Check your Quality Power IPO allotment status today on BSE, NSE, or Link Intime. See if your application was successful!
The Quality Power IPO opened for subscription from February 14 to February 18. After its three-day bidding process, the allotment of shares is likely to be finalised today, February 19.
Investors who applied for Quality Power IPO can check their allotment status online, which is expected to be finalised today.
If you are one of them, here is how to check the status on multiple platforms such as NSE, BSE, and the registrar, Link Intime.
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Here is how to check the allotment status online
– Via BSE
- Visit the BSE IPO application check page.
- Select ‘Equity’ as the Issue Type.
- Choose ‘Quality Power Electrical Equipments Limited’ from the dropdown list.
- Enter your Application Number or PAN.
- Verify by checking ‘I am not a robot’ and click Search.
– Via NSE
- Open the NSE Application Status page.
- Select ‘Equity and SME IPO bid details’.
- Choose ‘Quality Power’ from the list of companies.
- Enter your Application Number and PAN.
- Click Submit to check the allotment status.
– Via Link Intime (IPO Registrar Website)
- Go to the Link Intime IPO page.
- Select ‘Quality Power Electrical Equipments Limited’ from the dropdown menu.
- Choose any of the options: PAN, Application Number, DP ID, or Account Number.
- Enter the required details and click Search.
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Quality Power IPO: GMP
Currently, the grey market premium for Quality Power IPO is Ra 0 per share. This suggests that the expected listing price will likely remain at Rs 425 per share, the same as the IPO issue price.
Quality Power IPO: Subscription details and listing date
The Quality Power IPO was open for public subscription from February 14 to February 18. After the allotment process, the company is set to be listed on the Indian bourses on February 21.
The price band of the issue is set between the range of Rs 401 to Rs 425 per share. The total fundraising amounted to Rs 858.70 crore, comprising fresh issue of 52.94 lakh shares, raising Rs 225 crore and an OFS of 1.49 crore shares worth Rs 633.70 crore.
Quality Power IPO: Subscription breakdown
The IPO received 1.29 times overall subscription on the final day of bidding. The retail portion was subscribed 1.82 times. Similarly, the QIB portion was booked 1.03 times and the NII was subscribed 1.45 times.
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Quality Power IPO: Key players of the issue
The book running lead manager of this mainboard issue is Pantomath Capital Advisors, whereas Link Intime is the registrar for the issue.
