Adani Wilmar IPO Share Allotment: The allotment of shares under Adani Wilmar IPO is to be held tomorrow i.e. on February 3. At the same time, shares will be transferred to the demat account of successful investors by February 7.
Adani Wilmar IPO share allotment: The IPO of Adani Wilmar, a company of Adani Group, which makes edible oil and other food products, has received a good response from investors. This issue is subscribed 18 times overall. From qualified institutional buyers to retail investors, everyone has shown craze for it. The allotment of shares under the IPO is to be done tomorrow i.e. on February 3. At the same time, shares will be transferred to the demat account of successful investors by February 7. Adani Wilmar’s stock is to be listed in the market on 8 February. This stock may get listed at a premium in the market and investors can expect better returns in the long term along with listing gains. In such a situation, if you have also subscribed to the issue, then you can easily check whether you have placed your bet or not. That is, whether you get shares or not.
How was the response of investors
Adani Wilmar had reserved 50 per cent stake in the IPO for Qualified Institutional Investors (QIBs). This part is filled 5.73 times overall. At the same time, there was a reserve of 15 percent for non-institutional investors and this part is filled 56.30 times. 35 percent was reserved for retail investors and it is 3.92 times full. The reserve share for employees is 0.51 times and the reserve part for shareholders is 33.33 times. Overall this issue is subscribed 17.37 times.
Option 1: From BSE website
For this, first you have to go to the website of BSE.
Link: bseindia.com/investors/appli_check.aspx
After that the Equity box has to be checked.
Then the name of the issue (Adani Wilmar) has to be entered in the dropdown.
After that you have to type your application number in the box.
After that you will have to give information about your PAN number.
In the end, you have to click on the search button, after which complete information will be revealed.
Option 2: On the Registrar’s website
Link Intime India Private Ltd is the registrar of this issue.
For this IPO, one has to go to the registrar’s website.
Link: linkintime.co.in/MIPO/Ipoallotment.html
Type the company name (Adani Wilmar) in the dropdown.
After that enter PAN number, application number or depository/client ID in the box
Then enter the captcha and click on the search button. Then you will know your status.
Listing can be done at premium
Talking about the gray market, Adani Wilmar’s stock is currently at a premium of Rs 40 in the gray market. However, since the first day of bidding, the share price has decreased even in the gray market. It was at a gray market premium of Rs 65 on Thursday, January 27. Still, the gray market premium of the IPO has managed to stay around Rs 40. This indicates that the listing of the IPO may be done at a premium of 15 to 20 percent.
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