The Highly-Awaited IPO of Baazar Style Retail has garnered significant attention, with a subscription rate of 40.63 times. As the Baazar style IPO allotment status is expected to be announced today, here’s a straight forward guide to help you check whether you’ve been allotted shares.
Understanding the Baazar Style IPO Allotment Status
The Baazar Style IPO allotment status is a crucial piece of information for investors who have participated in the public offering. With the IPO being oversubscribed by 40.63 times, checking your Baazar Style IPO allotment status becomes essential to determine if you have been allotted shares. Here’s a detailed guide on how to proceed.
Importance of Checking Baazar Style IPO Allotment Status
- Investor Confirmation: Knowing your Baazar Style IPO allotment status confirms whether your investment has been successful.
- Financial Planning: The allotment status helps in planning your finances, especially if you need to arrange funds for purchasing the allotted shares.
- Market Strategy: Understanding your allotment status allows you to strategize for the upcoming listing day, given the positive grey market premium.
Steps to Check Allotment Status
You can check the IPO allotment status through the registrar’s website or the stock exchanges. Here’s how:
1. Check via Link Intime India Private Ltd (Registrar’s Website)
- Visit the Website: Go to the Link Intime India Private Ltd website.
- Select the IPO: Choose ‘Baazar Style Retail Limited’ from the dropdown menu.
- Enter Details: Choose the mode of search – Application Number, PAN, or Demat Account Number.
- Enter Captcha: Fill in the captcha for verification.
- Submit: Click on ‘Submit’ to view your allotment status.
2. Check via BSE (Bombay Stock Exchange) Website
- Visit the BSE Website: Navigate to the BSE’s IPO allotment status page.
- Select Equity: Click on ‘Equity’ and choose ‘Baazar Style Retail Limited’ from the list.
- Enter Details: Provide your application number and PAN card ID.
- Verify: Confirm that you’re not a robot.
- Search: Click on ‘Search’ to see your allotment status.
Additional Information
- Subscription Details: The IPO saw a significant oversubscription, with the retail segment subscribed 9.07 times, and the Qualified Institutional Buyers (QIB) segment at 81.83 times.
- Listing Date: The shares are expected to list on the BSE and NSE on September 6, 2024.
- Grey Market Premium (GMP): The shares are trading at a premium of Rs 65 in the grey market, suggesting a positive listing.
- What to Do After Checking Baazar Style IPO Allotment Status
- If Allotted: Prepare for the listing on September 6, 2024, and decide your trading strategy based on the current market conditions and the grey market premium.
- If Not Allotted: Consider other investment opportunities or keep an eye on upcoming IPOs.
By following these simple steps, you can easily check your IPO allotment status and prepare for the upcoming listing. Good luck
For more insights and updates on upcoming IPOs and investment strategies, explore our comprehensive guides on Startup Jankari.
