Stocks

IRCTC IPO: How to check your allotment status

KS Badri Narayanan Chennai | Updated on October 10, 2019 Published on October 10, 2019

You can check your position in ipo.alankit.com anytime soon using your PAN and application number details.

 

Are you one of the anxious IRCTC public issue investors awaiting your allotment status?

Then you can check your position in ipo.alankit.com using your PAN and application number details.

Alankit Assignments is the registrar of IRCTC public issue.

Thanks to a massive response from all categories investors — FPIs, HNIs, institutions and retail — the issue had received bids for ₹72,000 crore as against the target of ₹645 crore.

More read: Allotment in IRCTC IPO, what are your chances?

While the basis of the allotment would be finalised by Thursday, unallotted investors can expect the refund on October 10 (Thursday) and credit of shares into their depository account on October 11.

The shares will be listed on October 14 (Monday).

Investors can also check in https://www.nseindia.com/products/dynaContent/equities/ipos/ipo_login.jsp or at https://www.bseindia.com/investors/appli_check.aspx.

Allotted investors will also get an email as well as mobile alert too, market participants said.

The issue was subscribed by 112 times, the most significant response that a PSU has ever received so far. The issue received bids for 225.67 crore shares against the total issue size of two crore shares. The IPO had hit the market at a price band of ₹315-320 a share.

Read also: With an oversubscription of 112 times, IRCTC’s stock offer is a showstopper

The retail portion was subscribed 14.4 times, Qualified Institutional Buyers’ (QIBs) portion 108.79 times, HNIs’ 354.5 times and employees’ 5.75 times.

Read more: Which route will the government take when it chooses to divest its stake in BPCL, Shipping Corporation and Concor?

Published on October 10, 2019
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