PhysicsWallah IPO: The allotment of shares in edtech company Physics Wallah IPO is going to happen today, Friday, 14th November. The company’s shares will be listed on BSE and National Stock Exchange on Tuesday, November 18. A day before this i.e. on 17th November, the process of crediting shares in the demat accounts of the bidders will start.
Lots of bids received for IPO
Thursday was the last day of bidding for this Rs 3480 crore IPO (fresh issue of Rs 3100 crore and offer for sale of Rs 380 crore), which opened on November 11, and during this time it was completely subscribed. According to BSE data, investors showed a lot of interest in the IPO. The IPO received bids for 33,62,27,044 shares against 18,62,04,143 shares, making it overall subscribed 1.81 times. Qualified Institutional Buyers (QIBs) remained at the forefront by quoting 2.70 times more. After this, 1.06 times the share was booked for Retail Individual Investors (RIIs) and non-institutional investors booked their quota more than 0.4 times.
How to check status on BSE
First of all go to the official website of BSE https://www.bseindia.com/investors/appli_check.aspx.
Select ‘Equity’ in ‘Issue Type’.
Select ‘PhysicsWallah Limited’ from the ‘Issue Name’ dropdown list.
Enter your Application Number or PAN Number.
Verify the captcha and click on ‘Search’, you will see your allotment status.
How to check status on NSE?
First visit NSE’s IPO application tracking page https://www.nseindia.com/invest/check-trades-bids-verify-ipo-bids
Go to.
Click on ‘Equity and SME IPO Bid Details’ there.
Select ‘PHYSICS’ as the issue symbol from the list.
Fill the details like Application Number and PAN.
After submitting, you will see the allotment status on the screen.
How to check status on MUFG Intime?
First of all go to the official website of MUFG Intime https://in.mpms.mufg.com/Initial_Offer/public-issues.html.
Then type the company name ‘PhysicsWallah Ltd’ in the dropdown.
Fill any one of the information like PAN, Application Number, DP ID/Client ID or Bank Account Number.
Finally, click on the ‘Search’ button to know your allotment status.
Disclaimer: (The information provided here is being given for information only. It is important to mention here that investment in the market is subject to market risks. Always take expert advice before investing money as an investor. ABPLive.com never advises anyone to invest money here.)
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