Vedant Fashions IPO - How to Check the Allotment Status

The Rs.3,149.19 crore IPO of Vedant Fashions Ltd, consisting entirely of an offer for sale (OFS), was subscribed 2.57X overall at the close of bidding on 08th February 2022. The basis of allotment will be finalized on 11th February 2022. If you have applied for the IPO, you can check your allotment status online. 

You can either check your allotment status on the BSE website or the IPO registrar, KFINTECH Private Limited (formerly Karvy Computershare). Here are the steps.

Checking the allotment status of Vedant Fashions Ltd on BSE website

Visit the BSE link for the IPO allotment by clicking on the link below https://www.bseindia.com/investors/appli_check.aspx

Once you reach the page, here are the steps to follow.

a) Under Issue Type – Select Equity Option
b) Under Issue Name – Select Vedant Fashions Ltd from the drop down box
c) Enter the Application Number exactly as in the acknowledge slip
d) Enter the PAN (10-digit alphanumeric) number
e) Once this is done, you need to click on the Captcha to verify that you are not a robot
f) Finally click on the Search Button

The allotment status will be displayed on the screen in front of you informing about the number of shares of Vedant Fashions IPO allotted to you. Please note here that although Vedant Fashions is already available in the BSE drop down list, you can see the actual allotment status output only after the allotment is finalized late on 11th February 2022. 

Checking the allotment status of Vedant Fashions Ltd on KFINTECH (Registrar to IPO)

Visit the KFINTECH registrar website for IPO status by clicking on the link below:
https://rti.kfintech.com/ipostatus/

Once you click on Recent IPOs, the dropdown will only show the active IPOs, so once the allotment status is finalized, you can select Vedant Fashions Ltd from the drop down box.

A) There are 3 options. You can either Query the allotment status based on PAN, Application Number or DPID-Client ID combination.

B) To Query by PAN, check the appropriate box and follow these steps.

i) Enter the 10-digit PAN number
ii) Enter the 6-digit Captcha Code
iii) Click on Submit button
iv) Allotment status gets displayed on screen

C) To Query by Application Number, check the appropriate box and follow these steps.

i) Select Application Type (ASBA or Non-ASBA)
ii) Enter the Application Number as it is
iii) Enter the 6-digit Captcha Code
iv) Click on Submit button
v) Allotment Status gets displayed on screen

D) To Query by DP-ID, check the appropriate box and follow these steps.

i) Select the depository (NSDL / CDSL)
ii) Enter the DP-ID
iii) Enter the Client-ID
iv) Enter the 6-digit Captcha Code
v) Click on Submit button
vi) Allotment Status gets displayed on screen

The speed of output in all these cases will depend on factors like the speed of the server, traffic on the server, the speed of your internet connection etc.

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