Wakefit Innovations IPO Allotment Today: Wakefit Innovations' initial public offering (IPO) was overall subscribed by 2.52 times the shares on offer, by the final day. The share allotment is expected to be finalised on December 11 and shares are set to be listed on the NSE and the BSE, tentatively on December 15.
Refunds will be initiated for unsuccessful applications by December 12, and successful applicants will receive the shares in their demat account on the same date.
Wakefit Innovations IPO Subscription Details
The qualified institutional buyer (QIB) category booked the issue 3.04 times, the non-institutional investors (NIIs) subscribed 1.05 times, and retail investors placed bids 3.17 times their quota.
Wakefit Innovations IPO Details
Issue Size: Wakefit Innovations aims to raise Rs 1,288.89 crore through the issue, comprising a fresh issue of 19.30 million equity shares worth Rs 377.18 crore and an offer for sale (OFS) of 46.80 million shares aggregating to Rs 911.71 crore.
Price Band, Lot Size, Minimum Investment: The price band for the IPO is fixed at Rs 185-195 per share, with a lot size of 76 shares. Retail investors must invest a minimum of Rs 14,820 per lot at the upper price band.
BRLMs, Registrar: Axis Capital, IIFL Capital Services, Nomura Financial Advisory are the book running lead managers, and MUFG Intime is the registrar to the issue.
Wakefit Innovations IPO GMP Today, Expected Listing Price
The grey market premium (GMP) of Wakefit Innovations' shares declined to nil from a peak of Rs 36 over the last five days. Given the current GMP, Wakefit Innovations shares are expected to see a flat listing or even a muted debut.
Wakefit Innovations IPO Allotment Status: Step-by-Step Guide
Applicants can check their allotment status on the official websites of NSE, BSE and the registrar of the issue, which is MUFG Intime in this case.
How To Check Wakefit Innovations IPO Allotment On NSE
Go to NSE's official website
Navigate to the “Invest” tab and click on the “Resources & Tools” section
Navigate to “Check Trades/Bids” and click on “Verify IPO Bids”
From the form that appears, click on “Equity & SME IPO Bid Details”
Under the “Select Symbol” option, select “Wakefit Innovations”
Enter either your Permanent Account Number (PAN) or application number
Click on “Submit”
How To Check Wakefit Innovations IPO Allotment Status On BSE
Go to the official website of BSE
Click on the “Investors” section
Navigate to the “Investor Services” tab and click on “Status of the Issue Application”
On the next page, click on “Check Status”, or on the hyperlinked “Application Status Check” text at the lower end of the page
In the form that appears, select issue type as “Equity”
Under the “Issue Name”, select “Wakefit Innovations”
Enter either your application number or PAN
Complete the captcha by clicking on “I'm not a robot”
Click on “Search”
How To Check Wakefit Innovations IPO Allotment Status Online Through MUFG Intime
Go to the official website of MUFG Intime (https://in.mpms.mufg.com/Initial_Offer/public-issues.html)
On the home page, navigate to the “Investor Services” tab and click on “Public Issues”
Select “Wakefit Innovations IPO” from the drop-down menu
Enter either of the following details:
PAN, Application number, Depository Participant ID/Client ID, Bank account number / IFSC code
Click on “Submit”
