Udayshivakumar Infra IPO allotment out today; Here’s how to check

28 Mar 2023 , 09:48 AM

The initial public offer (IPO) of Udayshivakumar Infra was closed last week on March 23. The issue was subscribed 30.63 times on the final day with non-institutional investors (NIIs) who subscribed to it 60.42 times followed by qualified institutional buyers (QIBs) who subscribed to the issue 40.47 times. Retail investors’ portion was subscribed 14.10 times.

The IPO offered fresh equity shares of up to Rs 66 crore and was priced in a range of Rs 33-35 a share. The company is about to finalise the allotment of shares on March 28. 

To check the allotment status, you need to enter your PAN details and application number on BSE website or on the website of IPO registrar, MAS Services Limited. 

Udayshivakumar Infra IPO important details:

Open date	March 20, 2023
Close date	March 23, 2023
Lot size	428 shares
IPO size (Rs crore)	Rs 66 crore
IPO price range (Rs)	Rs 33-35 per share
Minimum investment	Rs 14,980
Basis of allotment date	March 28, 2023
Refunds date	March 29, 2023
Credit to demat account date	March 31, 2023
Listing date	April 03, 2023

 

The shares of the company will list on BSE and NSE on April 3.