New Delhi: The Initial Public Offering (IPO) allotment of Paytm’s parent company One97 is expected to be announced on Tuesday, November 16. Investors who have subscribed to Paytm IPO can check the allotment status through the official registrar website or the Bombay Stock Exchange (BSE). ) door.
The Paytm IPO was eventually subscribed 1.89 times, despite the fact that there was not much interest in the offer in the first two days of subscription. Overall, IPOs were oversubscribed 2.79x by QIBs and 1.66x by retail investors.
Overall, the fintech giant received 9,14,09,844 bids against 4,83,89,422 shares available with the offer. As the demand for the offer increases on the last day of subscription, it is expected that the investors who have received the shares can get good listing benefits. You have to wait for Paytm IPO allotment date to check your bid status.
How to Check Paytm IPO Allotment Status?
If you were a customer of Paytm IPO, you would be curious to know whether you have received shares against your bid or not. You can use the following steps to check Paytm IPO allotment status:
Step 1. Visit the official website of BSE https://www.bseindia.com/investors/appli_check.aspx ,
Step 2. Select the ‘Equity’ option in the Issue Type column.
Step 3. Click on ‘ONE97 COMMUNICATIONS LTD’ from the Issue Name drop-down menu.
Step 4. Enter your application number and PAN card details.
Step 5. Verify the Captcha Challenge and click on the ‘Search’ option.
After following the steps mentioned above, you will be able to check the Paytm IPO allotment status of your bid. Investors who did not receive the shares would get the money back in their bank accounts within a few days. Read also: PM Modi transferred the first installment of PMAY-G to over 1.47 lakh beneficiaries in Tripura
On the other hand, the investors who have got the Paytm IPO allotment will receive the shares in their demat account on the day of listing of the stock. Investors can then decide to sell or hold the shares on the stock exchange. Read also: Garena Free Fire emerges as the most downloaded mobile game for October
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