Today marks the much-anticipated allotment day for Infonative Solutions IPO, taking place on Friday, April 4. Investors who participated in this IPO can now check their allotment status through Kfin Technologies Ltd, the designated registrar. The IPO opened for subscription on March 28 and concluded on April 3, witnessing a robust subscription rate of 4.53 times by the final bidding day.
Quick Overview of Infonative Solutions IPO
- Subscription Period: March 28 – April 3
- Allotment Date: April 4
- Listing Date: April 8
- Subscription Rate: 4.53 times
For those eager to find out if they were successful in acquiring shares, the allocation basis provides insights into how many shares have been assigned. Successful applicants will see their shares reflected in their demat accounts, while those who did not receive any shares can expect a refund process to begin on April 7.
How to Check Your Allotment Status
Investors can easily verify their Infonative Solutions IPO allotment status online. Here’s how:
Via Kfin Technologies Ltd
- Click on this link to Kfin Technologies.
- Select Infonative Solutions IPO from the "Select IPO" dropdown menu.
- Choose your preferred method to view the status: PAN, Demat Account, or Application Number.
- If using the application number, enter it along with the captcha and click "Submit."
- For the Demat Account option, fill in your details and the captcha, then hit "Submit."
- If you select PAN, enter your PAN and captcha before clicking "Submit."
Via BSE
- Visit the official BSE website.
- Under ‘Issue Type’, choose Equity.
- Select Infonative Solutions IPO from the list of available issues.
- Enter your application number or PAN.
- Complete the CAPTCHA verification and click "Submit."
Current Grey Market Premium (GMP)
As of now, the Grey Market Premium (GMP) for Infonative Solutions IPO stands at ₹5. This premium suggests that shares are trading above the IPO price, indicating strong investor interest. Analysts expect the shares to list around ₹84, which is about 6.33% higher than the IPO price of ₹79.
Conclusion
With the Infonative Solutions IPO allotment happening today and the listing set for April 8, this is an exciting time for investors. Those who have applied can now check their status and prepare for the next steps in their investment journey. Stay tuned for further updates on this IPO and other market movements!
