Entero Healthcare Solutions IPO allotment expected today: Here’s how to check status online

The Entero Healthcare Solutions IPO share allotment is expected to be finalised on Wednesday, February 14. The bidders are waiting for the Entero Healthcare Solutions IPO allotment status after the issue closed with a full subscription on Tuesday, February 13.

Despite a subdued response on the first two days of subscription, the IPO was subscribed 1.53 times on the final day. The IPO subscription was open for retail bidders from February 9 to February 13.

Entero Healthcare Solutions shares are expected to be listed on the stock exchanges on February 16.

The investors, who have bid for the Entero Healthcare Solutions shares can check the allotment status online through the official websites of the BSE or the registrar. Link Intime India Private Limited has been appointed the registrar for the Entero Healthcare Solutions IPO.

Here’s how check Entero Healthcare Solutions Ltd IPO allotment status online:

• Log on to the official website of BSE at https://www.bseindia.com/investors/appli_check.aspx.
• Select ‘equity’ as the issue type on the homepage.
• Select Entero Healthcare Solutions Limited as the issue name from the drop-down menu.
• Enter the required credential like the IPO application number or PAN details.
• Complete the verification process and click on the search button. The allotment details will appear on your screen.

The investors can also check the Entereo Healthcare Ltd IPO allotment status status on the official registrar’s website using PAN details, client ID or bank account number.

Steps to check Entero Healthcare IPO allotment status on official registrar’s website:

• Log on to linkintime.co.in.
• Click on the public issue section under the Investor Services section on the homepage.
• Click on Entereo Healthcare Solutions from the dropdown menu. The name of the company will appear in the list only after the finalisation of allotment status.
• Next, enter the required credentials including PAN details, the IPO application number, DP/Client ID, or bank account number/IFSC for the customer identification process.
• Click on Submit.
• The allotment status will appear on the screen.

In case of final allotment, the number of shares will be displayed on the screen for successful bidders.

After finalisation of the allotment status, crediting of shares in the demat account of the successful bidders is expected on February 15 and the refunds for those who could secure the shares will also be initiated.

Entero Healthcare Solutions IPO: Subscription status, offer size and price band

Entero Healthcare Solutions Limited received bids for 1,09,49,884 shares as against 71,50,100 on offer, marking 1.53 times oversubscription. The qualified institutional buyers (QIBs) portion was subscribed 2.28 times whereas in the case of retail investors, the subscription stood at 0.63 times. The IPO, however, received lukewarm response from non-institutional investors (NIIs). This section was subscribed only 0.22 times the allotted numbers.

Entero Healthcare Solutions Limited IPO price band was fixed at ₹1,195 to ₹1,258 per equity share of the face value of ₹10 each. The company raised ₹716 crore from 25 anchor investors at the upper price band of ₹1,258 per equity share.

The Entero Healthcare Solutions Limited IPO has appointed ICICI Securities Limited, Dam Capital Advisors Limited, Jefferies India Private Limited, JM Financial Limited and SBI Capital Markets Limited as the book-running lead managers.

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