Plaza Wires IPO: How to check allotment status

Plaza Wires IPO allotment status: Plaza Wires, a New Delhi-based manufacturer of wires, cables and fast-moving electrical goods, concluded an initial public offer (IPO) worth an estimated Rs 71 crore last week. The IPO, comprising fresh issuance of shares, secured an overall subscription of 161 times the equity on offer. 

The basis of the allotmentof shares under the IPO will be finalised tentatively on October 9. Successful bidders will get Plaza Wires IPO shares credited into their demat accounts on October 12, whereas other participants will have refunds initiated on October 11.

Plaza Wires IPO subscription status

The IPO, the bidding process for which ended on October 5, received strong participation from investors across categories, receiving bids for 152.9 crore shares against the almost 95 lakh shares on offer, according to provisional exchange data.

Plaza Wires IPO shares will be listed on stock exchanges BSE and NSE tentatively on October 13.

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

Those who participated in the Plaza Wires 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 Plaza Wires IPO allotment status through 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. Login 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 Plaza Wires IPO application status will appear on the screen.

How to check Plaza Wires IPO allotment status through registrar Kfin Technologies' website

A bidder is required to log in at the direct Plaza Wires IPO website — kprism.kfintech.com/ipostatus and follow through to check the status of the IPO application online.

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