Tracxn Technologies IPO Share Allotment Today: How To Check Your Application Status?
The shares of Tracxn Technologies are expected to list on the BSE and the NSE on October 20, 2022.
Tracxn Technologies, whose initial public offering (IPO) was met with a positive response to its 3-day bidding process, is expected to finalise its share allotment status on Monday, October 17.
The ₹309 Crore IPO was an offer for sale (OFS) by the company’s promoters and investors. As per data shared by the National Stock Exchange (NSE), the IPO received bids for 4.27 Crore shares against the 2.12 Crore shared on offer. The price bank for the Tracxn Technologies IPO was fixed at ₹75-₹80 per share.
The retail individual investors (RIIs) category of the IPO was subscribed by 4.87 times and the qualified institutional buyers (QIBs) category was subscribed by 1.66 times the allotted quota. However, the response from the non-institutional investors was muted, with a subscription of only 80% of the allotted quota.
Tracxn Technologies IPO: How To Check Your Allotment Status?
The listing date for the shares of Tracxn Technologies on the Bombay Stock Exchange and the National Stock Exchange is expected to be October 20, 2022. The company is most likely to finalise the allotment of its shares on Monday, October 17, 2022. If you have applied for the IPO and are allotted the shares, you will receive the credit of your shares in your demat account on Wednesday, October 19, 2022.
Link Intime India Private Ltd. is the registrar for the Tracxn Technologies IPO. A registrar is a SEBI-registered entity that is entrusted with the responsibility to process all the applications received from the bidders and carry out the process of allotment of shares.
To check the allotment status of the IPO, you can visit the official Link Intime India Private Ltd. website or the BSE website.
The steps to check your allotment status are discussed below.
Steps To Check Tracxn Technologies IPO Allotment Status Via The Registrar
Select 'Tracxn Technologies Limited - IPO' in the drop box.
Enter any one of the following- IPO application number, DP client ID, or PAN number.
Click on the ‘Search’ button to check your allotment status.
Steps To Check Tracxn Technologies IPO Allotment Status Via BSE
Select ‘Equity’ under the ‘Issue type’ section.
Under the ‘Issue name’ section, select 'Tracxn Technologies Limited’ in the drop box.
Enter your IPO application number or your PAN number.
Select the 'I am not a Robot' button and click on the ‘Search’ button to view your IPO allotment status.
If you have applied for the IPO but have not been allotted the shares, you may receive a refund of your bidding amount on October 18, 2022. On the other hand, if you have been allotted the shares in the IPO, you may receive the credit of your shares in your demat account by October 19, 2022. The listing of the Tracxn Technologies shares is expected to be on October 20, 2022.
Also Read: Tracxn Technologies IPO Subscribed 2.01 Times On The Final Day