Nykaa IPO Share Allotment: The allotment of shares of Nykaa, a startup company selling beauty products, can happen on Monday, November 8. This IPO got 81.78 times subscription on the last day of the issue. Non-institutional investors showed great interest in buying its shares. Retail investors bid 12.06 times the share reserved for themselves and 112.02 times the shares reserved for non-institutional investors. Qualified Institutional Investors (QIBs) subscribed 91.18 times the shares reserved for them. Whereas the employees bid for 1.87 times the shares as compared to the share reserved for them. Nykaa shares are expected to be listed on NSE and BSE on November 11. Those who will not get the shares, their money will be returned on November 9.
Experts opinion
Nykaa’s IPO has received tremendous response from all categories of investors. According to an analyst, “The craze for startup IPOs is growing tremendously and investors, especially profit-making startups, are getting more choice. Abhay Doshi, Founder, UnlistedArena.com, told Financial Express Online, “Like other startups, its valuation will look expensive, but it has ample business growth potential as the e-commerce category accounts for only 8% of the beauty and personal care products. penetration.” Investors can check the share allotment status on the website of the registrar Link Intime India Private Limited or the website of NSE.
DA Hike: According to the fifth-sixth pay commission, Diwali gift to central and autonomous body workers getting salary, dearness allowance increased by 12%
How to check allotment status through Link Intime India
- Investors can check the IPO status section of the Link Intime India website https://linkintime.co.in/MIPO/Ipoallotment.html after the allotment is finalised.
- After reaching this page, select ‘Nykaa — IPO’, whose allotment status is to be checked.
- After this, application number or DP ID / Client ID or PAN, one of these three options will have to be selected, through whose details the allotment is to be checked.
- If Application Number is selected, then select Application Type and enter Application Number. If DP ID / Client ID is selected then select Depository and enter DPIP, Client ID. If PAN is selected then fill the PAN.
- Fill the captcha and submit.
- The information about the number of shares applied for and the number of shares allotted will be displayed on the screen.
Delhivery IPO: Delivery company is bringing 7400 crore IPO, papers submitted with SEBI
Check allotment like this on BSE website
- Investors can check the allotment status on the Stock Exchange BSE website https://www.bseindia.com/investors/appli_check.aspx.
- Select Equity and select IPO from the drop down menu.
- Enter Application Number and PAN.
- Click on ‘I am not a Robot’.
- By clicking on the search tab, you can see the status details whether the share has been allotted to you or not.
(Article : Surbhi Jain)
Get Business News ,, latest India News ,, and other breaking news on share market, investment scheme and much more on Business Khabar. Like us on Facebook, Follow us on Twitter for latest financial news and share market updates.
.