Paytm IPO Share Allotment: The allotment of shares for Paytm’s IPO has been finalised.
The IPO was subscribed almost two times on November 10. India’s biggest IPO opened on 8 November. The shares of the Vijay Shekhar Sharma-led firm will be listed on BSE and NSE on November 18.
The country’s largest IPO issue has become Paytm (Paytm IPO Issue). Its shares are going to be listed on the country’s major stock exchanges BSE and NSE on November 18. On the same day,
it has also been decided that among those who have applied in the company’s IPO, who have been allotted shares. If you have also invested money in Paytm IPO, then you can check allotment of shares right now.
You can check IPO share allotment online while sitting at home. Investors can check allotment of shares through BSE’s website, bseindia.com. At the same time, if you have not received the shares, then your money will be returned to your account.
What is Price in Gray Market
According to IPO Watch and IPO Central, Paytm shares were trading at a gray market premium (GMP) of 1.4 per cent over the issue price of Rs 2,150 per share. The premium has fallen from 2.3 per cent last week. According to GMP, the stock of Paytm is likely to be listed on BSE and NSE at Rs 2,180.
1. Check allotment through
BSE website bseindia.com- >> You have to go to the official website of BSE https://www.bseindia.com/investors/appli_check.aspx.
Select Equity option.
Select the Issue Name (Clean Science and Technology IPO). Enter Application Number or PAN Number.
- Click on search button.
- You will see the share allotment status.
- Visit the Registrar’s website >> website https://ris.kfintech.com/ipostatus/ipos.aspx.
- In the dropdown select the company name ADITYA BIRLA SUN LIFE AMC LIMITED.
- After this, enter PAN Number or Application Number or Depository/Client ID in the box.
- Then enter the captcha and click on the search button.
- If the share is allotted then the status will be shown.
There will refund
tell you have not met who also shares the investor will be credited to their cash account. This refund money will come in the same account through which you have invested.
Paytm’s IPO was subscribed 1.89 times Paytm’s IPO
was open for applications between November 8 and 10. Its shares will be listed on 18 November 2021. The company was planning to raise Rs 18,300 crore through Paytm’s IPO, which was successful. Paytm’s IPO was subscribed 1.89 times. In this, the quota of retail investors was subscribed 1.66 times and the quota of QIBs was subscribed 2.79 times.
Under Paytm’s IPO, new shares worth Rs 8,300 crore were issued and an offer for sale (OFS) of Rs 10,000 crore was brought. However, Paytm IPO got less response from retail investors as compared to other IPOs. The lot size of the IPO was at least six shares, for which Rs 12,900 would have to be spent. A maximum of 15 lots of 90 shares could be applied for by spending Rs 1,93,500.
