website.
• Go to the "Investor Relations" tab
• Select "Public Issues"
• Click on the Application Status link
• From the list of company names, select "Clinitech Laboratory IPO"
• Enter your PAN details or application number
• Submit the information to check the details

Steps to check Clinitech Laboratory IPO allotment status through registrar Bigshare Services Pvt Ltd portal.

• Visit the official website of Bigshare Services Pvt Ltd
• Click the 'IPO Allotment Status' tab
• Select any one server to know your IPO Allotment Status
• Select the company name from the dropdown list
• Enter Application No./Beneficiary ID/ PAN (any one from three)
• Fill in 'Captcha' and search to know your IPO allotment status.

Only successful bidders will be able to see the allotment of shares after the company is done with the finalising basis of allotment.

Clinitech Laboratory IPO subscription details:

Clinitech Laboratory IPO was subscribed 39 times, receiving bids for 2.22 crore shares against 5.71 lakh shares offered. Retail investors bid for 1.49 crore shares against 3.01 lakh shares offered to them. Retail subscribers booked their portion 49.61 times. In the ‘other category’, the IPO was booked 23.28 times, receiving applications for over 70 lakh shares against 3.01 lakh shares allocated for subscription.

Clinitech Laboratory IPO details:

Clinitech Laboratory launched its IPO at a fixed price of ₹96 per share. The minimum application lot size is 1,200 shares, requiring retail investors to invest at least ₹1,15,200. For high net-worth individuals (HNIs), the minimum investment is 2 lots (2,400 shares), totalling ₹2,30,400.

Inventure Merchant Banker Services Pvt Ltd is the book-running lead manager for the Clinitech Laboratory IPO. Svcm Securities is the market maker.