Devyani International IPO – Is ALLOTMENT tomorrow? Know here; Also learn step-by-step to guide to check STATUS online via BSE, Link Intime

Devyani International Limited IPO Allotment Status– The wait for the investors of Initial Public Offering (IPO) of Devyani International Limited is likely to be over as the finalisation of share allotment is expected to be completed by Wednesday – 11 August. The IPO issue ended on August 6, 2021. Check the status via BSE and the IPO registrar link online here by following some simple steps. 

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 Limited IPO – Complete timeline   

1. Issue ended on 6 August, Friday.   
2. Finalisation of basis of allotment likely on 11 August   
3. Initiation of refunds likely on 12 August   
4. Transfer to demat accounts likely on 13 August    

The information has been obtained from the app for brokerage company Edelweiss.  

Devyani International IPO allotment status on 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         

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.