Krsnaa Diagnostics IPO allotment status check: Know here from BSE, KFin Technologies direct links - Step-by-step guide here

Krsnaa Diagnostics Limited IPO- The initial public offering (IPO) of Krsnaa Diagnostics was subscribed 64.40 times on the final day of the subscription period from August 4-6, 2021. The price band was fixed at Rs 933-954 per share.

The Rs 1,213.33-crore IPO garnered bids for 45,80,08,245 shares against 71,12,099 shares on offer, according to data available with the exchanges. The category meant for Qualified Institutional Buyers (QIBs) was subscribed 49.83 times, those for non-institutional investors 116.30 times and retail investors 42.04 times.

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The IPO had a fresh issue of up to Rs 400 crore and an offer for sale of up to 85,25,520 equity shares. Proceeds from the fresh issue will be used for financing the cost of establishing diagnostics centres in Punjab, Karnataka, Himachal Pradesh, and Maharashtra; repayment of loans availed by the company, and general corporate purposes.

The investors are now eagerly waiting for the allotment. Know the allotment date and also how to check the status via BSE and the IPO registrar link online here:

The finalisation of basis of allotment is likely to be on August 11, 2021. Initiation of refunds will be on August 12 followed by transfer to demat accounts on August 13. The listing of shares is likely to take place on Tuesday, August 17, 2021 on both the NSE and BSE.

Steps to check the allotment status: BSE Website-    

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.

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 allotment status: KFin Technologies Private Limited website-

Step 1: Login at direct KFintech website — https://ris.kfintech.com/ipostatus/ipos.aspx    

Step 2: Select the IPO from the drop down.  

Step 3: Now select application number/DPID/Client ID/PAN.

Step 4: Enter application number followed by Captcha code.

Step 5: Now click at 'Submit' option and your IPO application status will become available on your computer monitor or Smartphone screen.