IPO Allotment Status – Check Date, GMP, Reviews, Process and Calculation

IPO Allotment Status

IPO Allotment Status – The procedure that takes a private company public is known as an IPO. A great approach to invest in interesting financial opportunities is through initial public offerings (IPOs). It works with investment banks to bring its shares to the public market, which calls for extensive due diligence, marketing, and regulatory compliance. Selling shares to investors is the same as selling them a portion of the company’s equity.

In the business sector, upcoming initial public offerings (IPOs) hold great promise for leadership, giving investors a chance to be part of the success tales of these companies from the outset of their market entry. Investing in initial public offerings (IPOs) exposes investors to the core principles of market behaviour.

Company Name IPO Opening Date Closing Date Issue Price
Garuda Construction and Engineering Limited 08 October 2024  10 October 2024
Diffusion Engineers Limited Sep 26, 2024 Sep 30, 2024 168
KRN Heat Exchanger and Refrigeration Limited Sep 25, 2024 Sep 27, 2024 220
Manba Finance Limited Sep 23, 2024 Sep 25, 2024 120
Western Carriers (India) Limited Sep 13, 2024 Sep 19, 2024 172
Arkade Developers Limited Sep 16, 2024 Sep 19, 2024 128
Northern Arc Capital Limited Sep 16, 2024 Sep 19, 2024 263
P N Gadgil Jewellers Limited Sep 10, 2024 Sep 12, 2024 480
Bajaj Housing Finance Limited Sep 09, 2024 Sep 11, 2024 70
Tolins Tyres Limited Sep 09, 2024 Sep 11, 2024 226
Kross Limited Sep 09, 2024 Sep 11, 2024 240
Shree Tirupati Balajee Agro Trading Company Limited Sep 05, 2024 Sep 09, 2024 83

What is the Process of investing in an Upcoming IPO?

  •  Navigate to the broker’s app or website and log in to your account.
  • Fill out the registration form if you haven’t already.
  • Go to the IPO area and pick the firm you want.
  • Decide how many stocks or what size lot you wish to bid on, then enter the bid price (bid at the maximum or cut-off price for a higher chance of allotment).
  •  Enter your UPI ID and press the submit button. Accept the transaction with the UPI app.
  •  To validate your application, wait for a mandate notification on the UPI app.

List of Upcoming IPO

IPO Dates
Babinda IPO To be announced
OYO IPO To be announced
boAt IPO To be announced
Bajaj Energy IPO To be announced
Mobikwik IPO To be announced
Arohan Financial IPO To be announced
Snapdeal IPO To be announced
Droom IPO To be announced
Hyundai Motor India IPO To be announced

FabIndia IPO

FabIndia has launched a new initial public offering (IPO) with a maximum value of ₹5,000 million. Fabindia Limited has strategically positioned its ‘Organic India’ brand to be linked with organic food and wellness items, and its ‘Fabindia’ brand to be associated with authentic Indian traditional lifestyle products.

OYO IPO

OYO Hotels and Homes’ DRHP, which was submitted to SEBI, indicates that the public offering is probably valued at Rs. 8,430 crores. This will involve a fresh issue equity share sale of Rs. 7,000 crores and an offer for sale of around Rs. 1,430 crores. Price band, market lot, and likes are among the other facts of this public issue that have not yet been made public.

boAt IPO

The parent company of boAt, Imagine Marketing Limited, submitted a DRHP for an IPO of Rs. 2,000 crores to SEBI on January 26, 2022. This offer consists of a new equity share issue of Rs. 900 crores and a selling offer of Rs. 1,100 crores, as detailed in the DRHP. Further, the company is trying to collect Rs. 180 crores through a pre-IPO placement. The company is currently awaiting SEBI approval before launching the initial public offering (IPO) on the market.

Bajaj Energy IPO

In 2019, the Securities and Exchange Board of India, the market regulator, received a draft red herring prospectus from Bajaj Energy Limited. It now has permission to begin its initial public offering (IPO) with the goal of raising Rs. 5,450 crores. The initial share sale of Bajaj Energy Limited will feature both a fresh issue of equity shares and an OFS.

Mobikwik IPO

The MobiKwik IPO will have a total issue size of Rs. 1900 crore, including a fresh share offering of up to Rs. 1500 crore, according to the DRHP that was submitted to SEBI. Additionally, promoters and a few shareholders would make a 400 crore rupee offer for sale during the IPO. With its impending IPO, the company hopes to raise around $1 billion in valuation. 75% of the IPO shares will go to qualified institutional buyers, while 15% and 10% of the shares would go to non-institutional and retail investors, respectively.

Arohan Financial IPO

In order to raise Rs. 1750 crores to Rs. 1800 crores, Arohan Financial has submitted preliminary documents to SEBI. The company’s DRHP states that the IPO will comprise an offer for sale (OFS) of 27,055,893 shares by current shareholders in addition to a new issuance of Rs. 850 crores. Retail individual investors will hold up to 35% of the reserved component of the IPO, while qualified institutional buyers (QIBs) may subscribe for up to 50% of the offering. There will be 15% of the issue size reserved for non-institutional investors.

Snapdeal IPO

Snapdeal has submitted a ₹1,250 crore IPO application. It consists of an offer by SoftBank to sell 30,769,600 equity shares and a new issuance valued at ₹1250 cr. The e-commerce company intends to allocate ₹900 cr into efforts aimed at organic growth. Additionally, a pre-IPO placement valued at ₹250 cr is being contemplated, which will be deducted from the new issue.

Droom IPO

Droom submitted its DRHP to SEBI on November 11, 2021, with the goal of raising Rs. 3,000 crores through a public offering. The IPO comprises of a new share issuance of Rs. 2,000 crores and an offer for sale for Rs. 1,000 crores. The promoters, Sandeep Aggarwal and Droom Pte Ltd, own all of the company’s shares. They might plan to sell 400 crores worth of shares through a private placement.

Hyundai Motor India IPO

An Initial Public Offering (IPO) of up to 142,194,700 equity shares is being launched by Hyundai Motor India Limited. Each share is worth ₹10 on the face. The promoter and selling shareholder in this IPO is Hyundai Motor Company, which is making an offer for sale. Following the initial public offering (IPO), the offered shares will account for 17.50 percent of the company’s equity capital. In conjunction with the Book Running Lead Managers (BRLMS), Hyundai Motor India Ltd. will determine the precise price range and minimum bid size.

List of Open IPO

IPO Listing Date
Saj Hotels IPO Monday, October 7, 2024
HVAX Technologies IPO Monday, October 7, 2024
Paramount Dye Tec IPO Tuesday, October 8, 2024
Subam Papers IPO Tuesday, October 8, 2024

Saj Hotels IPO

IPO Open Date September 27, 2024
IPO Close Date October 1, 2024
Face Value ₹10 per share
Price ₹65 per share
Lot Size 2000 Shares
Total Issue Size(aggregating up to ₹27.63 Cr) 4,250,000 shares
Fresh Issue(aggregating up to ₹27.63 Cr) 4,250,000 shares

HVAX Technologies IPO

IPO Open Date September 27, 2024
IPO Close Date October 1, 2024
Face Value ₹10 per share
Price ₹435 to ₹458 per share
Lot Size 300 Shares
Total Issue Size (aggregating up to ₹33.53 Cr) 732,000 shares
Fresh Issue (aggregating up to ₹33.53 Cr) 732,000 shares

Paramount Dye Tec IPO

IPO Open Date September 30, 2024
IPO Close Date October 2, 2024
Face Value ₹10 per share
Price ₹111 to ₹117 per share
Lot Size 1200 Shares
Total Issue Size (aggregating up to ₹28.43 Cr) 2,430,000 shares
Fresh Issue (aggregating up to ₹28.43 Cr) 2,430,000 shares

Subam Papers IPO

IPO Open Date September 30, 2024
IPO Close Date October 3, 2024
Face Value ₹10 per share
Price ₹144 to ₹152 per share
Lot Size 800 Shares
Total Issue Size (aggregating up to ₹93.70 Cr) 6,164,800 shares
Fresh Issue ((aggregating up to ₹93.70 Cr) 6,164,800 shares

Listed IPO Details

IPO Listing Date
WOL 3D IPO September 30, 2024
Manba Finance IPO September 30, 2024
BikeWoGreenTech IPO September 27, 2024
SD Retail Logo IPO September 27, 2024
Avi Ansh textile IPO September 27, 2024

WOL 3D IPO

Bidding for the WOL 3D IPO began on September 23, 2024, and it concluded on September 25, 2024. Thursday, September 26, 2024, saw the finalization of the allocation for the WOL 3D IPO. The shares were listed on September 30, 2024, on the NSE SME. The pricing range for the WOL 3D IPO is ₹142 to ₹150 per share.

Manba Finance IPO

The IPO for Manba Finance is scheduled to begin on September 23, 2024, and end on September 25, 2024. Manba Finance is a non-banking finance company that offers loans for used vehicles, small business loans, personal loans, and new and used two- and three-wheelers, as well as electric two- and three-wheelers. A new issue of ₹1.26 Cr shares, totaling ₹150.84 Cr, is part of the IPO; an offer for sale is not included. There is a lot size of 125 shares with a price range of ₹114 to ₹120 per share.

BikeWoGreenTech IPO

The BikeWoGreenTech IPO is a Rs 24.09 crore book constructed issue. The 38.86 lakh shares are being issued fully anew. The bidding for the BikeWoGreenTech IPO began on September 20, 2024, and it concluded on September 24, 2024. On Wednesday, September 25, 2024, the allocation for the BikeWoGreenTech IPO was completed. The shares were listed on September 27, 2024, on the NSE SME. The pricing range for the BikeWoGreenTech IPO is ₹59 to ₹62 per share.

SD Retail Logo IPO

The Rs 64.98 crore SD Retail IPO is a book-built offering. This is a brand-new 49.6 lakh share offering. Bidding for the SD Retail IPO began on September 20, 2024, and it concluded on September 24, 2024. We concluded the allotment for the SD Retail IPO on Wednesday, September 25, 2024. The shares were listed on September 27, 2024, on the NSE SME. The pricing range for the SD Retail IPO is ₹124 to ₹131 per share.

Avi Ansh Textile IPO

The Rs 25.99 crore Avi Ansh Textile IPO is a fixed price offering. This is a 41.92 lakh share totally new issue. Bidding for the Avi Ansh Textile IPO began on September 20, 2024, and it concluded on September 24, 2024. On Wednesday, September 25, 2024, the allocation for the Avi Ansh Textile IPO was completed. The shares were listed on September 27, 2024, on the NSE SME. The IPO price of Avi Ansh Textile is ₹62 per share

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