Indegene IPO allotment out. Latest GMP, listing date, how to check status

As the Indegene IPO allotment presumption is out, the investors successful the IPO tin cognize if and however galore shares they person been allotted done the ground of allotment. 

Investors whose bids person been accepted and person received allotment, volition get Indegene shares credited to their Demat accounts by today, May 10, oregon tomorrow, May 11. The institution volition refund the exertion wealth to the investors whose bids were rejected. The refunds volition besides beryllium made by contiguous oregon tomorrow

Investors tin cheque Indegene IPO allotment presumption online done the authoritative website of BSE oregon the portal of IPO registrar. Link Intime India is the Indegene IPO registrar.

Also Read: Refractory Shapes IPO allotment successful focus; latest GMP, 4 steps to cheque stock allotment status

Indegene IPO allotment presumption cheque online tin beryllium done by pursuing a fewer elemental steps mentioned below.

Steps to cheque Indegene IPO allotment presumption connected BSE website

Step 1: Visit the BSE website connected this nexus - bseindia.com/investors/appli_check.aspx

Step 2: Select ‘Equity’ nether ‘Issue Type’

Step 3: Select ‘Indegene Limited’ successful the 'Issue Name’ dropdown menu

Step 4: Either the Application fig oregon PAN details

Step 5: Click ‘Search’

The Indegene IPO allotment presumption volition look connected the screen.

Steps to cheque Indegene IPO allotment presumption connected Link Intime

Step 1: Visit Link Intime website — https://linkintime.co.in/initial_offer/public-issues.html

Step 2: Select ‘Indegene Limited’ successful the ‘Select Company’ dropdown menu

Step 3: Select among options fixed - PAN, Application No., DP/Client ID and Account No.

Step 4: Enter the details arsenic per the enactment option

Step 5: Click ‘Submit’

The Indegene IPO allotment presumption volition look connected the screen.

Also Read: Finelistings Technologies IPO allotment to beryllium finalised today; latest GMP, 4 steps to cheque status

Indegene IPO Subscription Status

Indegene IPO has received beardown subscription during the bidding period. The IPO has been subscribed 70.30 times successful full arsenic it received bids for 210.24 crore equity shares arsenic against 28.62 lakh shares connected the offer. 

The nationalist contented was subscribed 7.86 times successful the retail category, 192.72 times successful the Qualified Institutional Bidders (QIB) class and 55.91 times successful the Non-Institutional Investors (NII) class by May 8.

Indegene IPO GMP Today

Indegene IPO is commanding a beardown premium successful the grey market. Indegene IPO GMP today, oregon grey marketplace premium contiguous is ₹270 per share, arsenic per marketplace observers. This indicates that Indegene shares are trading higher by ₹270 than their contented terms of ₹452, successful the grey market.

Considering the latest GMP contiguous and the IPO price, Indegene shares are estimated to beryllium listed astatine ₹722 per share, a premium of 59.73% to the contented price.

Also Read: Slone Infosystems stock terms makes a bumper debut, banal opens with 50% premium astatine ₹118.50 apiece connected NSE SME

About Indegene IPO

Indegene IPO opened connected May 6 and closed connected May 8. The IPO allotment has been finalized, and the Indegene IPO listing day is May 13. Indegene shares volition beryllium listed connected BSE and NSE.

Indegene IPO terms set was acceptable astatine ₹430 to ₹452 per share. At the precocious extremity of the terms band, the institution raised ₹1,841.76 crore from the IPO which comprised a operation of caller contented of 1.68 crore equity shares aggregating to ₹760 crore and an connection for merchantability (OFS) constituent of 2.39 crore shares aggregating to ₹1,081.76 crore.

Ahead of the IPO, Indegene Ltd had already raised ₹548.78 crore from anchor investors connected May 3.

The institution proposes to utilise the nett contented proceeds towards repayment oregon prepayment of indebtedness of 1 of the Material Subsidiaries, ILSL Holdings, Inc, superior expenditure requirements and wide firm purposes and inorganic growth.

Kotak Mahindra Capital Company, Citigroup Global Markets India, JP Morgan India and Nomura Financial Advisory And Securities (India) Pvt Ltd are the publication moving pb managers of the Indegene IPO, portion Link Intime India is the IPO registrar.

Indegene Ltd provides integer services for the beingness sciences industry. Its services see Enterprise Commercial Solutions, Omnichannel Activation, Enterprise Medical Solutions and Enterprise Clinical Solutions and consultancy services.

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Published: 10 May 2024, 01:38 PM IST