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  1. RK Swamy IPO share allotment finalised, here’s how to check status online

RK Swamy IPO share allotment finalised, here’s how to check status online

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3 min read • Updated: March 7, 2024, 6:57 PM

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Summary

RK Swamy Ltd IPO closed with a bumper response from investors on the final day of bidding on March 6. The public issue was subscribed to over 25 times. Shares of RK Swamy Ltd are expected to be listed on the stock exchanges on March 12.

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RK Swamy IPO share allotment finalised, here’s how to check status online

RK Swamy IPO share allotment has been finalised by the company after a strong response to the public issue during the subscription period. The share allotment for the initial public offer of RK Swamy Ltd was finalised on Thursday, March 7.

The investor waiting for the IPO share allotment status can check the allocation details online through the official websites of BSE and the IPO's registrar, Kfin Technologies Ltd.

How to check RK Swamy IPO allotment?

  • Log on to the official website of RK Swamy IPO registrar--https://ris.kfintech.com/ipostatus/
  • Click on any one of the links on the homepage to proceed with your request.
  • Here, select RK Swamy Limited from the drop-down list.
  • Choose one of the three options -- Application number, Demat account or PAN.
  • Enter the required credentials-- PAN or DPID-- as per your previous selection.
  • Enter the captcha code displayed on the screen.
  • Click on submit.

Your allotment status will be displayed on your screen. In case of final selection, the number of allotted shares will also be displayed.

How to check RK Swamy IPO allotment via BSE?

  • Log on to BSE's official website-- https://www.bseindia.com/investors/appli_check.aspx
  • Under the "Issue Type" click on "Equity".
  • Click on RK Swamy Limited from the IPO list.
  • Enter the required credentials - application number or PAN number- to proceed with your request.
  • Enter the captcha code displayed on the screen.
  • Click on the search button to proceed with your request.
  • Your allotment status will be displayed on the screen.
  • Download or save the IPO allotment for future use.

Credit of shares into the demat account of the successful bidders along with initiation of refunds for the non-allottees will be done on March 11. Shares of RK Swamy Ltd are expected to be listed on the National Stock Exchange and BSE on Tuesday, March 12.

RK Swamy Ltd IPO closed with a bumper response from investors on the final day of bidding on March 6. The public issue was subscribed to over 25 times. The company received bids for 21,35,31,650 shares against 82,32,946 shares on offer.

The qualified institutional buyers’ (QIBs) portion was subscribed over 20.5 times while the non-institutional investors’ segment was subscribed over 34 times. The retail segment saw bidding 34 times to the shares on offer for the category.

RK Swamy Ltd, an integrated marketing company, intends to raise ₹424 crore through the IPO.

RK Swamy Ltd offers services in three segments --integrated marketing communications, customer data analytics and marketing technology, and full-service market research and syndicated studies.