The initial public offer (IPO) of Harsha Engineers which opened for subscription on Wednesday, September 14 got fully subscribed on the first bidding day. The issue received 1.92 times subscription, that is it received bids for 3,24,61,830 shares as against 1,68,63,795 shares on offer. Have you subscribed for the Harsha Engineers IPO yet? If not, you can do it today. The public offer will be closing for subscription on September 16. Meanwhile, according to market observers, shares of Harsha Engineers shares available at a premium (GMP) of Rs. 203 in the grey market today, as per a report by Live Mint. Those who get lucky during the draw will be looking to check Harsha Engineers IPO share allotment status online. Here is how to do it.
On the first day of the bidding process of the Harsha Engineers IPO the portion reserved for the retail investors got subscribed 2.28 times, while the quota for non-institutional investors was subscribed 3.60 times and the category for qualified institutional buyers (QIBs) got 0.05 times subscription, according to the information provided by NSE as on September 14, 17:00 hrs.
The Harsha Engineers IPO share allotment status is likely to be finalised on September 21, while it is expected to list on stock exchanges that is BSE and NSE on September 26, 2022. Once the share allotment status of Harsha Engineers IPO is finalised investors will be able to check it online on BSE's website and the official website of the registrar of the IPO- Link Intime India Private Ltd.
Visit the official website of BSE or click on the direct link given here— https://www.bseindia.com/investors/appli_check.aspx.
Select Harsha Engineers IPO in the menu. The name of the company will be available for selection only after
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