Manba Finance IPO Allotment: A Comprehensive Guide to Checking Your Allotment
The Manba Finance IPO has generated significant interest among investors, with the subscription period running from September 23 to September 25, 2024. As the allotment date approaches, many are eager to find out how to check their allotment status. This guide will provide you with all the necessary details about the IPO and the steps to check your allotment status.
Key Details of the Manba Finance IPO
- Offer Period: September 23, 2024 – September 25, 2024
- Allotment Date: Expected on September 26, 2024
- Listing Date: Scheduled for September 30, 2024
- Price Band: ₹114 – ₹120 per equity share
- Issue Size: Approximately ₹492.88 crore
- Registrar: Link Intime India Pvt Ltd
The IPO received a strong response from investors, being oversubscribed by approximately 31.69 times, indicating robust demand across all investor categories.
How to Check Your Manba Finance IPO Allotment Status
To check your allotment status for the Manba Finance IPO, follow these simple steps:
- Visit the Registrar’s Website: Go to Link Intime India.
- Select the IPO Name: Look for the link related to Manba Finance IPO allotment status.
- Enter Required Details:
- You can enter either your PAN number, Application Number, or DP Client ID.
- Click on Search: After entering the details, click on the search button to view your allotment status.
- View Allotment Results: The results will display whether you have been allotted shares and how many.
Example of Allotment Status Display
Once you check your status, it may look something like this:
- PAN No.: ABCTY1234D
- Application No.: 9876543210
- Name: Rakesh J
- Shares Applied: 40
- Shares Allotted: 40
Important Dates to Remember
- Allotment Announcement Date: September 26, 2024
- Initiation of Refunds (if applicable): October 3, 2024
- Credit of Shares to Demat Accounts: October 3, 2024
- Listing on BSE/NSE: October 4, 2024
FAQs About Manba Finance IPO Allotment
- When will the allotment status be available?
- The allotment status is expected to be available on September 26, 2024.
- Can I check my allotment status on BSE/NSE?
- Yes, you can also check your allotment status on the official BSE and NSE websites using your application number and PAN.
- What if I do not receive any shares?
- If you do not receive shares, your application amount will be refunded as per the timeline provided.
Conclusion
The Manba Finance IPO has sparked considerable interest in the market, and checking your allotment status is a straightforward process that can be done online. As we approach the allotment date of September 26, make sure to follow the steps outlined above to stay informed about your investment.Stay tuned for updates on listing day as Manba Finance prepares to make its debut on the stock exchanges!