Signatureglobal IPO: How to check allotment status

Signatureglobal IPO allotment date: Real estate developer Signatureglobal India’s initial public offer (IPO), to raise up to Rs 730 crore, concluded last week with an overall subscription of 11.9 times. The IPO, which comprised fresh issuance of shares worth Rs 603 crore, and an offer for sale (OFS) worth Rs 127 crore by promoters and existing shareholders, received bids for 13.4 crore shares against the 1.1 crore share on offer, according to provisional exchange data.

Here’s how different categories of investors responded to the IPO:

The quota reserved for qualified institutional buyers (QIBs) saw subscription of 12.7 times the equity on offer, while the portion set aside for retail individual investors was booked 6.8 times. The portion meant for non-institutional investors (NIIs), also known as high net-worth individuals, was booked 13.5 times. Out of the total issue, at least 75 per cent was reserved for qualified institutional bidders, 15 per cent for non-institutional investors (NIIs) and the remaining 10 per cent for retail investors.

The basis of the allotment of shares, under the IPO, is set to be finalised on September 27. Unsuccessful participants will have refunds initiated on September 29, and successful bidders will get shares credited into their demat accounts on October 3. Signatureglobal shares will likely be listed on stock exchanges BSE and NSE on October 4.

Here's a step-by-step guide on how to check the allotment status under the Signatureglobal IPO:

Those who participated in the Signatureglobal IPO can check the status of their application online in two ways: through the BSE website and through the website of the registrar.

How to check allotment status through the BSE website

 Step 1: A bidder is required to visit the official website of the BSE to check the status of the IPO application online. Log in at the direct BSE link — bseindia.com/investors/appli_check.aspx

 Step 2: Select the option of 'Equity' under 'Issue Type'

 Step 3: Select 'Issue Name'. Either enter your application number in the box or provide your PAN details to proceed further.

 Step 4: Click on 'I'm not a robot' and then submit.

The status of your Signatureglobal IPO application status will appear on the screen.

How to check allotment status through the Link Intime website

A bidder is required to log in at Link Intime India Private website — https://linkintime.co.in/mipo/ipoallotment.html and follow through to check the status of the IPO application online.

Check the status on Link Intime

Step 1: Log in at the direct Link Intime web link — linkintime.co.in/MIPO/Ipoallotment.html;

Step 2: Select-- Signatureglobal IPO

Step 3: Bidder then has to enter PAN details

Step 4: Click on the 'Search' option.

The status of your Signatureglobal IPO application status will appear on the screen.

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