Innova Captab IPO Allotment Date, Status: The allotment of the Initial Public Offer (IPO) of integrated pharmaceutical company Innova Captab is expected today. The IPO has garnered a good response from investors and received 55.26 times subscription on the last day of bidding on Tuesday. The investors now await the allotment.

COMMERCIAL BREAK
SCROLL TO CONTINUE READING

Once the allotment is done, investors can check the number of shares allotted as against the bids made. To check the status, investors can visit the official website of the BSE or registrar's website. Kfin Technologies is the official registrar of the Innova Captab IPO.

Innova Captab IPO Allotment Status: Check online on BSE

 

Below we have mentioned easy steps that investors can follow to check Innova Captab's allotment status on the official website of the Bombay Stock Exchange (BSE). 

Step 1: Visit the official website of BSE and click on the 'Status of Issue Application' or use this direct link - https://www.bseindia.com/investors/appli_check.aspx.

Step 2:  Under the ‘Issue Type’ section, select ‘Equity’. 

Step 3: Select ‘Innova Captab’ from the dropdown menu.

Step 4: Enter details like application number or PAN number.

Step 5: Click on 'I am not a Robot' and submit.

Innova Captab IPO Allotment Status: Check online on Kfin Technologies' official website

 

Kfin Technologies is the official registrar for the public issue. You can check the allotment status on the official website.

Step 1: Visit the official website of Kfin Technologies or use this link - https://ris.kfintech.com/ipostatus/.

Step 2: Click on any of the 5 available links on the page to view IPO Allotment Status.

Step 3: Select Innova Captab IPO from the drop-down.

Step 4: Provide one of the details - Application No or Demat Account or PAN

Step 5: Provide Application Number. 

Step 6: Enter the captcha and click on Submit.

Meanwhile, Zee Business Managing Editor Anil Singhvi advised investors to apply for the Innova Captab IPO for a small listing gain or for the long term. 

Innova Captab IPO - Positive

Experienced promoters

Strong growth record of CDMO business

New unit in Jammu to fuel growth

Reasonable valuations

Innova Captab IPO - Negative

Huge competition

Lower margins than peers

Innova Captab IPO subscription status

The Initial Public Offer (IPO) of integrated pharmaceutical company Innova Captab received 55.26 times subscription on the last day of bidding on Tuesday. The Rs 570 crore initial share sale got bids for 50,16,67,683 shares against 90,78,010 shares on offer, according to NSE data.