Broach Lifecare Hospital IPO Allotment Status

Summary

The Broach Lifecare Hospital IPO has successfully closed with impressive figures, reflecting strong investor confidence. By Day 3, the IPO saw a total subscription of 151.28 times, marking a significant demand across all investor categories. The Non-Institutional Investors (NII) category was oversubscribed by 87.70 times, while the Retail Individual Investors (RII) category led with a remarkable 211.47 times subscription. These numbers underline the robust interest in the IPO, making it a highly successful offering in the market. The enthusiastic response from retail and non-institutional investors alike signals strong faith in the company's potential and future growth prospects.

How to Check Broach Lifecare Hospital Allotment Status:

How do you Check Broach Lifecare Hospital IPO Allotment Status on the Registrar's Site?

Step 1 - Go to the registrar's website- https://ris.kfintech.com/ipostatus/ and click on "Check Allotment Status"

Step 2 - Select "Broach Lifecare Hospital" as company name

Step 3 - Enter your PAN number or, application number, or DP client ID

Step 4 - Click on "Search"

Step 5 - Check the allotment status result

If you have received share allotment, the allotted shares will be credited to your Demat account.

How to Check Broach Lifecare Hospital IPO Allotment Status on BSE?

Step 1- First, go to the BSE website and find the IPO allotment page. The address is https://www.bseindia.com/investors/appli_check.aspx.

Step 2 - When you get there, you'll need to sign up for an account real quick. They'll ask for your PAN card number to do that.

Step 3 - After you enter your PAN details, choose a username and password you can remember later. Also, type in the scrambled letters they show you to prove you're human.

Step 4 - Once you've completed all that's required, the website will take you back to the main allotment status page. Like magic, it'll now show your IPO result—whether you got shares allotted for Broach Lifecare.

How to Check IPO Allotment Status in a Bank Account?

1. Log in to Your Netbanking: First, log into your bank account through the bank's website or mobile app.

2. Navigate to the IPO Section: Look for the 'Investing' or 'Services' tab. You’ll find an option related to IPOs there.

3. Enter Your Details: You must provide your PAN number or application number. Fill in the required information.

4. Check for Allotted Shares: Once you submit your details, the system will show whether you’ve been allotted any IPO shares.

5. Double-check the Status: To be sure, you can also cross-check the allotment status with the company’s registrar directly.

How to Check IPO Allotment Status in a Demat Account?

1. Log in to Your Demat Account: Access your Demat account through your Depository Participant’s (DP) app or website.

2. Find the IPO Section: Navigate to the "IPO" section or look under "Portfolio" for details about your IPO applications.

3. Check Allotment Status: Check to see if you have been allotted shares from the IPO. This information is usually available in the IPO section.

4. Confirm with the Registrar: If you don’t see the IPO shares in your Demat account, visit the registrar's website and enter your IPO application details to double-check your allotment status.

5. Reach Out for Help if Needed: If there’s any difference between the status shown and the shares actually credited, contact your DP’s customer service for help resolving the issue.

Broach Lifecare Hospital IPO Timelines:

Broach Lifecare Hospital IPO Subscription Status

By August 16, 2024, at the close of Day 3, the Broach Lifecare Hospital IPO was subscribed a remarkable 151.28 times. The public issue saw robust participation across all categories, with the retail category leading the charge, subscribed 211.47 times, followed by the Non-Institutional Investors (NII) category, which saw a subscription of 87.70 times.

Subscription Day 3
Total Subscription: 151.28 times
Retail Investors: 211.47 times
Non-Institutional Investors (NII): 87.70 times

Subscription Day 2
Total Subscription: 30.33 times
Retail Investors: 53.69 times
Non-Institutional Investors (NII): 6.96 times

Subscription Day 1
Total Subscription: 8.73 times
Retail Investors: 15.91 times
Non-Institutional Investors (NII): 1.55 times

Broach Lifecare IPO Details

Broach Lifecare Hospital is raising money through an initial public offering (IPO). It is offering 16.08 lakh shares to the public at a price of ₹25 per share, so it is hoping to raise ₹4.02 crore in total.

The Broach Lifecare IPO opened for applications on August 13, 2024, and closes today, August 16. By August 19, Broach Lifecare will finalise who gets an allotment of shares. The shares will start trading on the exchange of BSE small and medium-sized companies on August 21.

For individual investors putting in money, the minimum order size is 6000 shares, which works out to ₹1.5 lakhs. For bigger investors called HNIs, the minimum is 12,000 shares or ₹3 lakhs worth.

Fedex Securities is the lead manager of the IPO process. Kfin Technologies is the registrar of all share allotments. After trade Broking will help provide liquidity for shares when trading starts.