Awfis Space Solution IPO allotment status expected on May 28: Steps to check share allocation online

Awfis Space Solution Ltd IPO share allotment status is expected to be finalised on Tuesday, May 28, after the public issue closed with a bumper subscription of 108 times. The ₹598.93-crore public offer of the company closed for subscription on May 27. Investors are now waiting for the share allotment status after placing robust bids for the IPO.

Investors can check the status of share allotment in easy steps on the websites of IPO registrar and bourses BSE and NSE once it is finalised by the company. Follow these steps to check the Awfis Space Solution IPO share allotment.

How to check Awfis Space Solution share allotment on IPO registrar website

• Step 1 : Open Bigshare Services Pvt Ltd website- https://www.bigshareonline.com

• Step 2. Select any server

• Step 3. Click on IPO allotment status and a new page will open

• Step 4. Select Awfis Space Solution Ltd from the list

• Step 5. Fill Application number or PAN ID

• Step 6. Complete the 'captcha' to verify

• Step 7. Click the "Search" button to check your allotment status

How to check Awfis Space Solution Ltd share allotment on NSE

• Step 1. Open NSE IPO allotment status page: https://www.nseindia.com/products/dynaContent/equities/ipos/ipo_login.jsp

• Step 2. Login with username and password

• Step 3. Select Energy Mission Machineries (India) Ltd

• Step 4. Verify PAN No

• Step 5. Enter IPO application No

• Step 6. Click on Submit

The investors can also check the IPO allotment status on the BSE website using the PAN and bank details.

Awfis Space Solution Ltd IPO details

Awfis Space Solution Ltd public offer was a book-built issue comprising a fresh issue of 33 lakh shares worth ₹128 crore and an Offer for Sale component of 1.23 crore shares worth ₹470.93 crore. The issue was priced at ₹364 to ₹383 per share. The minimum lot size was 39 shares for retail investors. The public offer opened for subscription on May 22 and closed on May 27. The company is expected to start refunds and credit of shares to the Demat accounts on May 29. The company has proposed to list shares on May 30.

Awfis Space Solution Ltd IPO subscription

At the close of bidding, the Awfis Space Solution Ltd public offer was subscribed more than 108 times. Applications for 93.68 crore shares were received against 86.29 lakh shares offered for subscription.

Qualified institutional buyers’ portion was booked nearly 117 times on strong demand. Applications for 54.68 crore shares were received against 46,75,656 shares on offer.

The Non-Institutional Investors’ (NIIs) quota was booked around 130 times. Bids for 30.34 crore shares were received against 23,37,827 shares on offer.

Retail Individual Investors’ portion was booked more than 54 times. Bods for 8,50,70,778 shares were received against 15,58,551 shares on offer.

Shares reserved for employees were booked 25 times as bids for 14,52,243 shares were received against 57,636 shares on offer.

Awfis Space Solutions Limited provides workspace solutions such as mobility solutions, flexible workspaces, and custom office spaces to individuals, SMEs, start-ups and large corporations.

The company has proposed to utilise funds for establishing new centres and funding working capital requirements.