Windlas Biotech IPO allotment status check online from BSE, Link Intime links- Step-by-step guide here to know if you got shares

The initial public offer of Windlass Biotech, a manufacturer of pharmaceutical formulations, was subscribed 22.46 times on August 6, 2021, the closing day for subscription.

The three-day IPO received bids for 13,77,39,750 shares against 61,36,252 shares on offer, as per NSE data. The category for Qualified Institutional Buyers(QIBs) was subscribed 24.40 times, non-institutional investors 15.73 times, and retail individual investors(RIIs) 24.27 times.

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The initial public offer had a fresh issue of up to Rs 165 crore and an offer for sale of up to 51,42,067 equity shares. The Rs 401.53-crore offer had a price range of Rs 448-460 per share.

The proceeds from the IPO will be utilised for purchasing of equipment required for capacity expansion of the facility at Dehradun Plant-IV and addition of injectables dosage capability at the facility at Dehradun Plant-II. It will also be used for funding incremental working capital requirements, repayment/ prepayment of certain borrowings, 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 via 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 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.

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

Step 4: Now, click on 'Search' Button.