IBL Finance’s IPO allocation is expected to be finalized today.Steps to check the latest GMP, IBL IPO allocation status

IBL Finance IPO Allotment Date: IBL Finance IPO share allotment will be completed today (Friday, January 12). An investor who has applied for the issue can check the allotment status of his IBL Finance IPO on the IBL Finance IPO Registrar Portal (Bigshare Services Pvt Ltd).

Investors can find out whether and how many shares have been allocated through allocation basis. The number of allocated shares can also be confirmed from the IPO allocation status. The company plans to begin refund procedures for applicants who were not granted shares. The allottee will receive the shares in his demat account.

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On Monday, January 15, those who have been allotted shares will have their demat accounts credited. The refund process will begin as soon as the assignment is completed.

IBL Finance IPO listing date has been fixed as Tuesday, January 16 on NSE SME.

If you have applied for IBL Finance IPO, you can instantly check the IBL Finance IPO allotment status on the website of Bigshare Services Pvt Ltd, the IPO registrar.

You can check the IBL Finance IPO allocation status of your application on this IBL Finance IPO allocation link – https://ipo.bigshareonline.com/ipo_status.html.

step 1

Log in to Bigshare direct link — https://ipo.bigshareonline.com/ipo_status.html-IBL Finance IPO Allocation Link

Step 2

Select “IBL Finance IPO” in the Company Name section.

Step 3

Select “Application Number/CAF Number or Beneficiary ID or PAN Number”.

Step 4

Click “Search”

IBL Finance IPO is available on your computer monitor on your mobile phone display.

Also read: IBL Finance IPO sets price range as follows INR51 each: Check GMP, important dates, issue details, and more.

IBL Finance IPO Subscription Status

IBL Finance IPO subscription status was 17.95 times for 3rd day. According to data available on chittorgarh.com, this stock has received positive response from retail investors, where it has been subscribed 24.03 times and non-institutional buyers, where it has been subscribed 11.13 times. Subscribed.

According to chittorgarh.com data, the company received bids for 10,57,52,000 shares against the offer of 5,890,000 shares.

The subscription status of IBL Finance IPO was 4.64 times on the first day and 8.97 times on the second day.

Related Article: IBL Finance IPO: GMP, Check Day 3 Subscription Status, Reviews and Other Important Details

IBL Finance IPO Details

IBL Finance IPO worth it INR33.41 billion shares is an entirely new issuance of 6,550,000 shares. According to RHP, there is no offering-for-sale (OFS) component.

The company plans to use the net proceeds from the initial public offering to: General corporate purposes. Expand our Tier-I capital base to cover anticipated future capital needs due to asset and business growth.

The registrar for IBL Finance IPO is Link Intime India Private Ltd and the book lead manager is Fedex Securities Pvt Ltd.

Manish Patel, Piyush Patel and Mansukhbhai Patel are the promoters of the company.

Also read: Jyoti CNC Automation IPO allocation close to completion; GMP Stable, Steps to Check Jyoti CNC IPO Allocation Status

IBL Finance IPO Today’s GMP

IBL Finance IPO gray market premium is INR0, which means the stock is trading at the issue price. INR51 with no premium or discount in the gray market, according to investorgain.com.

A “gray market premium” indicates that investors are willing to pay more than the issue price.

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