Ventive Hospitality IPO allotment likely today: Here’s how to check status online

The eagerly awaited allotment for Ventive Hospitality’s initial public offering (IPO) is likely to be finalized today, December 26, 2024. Investors who participated in the IPO, open for subscription between December 20 and 24, can expect the shares to be credited to their demat accounts soon after the allotment. The IPO shares are expected to list on the exchanges on December 30, adhering to the T+3 listing rule.

How to check IPO allotment status

Investors can check their allotment status online via the Bombay Stock Exchange (BSE), National Stock Exchange (NSE), or the official website of the IPO registrar, Kfin Technologies. Here’s a step-by-step guide for checking through BSE and Kfin:

On the BSE website:

• Visit the BSE allotment status link at BSE India.
• Select ‘Equity’ under the Issue Type dropdown.
• From the Issue Name dropdown, choose ‘Ventive Hospitality Limited.’
• Provide your Application Number or PAN.
• Confirm the captcha and click on ‘Search.’
• Your allotment status will appear on the screen.

On Kfin Technologies’ portal:

• Go to the Kfin Technologies IPO status page at KfinTech.
• Select ‘Ventive Hospitality Limited’ from the IPO dropdown.
• Enter your Application Number, Demat Account Number, or PAN.
• Input the captcha code and hit ‘Submit.’
  The allotment status will be displayed on the screen.

Ventive Hospitality IPO overview

The IPO raised Rs 1,600 crore through a complete fresh issue of shares. The price band was set at Rs 610–643 per share, and the IPO received an overwhelming subscription of 9.82 times. The retail investor segment was subscribed 5.94 times, while institutional and high-net-worth individuals showed robust interest.

With its upcoming listing, Ventive Hospitality aims to solidify its position in the luxury hospitality sector, leveraging the proceeds to fuel future growth and expansion.