The allotment of shares for the Baazar Style Retail IPO, which closed on September 3, 2024, is expected to be finalized today, September 4. This IPO attracted significant investor interest, with a subscription rate of 40.66 times the available shares, driven primarily by Qualified Institutional Buyers (QIBs).
Investors can check their allotment status through the following methods:
- On Link Intime India Website: Visit Link Intime India, select “Baazar Style Retail IPO” from the dropdown menu, and enter your PAN, application number, or DP/Client ID to view your allotment status.
- On BSE Website: Go to the BSE IPO allotment page, select ‘Equity’ in the Issue Type section, choose “Baazar Style Retail IPO,” and enter your PAN or application number.
- On NSE Website: Access the NSE IPO page, log in with your PAN, and check your allotment status.
The shares are expected to be credited to the investors’ demat accounts on September 5, with the listing on BSE and NSE slated for September 6. The current grey market premium (GMP) suggests a potential listing price of around ₹454 per share, reflecting a 16.71% increase from the IPO price( mint, Hindustan Times, Business Standard ).
Comments 2