Kaynes Technology IPO subscription closes today; know share allotment date, GMP, more
Want to subscribe to the initial public offering (IPO) of the Kaynes Technology India Limited's (KTIL)? You need to do it today, as the issue closes for subscription on Monday, November 14. The IPO opened for the bidding process on Thursday, November 10, 2022 and got subscribed 1.10 times on the second day of subscription on Friday. As per market observers, Kaynes Tech shares are available at a premium (GMP) of Rs. 115 in the grey market today, according to a report by Live Mint.
On the second day of the bidding process, the shares reserved for the retail category got subscribed 0.47 times, 2.45 times in the QIB category, and 0.77 times in the NII category. The share allotment status of the Kaynes Technology IPO is likely to happen on November 17, 2022. While the shares of the company will get listed on the exchanges- BSE and NSE on November 22.
Once the Kaynes Technology IPO share allotment status will be finalised and declared, investors will be able to check the same online by visiting the official website of BSE or the registrar of the IPO. It can be known that the registrar of the Kaynes Technology IPO is Link Intime India Private Ltd. Here are the steps you will have to follow to check the Link Intime India Private Ltd share allotment status.
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 the name of the company- Kaynes Technology IPO in the menu (will appear only after the finalisation of the allotment status).
3. Enter your application number allotted for Kaynes Technology IPO.
4. Then enter your Permanent Account Number (PAN card number).
5. Click at 'I'm not a robot' and confirm the captcha.
6. At last click at the 'Submit'
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