Contents
- 1 Introduction
- 2 What is Interarch Building Products IPO?
- 3 Why Check IPO Allotment Status?
- 4 How to Check Interarch Building Products IPO Allotment Status
- 5 Understanding the Allotment Process
- 6 Post-Allotment Steps
- 7 Interarch Building Products IPO Subscription Status
- 8 Expected Listing Gains
- 9 Conclusion
Introduction
If you participated in the recent Interarch Building Products IPO, you’re likely eager to check Interarch Building Products IPO allotment status. The allotment process is a crucial step that determines whether you’ve successfully acquired shares. In this article, we’ll guide you through the various methods to check your allotment status and provide you with essential details about the IPO itself.
What is Interarch Building Products IPO?
Interarch Building Products Limited is a provider of turnkey pre-engineered steel construction solutions in India. The company recently launched its IPO to raise funds for setting up a new manufacturing unit and upgrading existing facilities.
Key Details of Interarch Building Products IPO (IBPL IPO)
| Detail | Information |
|---|---|
| IPO Open Date | August 19, 2024 |
| IPO Close Date | August 21, 2024 |
| Allotment Date | August 22, 2024 |
| Price Band | ₹850 – ₹900 |
| Lot Size | 16 shares |
| Expected Listing Date | August 26, 2024 |
| IPO Size | ₹600.29 crores |
Why Check IPO Allotment Status?
Checking the allotment status is crucial for investors who want to confirm their share allocation. It helps you:
- Verify if you received shares.
- Plan your next steps based on the allotment.
- Understand your investment position before the shares are listed.
How to Check Interarch Building Products IPO Allotment Status
There are several methods to check your allotment status. Here’s a step-by-step guide for each method:
Method 1: Through the Registrar’s Website
The registrar for the Interarch Building Products IPO is Link Intime India. Follow these steps to check your allotment status:
- Visit the Link Intime Website: Go to the official Link Intime website.
- Find IPO Allotment Section: Look for the ‘IPO Allotment’ or ‘Check Allotment Status’ link.
- Select Interarch Building Products: Choose “Interarch Building Products” from the dropdown menu.
- Enter Required Information: You can enter your Application Number, PAN, or other details.
- Submit: Click on the submit button to view your allotment status.
Method 2: Through the BSE Website
You can also check your allotment status on the Bombay Stock Exchange (BSE) website. Here’s how:
- Visit the BSE Website: Go to the official BSE website.
- Select ‘Equity’: Under the Issue Type, select ‘Equity’.
- Choose Interarch Building Products: From the dropdown menu, select Interarch Building Products Ltd.
- Enter Application No or PAN: Fill in your application number or PAN.
- Submit: Click on ‘I am not a Robot’ and then hit ‘Submit’.
Method 3: Through Your Broker
If you have a trading account, you can check your allotment status through your broker’s platform:
- Log into Your Trading Account: Access your account with your stockbroker.
- Navigate to the IPO Section: Look for the IPO or investment section.
- Select Interarch Building Products IPO: Click on the IPO to check the status.
- View Allotment Status: Your allotment status should be displayed on the screen.
Understanding the Allotment Process
The allotment process involves several steps:
- Bidding: Investors place bids during the subscription period.
- Allotment Calculation: The registrar calculates the allotment based on demand and available shares.
- Finalization: The final allotment list is prepared and published.
- Refunds: If you do not receive shares, the excess amount will be refunded to your bank account.
Factors Affecting Allotment
Several factors can influence your allotment status:
- Demand: High demand can lead to a lower allotment ratio.
- Investor Category: Retail investors may have a different allotment ratio compared to institutional investors.
- Lot Size: The minimum investment amount can also affect how many shares you receive.
Post-Allotment Steps
After checking your Interarch Building Products IPO allotment status, you can take the following actions:
- If Allotted Shares:
- Monitor the stock price after listing.
- Decide whether to hold or sell based on market conditions.
- If Not Allotted:
- Review your investment strategy.
- Consider participating in future IPOs.
Interarch Building Products IPO Subscription Status
The Interarch Building Products IPO has seen a strong subscription rate. As of the latest updates, the IPO was subscribed 93.46 times on the last day, reflecting high investor confidence in the company’s growth potential.
Key Subscription Details
| Category | Subscription Status |
|---|---|
| Retail Investors | 19 times |
| Qualified Institutional Buyers (QIB) | 205.41 times |
| Non-Institutional Investors (NII) | 128.35 times |
| Employees | 23.93 times |
Expected Listing Gains
The Grey Market Premium (GMP) for the Interarch Building Products IPO is currently ₹354, indicating a positive outlook for the stock once it is listed. However, actual listing gains can vary based on market conditions.
Conclusion
Checking your Interarch Building Products IPO allotment status is a straightforward process. By following the methods outlined above, you can easily find out if you received shares. Understanding the IPO process, factors affecting allotment, and post-allotment steps can enhance your investment strategy.
Investing in IPOs can be rewarding, and staying informed is key to making the best decisions. Whether you received shares or not, keep exploring future opportunities in the market.
