If you applied for the Rikhav Securities IPO, today is the big day. The allotment of this SME offering, which closed its subscription window on January 17, is set to be finalised today, January 20.
Investors who have participated in this issue can easily check their allotment status through platforms such as BSE, or the registrars, Link Intime. Whether you are checking with your PAN, application number, or Demat account details, here is how to check the allotment status.
– Via BSE
Go to BSE India IPO page.
Choose “Rikhav Securities IPO” from the drop-down menu.
Enter your PAN, application number, or DP ID/Client ID.
Click on ‘Search’, your allotment status will appear on the screen.
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– Via Link Intime
Visit Link Intime’s IPO allotment page
Select the IPO name “Rikhav Securities IPO” from the drop-down menu,
Thereafter enter your details such as the PAN, application number, or DP ID/Client ID.
Select the preferred option and input the relevant details.
Click on ‘Search’ to view your allotment status.
Rikhav Securities IPO – GMP update
The shares of the company is trading at a premium of Rs 100, suggesting of potential listing price of Rs 186 per share. This is 116.28% higher over the IPO’s upper price band of Rs 86 per share.
Rikhav Securities IPO – Key details of the issue
Rikhav Securities, a financial service company, established in 1995 opened its three day window from January 15 to January 17.
Subscription numbers: Rikhav Securities IPO was a highly sought-after issue, with an overall subscription of 307 times on the final day of subscription.
Among the categories, the retail investors subscribed 251.36 times, while QIBs showed substantial demand with a subscription of 170.92 times. Non-Institutional Investors (NIIs) led the way with a subscription of 616.42 times.
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Lot size: The IPO, with a total issue size of Rs 88.82 crores, comprised two components, that is, a fresh issue of 83.28 lakh shares totalling to Rs 71.62 crores and an offer for sale of 20 lakh shares worth Rs 17.20 crores.
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