Vedant Fashions IPO share allotment likely today: Check status online; know GMP too

tech.hindustantimes.com:

Vedant Fashions IPO share allotment status: The company closed its initial public offering (IPO) for subscription on February 8, 2022. The issue has been subscribed 2.57 times in the three days of bidding process. And now the investors would be eagerly waiting for the initiation of the share allotment process. Vedant Fashions IPO share allotment status is likely to be finalised on February 11, 2022. According to stock market observers, Vedant Fashions IPO GMP today is at Rs. 10. Vedant Fashions is the owner of the ethnic wear brand Manyavar and Mohey.

As per the Vedant Fashions IPO subscription status, the retail portion received 0.39 times subscription, while Qualified Institutional Buyers (QIBs) quota was subscribed 7.49 times. Non-institutional investors got 1.07 times subscription. It can be known that the IPO listing date is expected to be February 16, 2022. Interested investors can check the allotment status on the official website of BSE as well as online portal of its registrar that is KFin Technologies Private Ltd.

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

Step 2: Following that, click on Vedant Fashions IPO in the menu. (Available only after the allotment status will be finalised and declared.)

Step 3: Then, enter your application number allotted for Vedant Fashions IPO and your Permanent Account Number (PAN card number).

Step 4: Now, confirm the captcha by checking the 'I'm not a robot' box.

Step 5: Finally tap the ‘Submit’ button.

Step 6: You will be able to see the final Adani Wilmar IPO allotment status online displayed on your screen.