Swiggy IPO share allotment will be completed on Monday, November 11, 2024 and investors can check their allotment status on the Swiggy IPO registrar portal, Link Intime India.

Below are the steps to check Swiggy IPO allotment status:

Step 1: Go to: website IPO registrar Link Intime India Private Ltd.

Step 2: Select the company name from the drop-down menu. This will only appear after the allocation procedure is completed.

Step 3: Select Application Number, Demat Account or PAN link.

Step 4: Select ASBA or non-ASBA as your application type.

Step 5: Provide details about the option selected in Step 2.

Step 6: Fill out the captcha before submitting the form.

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Apart from this, it is also possible to check the allotment status on the websites of Bombay Stock Exchange (BSE) and National Stock Exchange (NSE). The steps are detailed as follows:

BSE

Step 1: visit allocation page On the official website of BSE.

Step 2: Select ‘Equity’ from the ‘Issue Type’ options.

Step 3: Select the IPO from the list under ‘Issue Name’.

Step 4: Enter your PAN or application number.

Step 5: Click ‘I’m Not a Robot’ to confirm your identity and then press the ‘Submit’ button.

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NSE

How to check Swiggy IPO allocation status on NSE?

Step 1: Go to official NSE website.

Step 2: Click ‘Click here to sign up’ to register for your PAN.

Step 3: Enter your username, password and captcha code.

Step 4: On the new page displayed, search for IPO allotment status.

Details of Swiggy IPO

If the shares are not allocated, the company will initiate the application process and the shares will be transferred to the buyers’ current accounts.

The refund process for those who were not given shares will begin on Tuesday, November 12.

Swiggy’s IPO listing date is Wednesday, November 13.

It opened for public subscription on Wednesday, November 6, and closed on Friday, November 8. The price range was determined as follows: ₹371 and ₹390 per share. According to BSE data, the IPO subscription was 3.59 times on the last bidding day.

The company aimed to grow ₹11,327.43 crore (considering the upper end of the price band) through a combination of a fresh issue comprising 11.54 crore equity shares worth ₹4,499 crore and offer for sale (OFS) of shares worth 17.51 ​​crore ₹6,828.43 crore.

75% of the shares are reserved for Qualified Institutional Bidders (QIB), 15% for Non-Institutional Investors (NII) and 10% for individual investors.

750,000 shares were allocated to employees at a discount ₹25 from the launch price.

The percentage of shares allocated to qualified institutional buyers (QIBs) was oversubscribed by 6.02 times, while retail individual investors (RIIs) were oversubscribed by 1.14 times. While the quota of non-institutional investors constituted 41% of the total subscription, the employee allocation was 1.65 times subscribed.

Gray market premium (GMP) ₹According to the Mint report, today it ranks 1st and has a downward trend, being at the lowest level ₹0 and maximum assets ₹25.

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