Valiant Laboratories IPO allotment date: Valiant Laboratories, a manufacturer of pharmaceutical ingredients, concluded an initial public offer (IPO) worth Rs 152.5 crore this week with an overall subscription of almost 30 times. The company is likely to finalises the basis of allotment of shares under the IPO today, October 5. Under the Valiant Labs IPO, while winning bidders will have refunds the shares credited into their demant accounts, unsuccessful bidders will have refunds initiated on the same day. Valiant Laboratories shares are likely to be listed on stock exchanges BSE and NSE on October 9.

Valiant Laboratories IPO subscription status

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The IPO saw strong participation from all categories of investors. On the final day of the bidding process, the IPO received bids for 22,68,46,830 shares against 76,23,030 shares on offer, marking an overall subscription of 29.8 times, according to provisional exchange data.

Category Subscription (No. of times the equity reserved)
Qualified institutional buyers  20.83
Non-institutional investors 73.64
Retail investors 16.06
Overall 29.76
Source: Exchange data
 

Here’s a step-by-step guide on how to check the allotment status under the Valiant Labs IPO:

Those who participated in the Valiant Laboratories IPO can check the status of their application online in two ways, either through BSE website or through the website of the registrar.

Valiant Laboratories IPO allotment status check: BSE

Step 1: Bidders can visit the BSE website to check the status of the IPO application online. Log in on the website using the following 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 Valiant Laboratories IPO application status will appear on the screen.

Registrar Link Intime

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

Valiant Laboratories IPO allotment status check on Link Intime

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

Step 2: Select-- Valiant Laboratories IPO

Step 3: Bidder then has to enter PAN details

Step 4: Click on the 'Search' option.

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

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