Devyani International IPO: Allotment, refund, demat transfer – what you need to know; step by step guide to check allotment status on BSE, Link Intime website

Devyani International Limited IPO – The Initial Public Offering (IPO) of Devyani International Limited ended on 6 August 2021 – Friday. The IPO was subscribed 75.54 times over the three-day period. The response form Retail Individual Investors (RIIs) was also strong as they subscribed this issue 19.53 times. The non-institutional investors subscribed it 154.40 times while the Qualified Institutional Buyers (QIBs) subscribed the issue 55.47 times on the NSE. On the BSE, RIIs subscribed 19.19 times, non-institutional investors subscribed the issue 58.66 times while the QIBs subscribed the issue 39.81 times.

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Devyani International IPO - Check the allotment status on the website of BSE    

Step 1: Visit the link: bseindia.com/investors/appli_check.aspx on BSE official website.        

Step 2:  In the dropdown menu select 'Equity' for issue type        

Step 3: Now, select the name of the IPO, which is 'Devyani International Limited' in this case        

Step 4: Here, you will be asked to verify application number & PAN number        

Step 5: Hit search button and you are good to go. You can see your IPO allotment on the screen        

Steps to check Devyani International IPO Allotment via Link Intime     

Step1: Visit Link Intime India Private Limited IPO allotment link: https://linkintime.co.in/MIPO/Ipoallotment.html      

Step 2: Again, select IPO Name- 'Devyani International Limited'         

Step 3: Here, fill in details such as PAN number, application number or DP ID         

Step 4: Now, click on 'Search' Button. You can now see your Devyani International IPO Allotment on the screen.      

The company operates quick service restaurants like Costa Coffee, KFC and Pizza Hut.

The company has planned to raise Rs 1838 cr through this issue. The IPO comprised of a fresh issue of up to Rs 440 cr and an Offer for Sale (OFS) of up to 155,333,330 equity shares. The RIIs were allocated 10 per cent of the overall shares available for subscription. For QIBs, 75 per cent of the entire issue was reserved while for NIIs, 15 per cent shares have been allocated.