Inox India IPO to be listed tomorrow: How to check share allotment status?

Dec 20, 2023
Finance
Inox India IPO to be listed tomorrow: How to check share allotment status?

Inox India, a manufacturer of cryogenic tanks, is poised for its shares to debut on the stock exchanges on Thursday, December 21. This follows its initial public offering (IPO), which closed on Monday. The IPO was oversubscribed 61.28 times, largely fueled by substantial interest from institutional buyers.The National Stock Exchange (NSE) reported an overwhelming response, with bids reaching 94,84,24,268 shares against the 1,54,77,670 shares offered.

Kfin Technologies Ltd., serving as the registrar for Inox India's IPO, will handle the allocation process. Investors can ascertain their share allotment status through the basis of allotment in the IPO.

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