iValue Infosolutions IPO fully subscribed on final day: Check allotment date and steps

iValue Infosolutions IPO was fully subscribed on the third and final day of bidding on Monday, September 22.

The initial public offering received bids for 1,52,93,650 shares against 1,31,17,272 shares on offer, leading to a 1.17 times subscription, according to the NSE data until 1:30 pm.

The qualified institutional buyers (QIBs) category garnered 1.41 times subscription. The part for retail individual investors (RIIs) received 1.13 times subscription, and the quota for non-institutional investors got subscribed 92%.

The ₹560.29 crore initial share sale, with a price band of ₹284 to ₹299 per share, is only an offer-for-sale (OFS) of 1.87 crore equity shares. A lot consists of 50 shares.

As part of the issue, private equity firm Creador's affiliate Sundara (Mauritius) Ltd will sell 1.10 crore equity shares, while promoters will offload 38 lakh shares.

Since the issue is exclusively an OFS, all IPO proceeds will go to the selling shareholders rather than the firm.

iValue Infosolutions Ltd is an enterprise technology solutions specialist offering comprehensive, purpose-built solutions for securing and managing digital applications and data.

iValue Infosolutions IPO: Allotment date

The basis of allotment of the iValue Infosolutions IPO is likely to be finalised on Tuesday, September 22.

How to check iValue Infosolutions IPO allotment status on NSE

• Go to NSE's bid finalisation page: https://www.nseindia.com/invest/check-trades-bids-verify-ipo-bids
• Pick ‘Equity & SME IPO bid details’
• Select 'iValue Infosolutions Limited' under the symbol 'IVALUE'
• Add PAN details and application number
• Click on 'Submit'

Steps to check iValue Infosolutions IPO allotment status on BSE

• Visit this link: https://bseindia.com/investors/appli_check.aspx
• 'Equity' should be kept as the issue type
• Choose 'iValue Infosolutions Limited' from IPO names
• Mention PAN or IPO application number
• Press the 'Search' button

iValue Infosolutions IPO allotment status on KFin Technologies

• Go to the IPO page of registrar at https://ipostatus.kfintech.com/
• In the ‘Select IPO’ list, select ‘iValue Infosolutions Limited’
• Mention either your IPO application number, PAN or Demat account number
• Click on ‘Submit’

iValue Infosolutions IPO latest GMP

According to investorgain.com and media reports, unlisted shares of the iValue Infosolutions IPO are trading at ₹302 per share, reflecting a grey market premium (GMP) of 1% over the upper price band of ₹299.