NeoPolitan Pizza and Foods IPO Allotment Status

resr 5paisa Research Team

Last Updated: 4th October 2024 - 06:59 pm

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Summary

NeoPolitan Pizza and Foods IPO has received an exceptional response from investors, closing with a subscription of 32.71 times by 4th October 2024 at 5:07:07 PM (Day 4). The public issue witnessed substantial demand across investor categories. The Retail Investors segment led the charge with a subscription of 42.62 times. The Non-Institutional Investors (NII) category also showed strong interest, subscribing 20.72 times.

The Market Maker portion was fully subscribed. This strong response across categories underscores the positive market sentiment towards NeoPolitan Pizza and Foods' offering and suggests optimistic investor expectations for the company's future performance.

How to Check NeoPolitan Pizza IPO Allotment Status:

How do you Check NeoPolitan Pizza IPO Allotment Status on the Registrar's Site?

Step 1: Visit the web portal of Bigshare Services Pvt Ltd (https://ipo.bigshareonline.com/)

Step 2: From the selection menu, choose NeoPolitan Pizza IPO.

Step 3: Pick a mode from the following three: PAN ID, Demat Account number, or Application number

Step 4: Choose "Application Type," then "ASBA" or "non-ASBA."

Step 5: Enter the information relevant to the mode you have chosen.

Step 6: For security reasons, please fill out the captcha accurately.

Step 7: Click "Submit."

How to Check NeoPolitan Pizza IPO Allotment Status on BSE?

On the website of the Bombay Stock Exchange (BSE), investors who placed a bid for the NeoPolitan Pizza IPO can monitor the allotment status:

Step 1: Click on this link: https://www.bseindia.com/investors/appli_check.aspx

Step 2: Click on "Issue Type" and choose "Equity."

Step 3: Choose "NeoPolitan Pizza Limited" from the dropdown menu under "Issue Name."

Step 4: Enter your application number.

Step 5: Give the PAN ID.

Step 6: Select 'I am not a robot' and press the search button.

How to Check IPO Allotment Status in a Bank Account?

Log into your Internet Banking: Go to your bank's website or mobile app and log in.

Explore IPO Section: Locate the "IPO Services" or "Application Status" sections by going to the IPO Section. You can find this under the investing or services tab.

Offer Required Information: You might be asked to provide information like your PAN, application number, or other identifiers.

Verify Allotment Status: Once you submit your information, an IPO allotment status indicating the available allocation shares should appear.

Verify Status: To ensure accuracy, you can verify the status with the IPO Registrar or use other resources.

How to Check IPO Allotment Status in a Demat Account? 

Open Your Demat Account and Log in: To access your Demat account, use the mobile app or website of your Depository Participant (DP).

Find IPO Section: Look for the section titled "IPO" or "Portfolio." Search for any services or entries connected to the IPO.

Verify IPO Allotment Status: Look through the IPO section to see if the shares you were given are visible in your Demat account. This section often displays the status of your IPO application.

Verify with Registrar: If the IPO shares are inaccessible, visit the Registrar's website and enter your application data to verify allocation.

Contact DP service if Needed: If there are any discrepancies or problems, contact your DP's customer service.

NeoPolitan Pizza IPO Timeline:

Event Indicative Date
NeoPolitan Pizza and Foods IPO Open Date 30th September 2024
NeoPolitan Pizza and Foods IPO Close Date 4th October 2024
NeoPolitan Pizza and Foods IPO Allotment Date 7th October 2024
NeoPolitan Pizza and Foods IPO Initiation of Refunds 8th October 2024
NeoPolitan Pizza and Foods IPO Credit of Shares to Demat 8th October 2024
NeoPolitan Pizza and Foods IPO Listing Date 9th October 2024

 

NeoPolitan Pizza IPO Subscription Status

NeoPolitan Pizza and Foods IPO received 32.71 subscriptions. By 4th October 2024 at 5:07:07 PM (Day 4), the public issue had been subscribed 42.62 times in the retail category and 20.72 times in the NII category. 

Subscription Day 4 (as of 5:07:07 PM)
Total Subscription: 32.71 times
NII: 20.72 times
Retail investors: 42.62 times

Subscription Day 3
Total Subscription: 9.42 times
NII: 1.94 times
Retail investors: 16.90 times

Subscription Day 2
Total Subscription: 2.78 times
NII: 0.44 times
Retail investors: 5.12 times

Subscription Day 1
Total Subscription: 0.83 times
NII: 0.12 times
Retail investors: 1.54 times
 

NeoPolitan Pizza IPO Details 

NeoPolitan Pizza and Foods' initial public offering (IPO) is a fixed price issue amounting to ₹12.00 crores. This offering consists of a fresh issue of 60 lakh shares.

The bidding process for the NeoPolitan Pizza and Foods IPO commenced on 30th September 2024 and concluded on 4th October 2024. The allotment results for this IPO are anticipated to be finalised on 7th October 2024. Furthermore, the shares of NeoPolitan Pizza and Foods are set to be listed on the BSE SME, with a provisional listing date scheduled for 9th October 2024.

The NeoPolitan Pizza and Foods IPO price has been established at ₹20 per share. Investors must apply for a minimum lot size of 6000 shares, which requires a minimum investment of ₹120,000 for retail investors. For non-institutional investors (NII), the minimum investment consists of 2 lots (12,000 shares), totalling ₹240,000.

Turnaround Corporate Advisors Private Limited serves as the book running lead manager for the NeoPolitan Pizza and Foods IPO. Bigshare Services Pvt Ltd is designated as the registrar for this offering.

 

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