QIB, RIIs subscribed 169 times in the first round of IPO

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QIB, RIIs subscribed 169 times in the first round of IPO

The QIB category attracted 169.54 times bids while the quotas reserved for non institutional investors NIIs and retail individual investors RIIs were subscribed 63.59 times and 19.71 times, respectively.

As per the red herring documents filed with the ROC, the basis of allotment for the IPO may take place on October 13th, the credit of shares to demat accounts is likely to be on October 14th, the issue will likely be listed on stock exchanges on October 17, Monday. The issue was commanding a grey market premium GMP of Rs 34 apiece, up from Rs 27 - 30 a piece earlier in the day.

How do I check allotment status?

They would be required to type application number or PAN number. You can visit the registrar's website, which in this case is KFin Technologies.

They have to select the IPO and give them either the application number, demand account, and PAN ID.