Elin Electronics IPO Stock Allocation: Learn about GMP, How to Check Status Online

The share allocation status of Elin Electronics’ initial public offering can be viewed online at BSE, KFin Tech, once announced. These are the steps to follow.

Investors and underwriters of the Elin Electronics Initial Public Offering (IPO) are now eagerly awaiting the completion of the share allotment status. According to the tentative schedule, the share allocation status of the Elin Electronics IPO is likely to be finalized on December 27. Notably, the Elin Electronics IPO was opened for subscription on December 20 and concluded on December 22. On the last and last day of subscription, the public broadcast was subscribed 3.09 times. Prior to the share allocation announcement, the shares of Rs. The IPO worth Rs 475 crore is available at a premium (GMP) of Rs. 5 on the gray market today, according to market watchers, according to a living mint report.

Elin Electronics IPO: Underwriting Details

On Thursday, the last day of subscription, the shares reserved for the QIB category received 4.51 times subscription followed by the Retail category with 2.20 times and NII receiving 3.29 times subscription.

Elin Electronics IPO: Award Date

The share allotment status of Elin Electronics’ initial public offering is likely to end on December 27. While the company’s shares are expected to be listed on both the BSE and NSE stock exchanges on Friday, December 30, 2022. Once share allotment status is declared, bidders and underwriters for the issue will be able to check it online.

They will need to visit the official website of BSE or the IPO registrar- KFin Technologies Limited to check the share allocation status of the Elin Electronics IPO. Here is a step-by-step guide to check the Elin Electronics IPO share allocation status.

Also READ  Elin Electronics IPO - Last Day To Bid - Know GMP, Assignment Date, How To Check Status Online

How to Check Elin Electronics IPO Stock Allocation Status Online via BSE

1. Visit the official BSE website or click on the direct link provided here: https://www.bseindia.com/investors/appli_check.aspx.

2. Select Elin Electronics IPO from the menu. In particular, the name of the company will be available only after the completion of the share allocation status.

3. Enter your assigned solicitation number for the initial public offering.

4. Then enter your Permanent Account Number (PAN card number).

5. Click ‘I’m not a robot’ and confirm the captcha.

6. Finally, tap on the ‘Send’ button. You will be able to see the allocation status of the Elin Electronics IPO on the screen.


How to Check Elin Electronics IPO Stock Allocation Status Online via KFin Technologies

Step 1:

Go to the official website of the IPO registrar which is KFin Technologies. You can also click on any of the links-

https://kcas.kfintech.com/ipostatus/ or https://kprism.kfintech.com/ipostatus/.

Step 2:

Select IPO name (Elin Electronics IPO) in dropbox, available only after declaration.

Step 3:

Select one of three modes: Request Number, Client ID, or PAN ID.

Step 4:

Enter the application details.

Step 5:

Enter the captcha and click the submit button. And you can check the status on your screen.


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