Supriya Lifescience IPO: Shares allotment finalisation likely tomorrow - Guide to check status online on BSE

Supriya Lifescience IPO: The initial public offer of Supriya Lifescience Limited was subscribed 71.51 times on the last day of share sale. The initial share sale received bids for 1,03,89,57,138 shares against 1,45,28,299 shares on offer, according to NSE data.

Supriya Lifescience IPO shares allotment finalisation is likely to take place on 23rd December and listing is likely to happen on 28th Dec, as per Zerodha. 

Here is direct BSE link and step by step guide to know Supriya Lifescience IPO Shares Allotment status online:-

Step 1- Login at BSE link — bseindia.com/investors/appli_check.aspx
 
Step 2- Select Supriya Lifescience IPO
 
Step 3- Enter your Supriya Lifescience IPO application number
 
Step 4- Enter your PAN card details
 
Step 5 - Click at 'I'm not a robot'
 
Step 6 - Click at 'Submit' button
 
You will get to know the Supriya Lifescience IPO shares allotment status of your application

Supriya Lifescience IPO

-The initial public offer (IPO) of Supriya Lifescience was fully subscribed within a few hours of opening for subscription on Thursday on the back of a strong response from retail investors.

-The IPO had a fresh issue of up to Rs 200 crore and an offer for sale of up to Rs 500 crore. It had a price range of Rs 265-274 per share.

-The category for non-institutional investors was subscribed 161.22 times while that for Retail Individual Investors (RIIs) by 56.01 times and the Qualified Institutional Buyers' (QIBs) quota by 31.83 times.

- The company on Wednesday raised Rs 315 crore from anchor investors.

- The proceeds from the fresh issue will be used for funding capital expenditure requirements, debt repayment, and general corporate purposes.

-ICICI Securities and Axis Capital were the managers to the offer.

Supriya Lifescience

Supriya Lifescience is one of the key Indian manufacturers and suppliers of active pharmaceutical ingredients, with a focus on research and development.