Indegene IPO Allotment: How to Check Allotment, GMP, Listing Date, and More

As the eagerly awaited Indegene IPO gears up for listing, investors are eager to check the allotment status and stay updated on other crucial details. Here's a comprehensive guide on how to check the Indegene IPO allotment status, along with insights into the grey market premium (GMP), listing date, and subscription figures.

Indegene IPO Allotment Status

Indegene Limited is expected to announce its share allotment status on Thursday, May 9. Investors can check the allotment status on the registrar’s website for updates on their application status.

Subscription Figures

The Indegene IPO witnessed overwhelming demand during its subscription period, with the offering subscribed a remarkable 69.63 times. The qualified institutional buyer (QIB) portion saw a staggering subscription of 197.55 times, while the non-institutional investors portion was subscribed 54.63 times. Retail investors also participated actively, with the retail portion subscribed 7.58 times.

Grey Market Premium (GMP)

Shares of Indegene are currently commanding a grey market premium (GMP) of ₹260 per share. GMP reflects the premium at which IPO shares are traded in the unofficial market before their official listing on the stock exchanges.

Listing Date

The shares of Indegene are scheduled to be listed on the stock exchanges on May 13, marking an eagerly anticipated event for investors eagerly awaiting the trading debut of this Bengaluru-based company.

How to Check Allotment Status

Investors can check the allotment status of the Indegene IPO on the registrar’s website. Simply visit the designated portal and enter the required details, such as application number or PAN, to access the allotment status.

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