Adani Wilmar IPO share allotment status: GMP, subscription and more

tech.hindustantimes.com:

Adani Wilmar IPO share allotment status online: The IPO (initial public offering) subscription of the edible oil major Adani Wilmar was closed on January 31 after three day. The company offered Rs. 3600 crore IPO for bidding. Price range for the Adani Wilmar IPO was fixed between Rs. 218 and Rs. 230. The bidding process was started on January 27 and the company received a strong response from the investors on the second day of the bidding process, i.e, January 28. It was oversubscribed 1.13 times. Adani Wilmar IPO GMP (grey market premium) was Rs. 25 on January 31, as per market sources quoted by Live Mint.

Among all the subscribers, Retail Individual Investors (RIIs) was subscribed 1.85 times on the second day of the Adani Wilmar IPO, while non-institutional investors received 88 percent and Qualified Institutional Buyers (QIBs) subscribed 39 percent, according to BSE.

The Adani Wilmar IPO share allotment is expected to be listed on the BSE and NSE stock exchanges by February 8, 2022. The subscribers will have to wait for the announcement of the allotment status of the Adani Wilmar IPO. Once the allotment status will be announced, subscribers can check the application status on the official website of the Bombay stock exchange (BSE) and the company's official registrar for the IPO Link Intime. Here is how you can check the Adani Wilmar IPO share allotment status online.

Step 1: First log in to the BSE website, bseindia.com or you can simply click on this direct link - https://www.bseindia.com/investors/appli_check.aspx.

Step 2: Next, click on Adani Wilmar IPO in the dropdown menu.

Step 3: Now, enter your application number allotted for Adani Wilmar IPO and your Permanent Account Number (PAN card number)

Step 4: Next, confirm