Shree Tirupati Balajee IPO Allotment Status

Summary

Shree Tirupati Balajee IPO has garnered an exceptional response from investors, closing with a remarkable subscription of 123.96 times by 9th September 2024 at 5:29:08 PM (Day 3). The public issue witnessed substantial demand across various investor categories, with the Non-Institutional Investors (NII) category leading the charge. The NII segment was subscribed 209.89 times, reflecting significant interest from wealthy individual investors and smaller institutions, with big NIIs (bids above ₹10L) subscribing 225.47 times and smaller NIIs (bids below ₹10L) subscribing 178.73 times.

The Qualified Institutional Buyers (QIB) category demonstrated robust engagement, subscribing 150.87 times, indicating strong confidence from institutional investors in Shree Tirupati Balajee's market potential. Retail investors also showed solid interest, with the IPO being subscribed 71.74 times in this category. This extraordinary response across all categories underscores the strong market enthusiasm for Shree Tirupati Balajee's offering and suggests positive investor sentiment towards the company's growth prospects.

How to Check Shree Tirupati Balajee IPO Allotment Status:

How do you Check Shree Tirupati Balajee IPO Allotment Status on the Registrar's Site?

Step 1: Visit the web gateway of Link Intime India Private Ltd. (https://linkintime.co.in/initial_offer/)

Step 2: From the selection menu, choose Shree Tirupati Balajee 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 Shree Tirupati Balajee IPO Allotment Status on BSE?

On the website of the Bombay Stock Exchange (BSE), investors who placed a bid for the Shree Tirupati Balajee 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 "Shree Tirupati Balajee Agro Trading Company 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 that indicates the available shares for allocation 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 " IPO " section 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.

Shree Tirupati Balajee IPO Timeline:

Shree Tirupati Balajee IPO Subscription Status

The Shree Tirupati Balajee IPO received 123.96 subscriptions. By 9th September 2024 at 5:29:08 PM (Day 3), the public issue had been subscribed 71.74 times in the retail category, 150.87 times in the QIB category, and 209.89 times in the NII category.

Subscription Day 3 (as of 5:29:08 PM)
Total Subscription: 123.96 times.
QIBs: 150.87 times.
Non-institutional investors: 209.89 times.
Retail investors: 71.74 times.

Subscription Day 2
Total Subscription: 18.34 times.
QIBs: 4.69 times.
Non-institutional investors: 28.64 times.
Retail investors: 21.73 times.

Subscription Day 1
Total Subscription: 6.53 times.
QIBs: 4.46 times.
Non-institutional investors: 5.29 times.
Retail investors: 8.24 times.

Shree Tirupati Balajee IPO Details

Shree Tirupati Balajee's initial public offering (IPO) is a book-built issue amounting to ₹169.65 crores. This offering consists of a fresh issue of 1.48 crore shares aggregating to ₹122.43 crores and an offer for sale of 0.57 crore shares aggregating to ₹ 47.23 crores.

The bidding process for the Shree Tirupati Balajee IPO commenced on 5th September 2024 and concluded on 9th September 2024. The allotment results for this IPO are anticipated to be finalised on 10th September 2024. Furthermore, the shares of Shree Tirupati Balajee are set to be listed on the BSE and NSE, with a provisional listing date scheduled for 12th September 2024.

The price range for the Shree Tirupati Balajee IPO has been established between ₹78 and ₹83 per share. Investors must apply for a minimum lot size of 180 shares, which requires a minimum investment of ₹14,940 for retail investors. For small non-institutional investors (sNII), the minimum investment consists of 14 lots (2,520 shares), totalling ₹209,160. In contrast, for big non-institutional investors (bNII), the minimum investment is 67 lots (12,060 shares), amounting to ₹1,000,980.

Pnb Investment Services Ltd and Unistone Capital Pvt Ltd serve as the book-running lead managers for the Shree Tirupati Balajee IPO. Link Intime India Private Ltd is designated as the registrar for this offering.