The Manba Finance IPO allotment status is being finalized today, September 26, 2024, and investors are eager to see if they have been allotted shares. This IPO, open for subscription from September 23 to September 25, generated a tremendous response, with an oversubscription of 224.10 times. Non-institutional investors led the charge, bidding an incredible 511.65 times, while Qualified Institutional Buyers (QIBs) and Retail Individual Investors (RIIs) bid 148.55 times and 144.03 times, respectively.
Manba Finance IPO Allotment Status
Given the overwhelming demand, many investors are keen to check their Manba Finance IPO allotment status. Fortunately, there are a few simple ways to check this information online through Link Intime, BSE, or NSE. Here’s a detailed guide on how you can check the Manba Finance IPO allotment status using these platforms:
Checking Allotment Status on Link Intime
Link Intime is the official registrar for the Manba Finance IPO, and it provides an easy way to check your allotment status. Here’s how you can do it:
- Visit the Link Intime Website: Go to the Link Intime portal where you can directly access the allotment status page.
- Select the Company: Once on the page, click on “Select Company” and choose “Manba Finance” from the dropdown menu.
- Enter Your Details: You can check the status using different options, such as:
- Application Number: Enter your application number as given during the IPO application process.
- PAN: Enter your PAN number if that’s more convenient.
- DP/Client ID: You can also use your Depository Participant (DP) ID and Client ID.
- Account Number/IFSC: Some may choose to use bank details, such as account number and IFSC code.
- Complete the Captcha: Fill in the captcha for security verification to confirm that you are not a robot.
- Click Search: Hit the “Search” button, and your Manba Finance IPO allotment status will be displayed on the screen.
Checking Allotment Status on BSE
Another reliable way to check your Manba Finance IPO allotment status is through the Bombay Stock Exchange (BSE) website. This method is straightforward and secure. Follow these steps:
- Visit the BSE Application Status Page: Head over to the BSE website and navigate to the IPO allotment section.
- Select Issue Type: From the dropdown menu, select “Equity” since it’s an equity-based IPO.
- Choose Manba Finance: Next, select “Manba Finance Limited” from the list of companies.
- Enter Application Number or PAN: Input either your application number or your PAN for identification.
- Verify Captcha: Complete the captcha process by clicking on “I am not a robot” for security verification.
- Click Search: Finally, press the “Search” button, and the website will display your Manba Finance IPO allotment status.
Other Ways to Check
Investors can also use the NSE portal to check their allotment status. The process is similar to the BSE method, requiring basic details like application number, PAN, or DP ID to retrieve the allotment status.
Important Dates and Listing Details
The allotment status is available from 10 AM today, allowing investors to verify if they have received shares from this heavily oversubscribed IPO. The shares are expected to be listed on both BSE and NSE on September 30, 2024, with a likely listing price around Rs 178. This estimate is based on a current grey market premium of Rs 58 over the upper IPO price of Rs 120.
The Manba Finance IPO allotment status marks a significant step for investors as they look forward to potential gains from the listing. With the IPO being such a hot ticket, knowing how to check your allotment status ensures you stay informed and prepared for the next steps. Whether using Link Intime, BSE, or NSE, make sure you have your details handy and follow the steps to confirm your allotment today.
Hope this blog On Manba Finance IPO Allotment Status has been informative and insightful.
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