Harsha Engineers IPO share allotment online: Know GMP, how to check allotment status online
The initial public offer (IPO) of Harsha Engineers is now closed for subscription and the investors are eagerly waiting for the announcement of the share allotment status to know if they have got the shares. The Harsha Engineers IPO opened for subscription on September 14 and closed after three days of bidding process on September 16. The finalisation of share allotment status of the Rs. 755 crore public offering is expected to happen on September 21. Once declared investors will be able to check the allotment status online by visiting the official website of BSE or the registrar of the IPO- Link Intime India Private Ltd. Meanwhile, according to market observers, shares of Harsha Engineers International Ltd are available at a premium of Rs. 215 in grey market (GMP) today, as per a report by Live Mint.
Harsha Engineers IPO was subscribed 74.70 times on the last day of the bidding process. On the third day of the subscription process, the portion reserved for QIBs received bids 178.26 times, followed by NII category (HNIs) which was subscribed by 71.32 times, and retail individual investors which was oversubscribed by 17.63 times.
As already stated, the Harsha Engineers IPO share allotment status is likely to be finalised on September 21. The company is expected to list on stock exchanges (BSE and NSE) on September 26, 2022. Here is how you can check the share allotment status online:
1. Visit the official website of BSE or click on the direct link given here— https://www.bseindia.com/investors/appli_check.aspx.
2. Select Harsha Engineers IPO in the menu. The name of the company will be available for selection only after the announcement of the allotment status.
3. Enter your application number allotted for Harsha Engineers
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