Indegene Ltd IPO share allotment status likely to be finalised on May 9, check details here
Upstox
3 min read • Updated: May 8, 2024, 8:00 PM
Summary
Indegene Limited public offer received a bumper response from investors with the issue getting subscribed by more than 69 times. According to exchange data, investors placed bids for 201.13 crore equity shares against 2.88 crore shares on offer. Shares of Indegene Ltd IPO are tentatively scheduled to get listed on the NSE and BSE on May 13.
Indegene Limited IPO share allotment status is expected to be finalised on Thursday, May 9, following the successful closure of the subscription window.
The Indegene IPO received a robust response from public investors during the bidding phase. Investors are now eagerly awaiting the share allotment by the company. Successful bidders will be informed through emails and SMS by the company about share allotment.
Investors can also check the share allotment status on the official websites of NSE, BSE and IPO registrar Link Intime India Private Ltd.
Follow these steps to check Indegene Limited share allotment status.
How to check Indegene IPO share allotment status on registrar website?
- Step 1: Go to Link Intime India Pvt ltd website (https://www.linkintime.co.in/ )
- Step 2: Click on Investor Services and select public issues
- Step 3: Select the company Indegene Ltd
- Step 4: Enter either your PAN, application No, DP/Client ID or Account No / IFSC
- Step 5: Submit to check allotment status
Steps to check Indegene IPO share allotment status on BSE website
- Go to BSE website (https://www.bseindia.com )
- Click on public issues
- Click on Application Status, or directly visit the link at https://www.bseindia.com/investors/appli_check.aspx
- Select Indegene Limited from the Dropdown List
- Enter your application number and PAN details
- Click to check allotment details
You can also check the IPO allotment status on the NSE website by using PAN and bank account details by directly visiting this link: https://www.nseindia.com/products/dynaContent/equities/ipos/ipo_login.jsp.
Before checking IPO allotment status, you need to log in using ID and password.
It’s important to note that the company name and IPO share allotment details will appear on screen only after the company finalises the share allocation.
Indegene IPO subscription
Indegene Limited public offer received a bumper response from investors with the issue getting subscribed by more than 69 times. According to exchange data, investors placed bids for 201.13 crore equity shares against 2.88 crore shares on offer.
Qualified Institutional buyers placed applications for 155.98 crore equity shares against the quota of 78.95 lakh shares, resulting in oversubscription of 197.55 times.
Non Institutional Investors’ portion was booked 54.70 times. Bids for 33.90 crore equity shares were placed against 61.97 lakh equity shares on offer.
Retail Individual Investors’ category was booked 5.74 times. Bids for 11.04 crore equity shares were received against 1.44 crore shares on offer.
Shares reserved for employees were oversubscribed by 6.25 times. Bids for 19.53 lakhs shares poured in against 3,12,500 on offer.
Also read: Key things to know about Aadhar Housing Finance IPO
Indegene IPO price band, lot size and listing
The ₹1,841.76 crore Indegene IPO, a book built issue, comprised a fresh issue of 1.68 crore shares worth ₹760 crores and an Offer-for-Sale (OFS) component of 2.39 crore shares worth ₹1,081.76 crore.
The public offer opened for subscription on May 6 and closed on May 8. Indegene IPO will list shares on BSE, NSE on Monday, May 13.
The company fixed the price band at ₹430 to ₹452 per share. The minimum lot size was 33 shares. The minimum amount of investment was ₹14,916.
Kotak Mahindra Capital Company Limited, Citigroup Global Markets India Private Limited, J.P. Morgan India Private Limited and Nomura Financial Advisory And Securities (India) Pvt Ltd are the book running lead managers.