- By Aditya Pratap Singh
- Fri, 10 May 2024 10:42 AM (IST)
- Source:JND
Indigene IPO Allotment today: Indigene Limited's initial public offering (IPO) received strong demand from investors across categories, as the public offering was subscribed over 70 times. Bidding for the Indigene IPO has closed, and now investors are curious to check the shares allotment status, which is expected to be announced today i.e. May 10.
The Indegene IPO was opened for public subscription on May 6 and closed on May 8. The IPO's shares allotment date is today, and the company is expected to finalize the allotment basis soon. Investors who bid for the Indigene IPO can able to check the allotment status for their bidding. The company will credit the shares to the demat accounts of the successful bidders on Friday, May 10. Investors whose bids were not successful will receive a refund of their bidding amount on the same day.
Investors can check the Indigene IPO allotment status online through the official website of BSE and the portal of the IPO Registrar. The Indigene IPO registrar link is Intime India. Checking the Indigene IPO allotment status online can be done by following the simple steps mentioned below.
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Method to check the Indigene IPO allotment status on the BSE website
- Visit the BSE website 'bseindia.com/investors/appli_check.aspx'
- Select "Equity" under "Issue Type"
- Choose "Indegene Ltd" from the issues drop-down menu
- Enter your application number or PAN details
- Click on "Search"
- The IPO allotment status for Indegene will appear
The Indigene IPO received strong subscriptions during the bidding period. The IPO was subscribed a total of 70.30 times, as bids were received for 210.24 crore equity shares against 28.62 lakh shares on offer.
Indigene IPO GMP today
Indigene IPO is trading at a strong premium in the gray market. According to market observers, the Indigene IPO GMP today, or the gray market premium, is at Rs 260 per share. This means that Indigene shares are trading at a premium of Rs 260 over their issue price of Rs 452 in the gray market.
