Inox India IPO Update: Allotment Status, GMP, and Listing Date

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Exciting news surrounds Inox India as the eagerly awaited share allotment status of its IPO is set to be revealed on December 19. The Vadodara-based company, specializing in the manufacturing and supply of cryogenic equipment, embarked on its IPO journey from December 14 to December 18, with a price band of ₹627 to ₹660 per share.
Inox India IPO Update: Allotment Status, GMP, and Listing Date
Investor enthusiasm reached new heights as the Inox India IPO witnessed a robust subscription rate of 61.06 times on its closing day. A staggering 94.53 crore equity shares were bid for against the 1.55 crore shares available. Notably, institutional investors showed keen interest, with the qualified institutional buyer (QIB) portion oversubscribed by an impressive 147.80 times, while non-institutional investors joined in with a subscription rate of 53.03 times. Retail investors also played a significant role, contributing to a subscription rate of 14.96 times.
Adding to the anticipation, the shares of Inox India are currently commanding a grey market premium (GMP) of ₹550 per share. GMP reflects the premium at which IPO shares are traded in an unofficial market before their official listing on the stock exchanges.

For those eagerly awaiting their allotment status, here’s a quick guide on how to check it. Visit the registrar’s website, select ‘Company Selection,’ and choose ‘Inox India.’ Enter your PAN, application number, DP/Client ID, or Account number/IFSC, and click ‘Search’ to view your application status. Alternatively, you can check the allotment status on the BSE and NSE websites. On the BSE website, click on ‘Equity,’ select ‘Inox India,’ enter your application number and PAN, and click ‘Search’ to see the number of shares allotted to you.

you can also check the status of allotment by clicking here :

Mark your calendars because the much-anticipated listing date for Inox India on the stock exchanges is December 21. Investors and enthusiasts alike eagerly await this milestone.

Stay tuned for more updates on the Inox India IPO journey, where the future of cryogenic equipment takes center stage.

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