Shiv Texchem IPO Allotment Status

Summary

Shiv Texchem IPO has received an exceptional response from investors, closing with an impressive subscription of 156.55 times by 10th October 2024 at 5:11:08 PM (Day 3). The public issue witnessed substantial demand across all investor categories.

The Non-Institutional Investors (NII) category led the charge with an extraordinary subscription of 455.58 times. The Qualified Institutional Buyers (QIB) portion demonstrated strong engagement, subscribing 86.70 times. The Retail Investors segment also showed significant interest, subscribing 68.26 times. The Anchor Investors and Market Maker portions were fully subscribed.

This exceptional response across all categories underscores the overwhelmingly positive market sentiment towards Shiv Texchem's offering and suggests highly optimistic investor expectations for the company's future performance.

How to Check Shiv Texchem IPO Allotment Status:

How do you Check Shiv Texchem IPO Allotment Status on the Registrar's Site?

Step 1: Visit the web portal of Link Intime India Private Ltd (https://linkintime.co.in/initial_offer/public-issues.html)

Step 2: From the selection menu, choose Shiv Texchem 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 Shiv Texchem IPO Allotment Status on BSE?

On the website of the Bombay Stock Exchange (BSE), investors who placed a bid for the Shiv Texchem 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 "Shiv Texchem 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.

Shiv Texchem IPO Timeline:

Shiv Texchem IPO Subscription Status

Shiv Texchem IPO received 156.55 subscriptions. By 10th October 2024 at 5:11:08 PM (Day 3), the public issue had been subscribed 68.26 times in the retail category, 86.70 times in the QIB category, and 455.58 times in the NII category.

Subscription Day 3 (as of 5:11:08 PM)
Total Subscription: 156.55 times
QIB: 86.70 times
NII: 455.58 times
Retail investors: 68.26 times

Subscription Day 2
Total Subscription: 11.58 times
QIB: 3.22 times
NII: 15.81 times
Retail investors: 14.54 times

Subscription Day 1
Total Subscription: 3.79 times
QIB: 3.11 times
NII: 2.28 times
Retail investors: 4.83 times

Shiv Texchem IPO Details 

Shiv Texchem's initial public offering (IPO) is a book built issue amounting to ₹101.35 crores. This offering consists of a fresh issue of 61.06 lakh shares.

The bidding process for the Shiv Texchem IPO commenced on 8th October 2024 and concluded on 10th October 2024. The allotment results for this IPO are anticipated to be finalised on 11th October 2024. Furthermore, the shares of Shiv Texchem are set to be listed on the BSE SME, with a provisional listing date scheduled for 15th October 2024.

The Shiv Texchem IPO price band has been established between ₹158 and ₹166 per share. Investors must apply for a minimum lot size of 800 shares, which requires a minimum investment of ₹132,800 for retail investors. For non-institutional investors (NII), the minimum investment consists of 2 lots (1,600 shares), totalling ₹265,600.

Vivro Financial Services Private Limited serves as the book running lead manager for the Shiv Texchem IPO. Link Intime India Private Ltd is designated as the registrar for this offering.