The highly anticipated Crizac IPO allotment is set to finalize next week, and investors are eager to know their status after the impressive oversubscription. Here’s a breakdown of the key dates and how to check if you’ve been allotted shares.
Crizac IPO: The Journey So Far
Crizac Limited’s Initial Public Offering (IPO) saw a strong response from investors, concluding its subscription period recently. The Rs 860-crore share sale, which opened on July 2 and closed on July 4, received bids for a massive 154.56 crore shares against the 2.58 crore shares initially on offer. This strong demand has set the stage for the upcoming share allotment.
Impressive Investor Interest
The Crizac IPO was subscribed an impressive 59.82 times by its closing day. Qualified Institutional Buyers (QIBs) showed immense confidence, subscribing a whopping 134.35 times their allotted portion. Non-institutional investors also participated enthusiastically, with their quota getting subscribed 76.15 times.
Even retail individual investors (RIIs) joined in, with their segment receiving 10.24 times subscription. These figures highlight the significant demand for Crizac shares across all investor categories.
Understanding the Price Band
For those who participated, the price band for the Crizac IPO was set between Rs 233 and Rs 245 per share. This range determined the value at which shares were offered to the public, attracting a wide array of investors.
Allotment Date Confirmed
Mark your calendars: the finalization of the Crizac IPO allotment is officially slated for July 7. This is the crucial date when investors will find out if they have been allotted shares in this much-awaited IPO.
Checking Your Allotment Status Online
Once the allotment is finalized, you can easily check your status online from the comfort of your home. The official registrar for the Crizac IPO is MUFG Intime India Private Limited. Additionally, the status will also be available on the official websites of the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE).
Step-by-Step Guide: Via Registrar Website
To check your Crizac IPO allotment status on the MUFG Intime India Private Limited website, follow these simple steps:
- Visit the registrar’s official website: https://in.mpms.mufg.com/Initial_Offer/public-issues.html
- Look for the section related to Crizac Limited and select it from the dropdown menu.
- Choose your preferred search method: either your PAN Number or your Application Number.
- Enter the required details accurately.
- Your Crizac IPO allotment status will then be displayed on your screen.
Alternative Ways to Check
You can also check your allotment status directly on the stock exchange websites:
- **BSE Direct Link:** https://www.bseindia.com/investors/appli_check.aspx
- **NSE Direct Link:** https://www1.nseindia.com/products/dynaContent/equities/ipos/ipo_login.jsp
These links provide alternative methods for verifying your share allocation, ensuring you have multiple options to confirm your status.
- Crizac IPO allotment date: July 7.
- The IPO was oversubscribed nearly 60 times.
- Check status via MUFG Intime India (registrar) or BSE/NSE websites.
- Required details for checking: PAN or Application Number.
Stay tuned for the official allotment results next week, and good luck to all the applicants!
