India Shelter Finance IPO allotment – How to check allotment, GMP, listing date and more

• India Shelter Finance is expected to announce its share allotment status on Monday, December 18.
• The shares of India Shelter Finance were subscribed 36.6 times.
• The shares are expected to be listed on the stock exchanges on December 20.

Gurugram-based India Shelter Finance, which is engaged in the business of housing finance, is expected to announce the allotment status of its initial public offering (IPO) on Monday, December 18.

The India Shelter Finance IPO opened on December 13 and closed on December 15. The price band for the IPO was ₹469 to ₹493 per share.

Robust subscription

On its last day, the India Shelter Finance IPO was subscribed 36.6 times, receiving bids for 65.59 crore equity shares against 1.79 crore shares on offer.

While the qualified institutional buyer (QIB) portion was subscribed 89.70 times, the non-institutional investors portion was subscribed 28.51 times. The retail portion witnessed average participation and was subscribed 9.95 times.

Grey market premium

The shares of India Shelter Finance are currently commanding a grey market premium (GMP) of ₹165 per share. GMP is the premium at which IPO shares are traded in an unofficial market before they are listed on the stock exchanges.

Here’s how to check the IPO’s allotment status

You can check the allotment status on the registrar’s website.

• To check the India Shelter Finance IPO allotment status, visit the registrar’s website here.
• Click on ‘Company Selection’ and then select ‘India Shelter Finance’.
• Now, enter your PAN, application number, DP / Client ID or Account number / IFSC.
• Click on ‘Search’.

You will be able to see your application status. It will display the number of shares that you have applied for and the number of shares that have been allotted to you.

You can also check the India Shelter Finance IPO allotment status on the BSE and NSE websites.

To check the allotment status on BSE or NSE website:

• Go to the BSE website.
• On the website, click on 'Equity' and then select ‘India Shelter Finance’ from the dropdown menu.
• Now, enter your application number and PAN.
• Click on 'Search'.

You will be able to see the number of shares allotted to you.

You can click here and log in to check your allotment status on NSE.

India Shelter Finance listing date

The shares of India Shelter Finance will be listed on the stock exchanges on December 20.

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