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

• Inox India is expected to announce its share allotment status on Tuesday, December 19.
• The shares of Inox India were subscribed 61.06 times.
• The shares are expected to be listed on the stock exchanges on December 21.

Vadodara-based Inox India, which manufactures and supplies cryogenic equipment is expected to announce the allotment status of its initial public offering (IPO) on Tuesday, December 19.

The Inox India IPO opened on December 14 and closed on December 18. The price band for the IPO was ₹627 to ₹660 per share.

Robust subscription

On its last day, the Inox India IPO was subscribed 61.06 times, receiving bids for 94.53 crore equity shares against 1.55 crore shares on offer.

While the qualified institutional buyer (QIB) portion was subscribed 147.80 times, the non-institutional investors portion was subscribed 53.03 times. The retail portion witnessed good participation and was subscribed 14.96 times.

Grey market premium

The shares of Inox India are currently commanding a grey market premium (GMP) of ₹550 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 Inox India IPO allotment status, visit the registrar’s website here.
• Click on ‘Company Selection’ and then select ‘Inox India’.
• 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 Inox India 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 ‘Inox India’ 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.

Inox India listing date

The shares of Inox India will be listed on the stock exchanges on December 21.

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