Awfis Space IPO Allotment Status: Check Now!

Awfis Space Solutions IPO Allotment Finalized, Listing Date Set for May 30

Investors who applied for the Awfis Space Solutions IPO can now check their share allotment status as it will be finalized today, Tuesday, May 28. The IPO subscription status on the final day of bidding was an impressive 108.56 times, as per BSE data.

To check if they have received any shares and how many, investors can use the basis of allotment. The quantity of shares allocated will also be displayed. For those who applied but were not allotted shares, the refund process will begin. Shares allotted will be credited to their demat accounts.

Individuals who received shares will see their demat accounts credited on Wednesday, May 29. The refund process will also start on the same day once the allocation is finalized.

The listing date for the Awfis Space Solutions IPO is set for Thursday, May 30 on both BSE and NSE.

If you have applied for the IPO, you can check the allotment status on the registrar’s portal, Bigshare Services Pvt Ltd. You can also check on the BSE and NSE websites using your application number or PAN.

The IPO issue size is worth ₹599 crore, with the net proceeds intended for capital expenditure, working capital requirements, and general corporate purposes. The book running lead managers are ICICI Securities Limited, Axis Capital Limited, Iifl Securities Ltd, and Emkay Global Financial Services Ltd, with Bigshare Services Pvt Ltd as the registrar.

The IPO GMP today is +129, indicating a premium in the grey market. The expected listing price is ₹512 apiece, 33.68% higher than the IPO price of ₹383.

Overall, the Awfis Space Solutions IPO has generated significant interest among investors, with a strong listing anticipated. Investors are advised to consult with certified experts before making any investment decisions.