Vedant Fashions IPO: After the end of the three subscription period, the bidders of Vedanta Fashions IPO are now eagerly waiting for the share allotment process to begin. The subscription status of Vedant Fashions IPO shows that the public issue of Rs 3,149.19 crore has been subscribed 2.57 times, while its retail segment has been subscribed 0.39 times. According to market experts, Vedanta Fashions IPO GMP (Grey Market Premium) has jumped after a long gap today on speculation of a trend reversal in the secondary market.
Market Observers further said that the allotment of Vedanta Fashion IPO is expected on February 11, 2022 and once the share allotment is announced, investors will also be able to view their application online. He advised the bidders to check Vedant Fashions IPO Allotment Status online by logging on to the BSE website or the official Registrar of Public Issues. The Official Registrar of Public Issues is KFintech Private Limited.
As per market observers, Vedanta Fashion’s IPO GMP today is Rs 10, which is Rs 4 more than yesterday’s gray market premium of Rs 6. He said that this is not the kind of increase that should help the company as its issue price has been fixed from Rs 824 to Rs 866 per equity share. However, he added that a trend reversal could lead to an increase in the gray market price after a change in the secondary market sentiments.
Vedant Fashions IPO Allotment Link
As mentioned above, the bidders can check Vedant Fashions IPO allotment status online by logging on to BSE website or KFintech website. For convenience, they can directly login to the BSE link – bseindia.com/investors/appli_check.aspx or the direct kfintech link – kprism.kfintech.com/ipostatus and check their application status online.
Check Vedant Fashions IPO allotment status on BSE
1- Log on to the direct link of BSE website – bseindia.com/investors/appli_check.aspx;
2- Select Vedant Fashions IPO.
3- Enter the IPO Application Number.
4- Enter your PAN card details.
5- Click on ‘I’m not a robot’.
6- Click on the ‘Submit’ button.
Your Vedant Fashions IPO application status will be available on the computer monitor or smartphone screen.
How to Check Vedant Fashions IPO Allotment Status at KFintech
Those who wish to check Vedant Fashions IPO Allotment Status on KFintech website can directly log on to the KFintech link – kprism.kfintech.com/ipostatus…
1- Log on to the direct KFintech link — kprism.kfintech.com/ipostatus/;
2- Select Vedant Fashions IPO.
3- Select either Application Number or DPIT/Client ID or PAN.
4- Enter Vedant Fashions IPO Application Number.
5- Fill the Captcha.
6- Click on the ‘Submit’ button.
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