INOX India IPO: Check allotment status, allotment link, listing date here

19 Dec 2023 , 10:10 AM

Following a strong response during its subscription period, investors are eagerly anticipating the allotment results for the INOX India IPO. The subscription window for the IPO was open from December 14 to December 18, and during this period, it garnered a remarkable 61.06 times oversubscription, with bids received for 94.53 crore equity shares against the 1.55 crore shares offered.

The qualified institutional buyer (QIB) segment displayed robust interest, achieving a subscription rate of 147.80 times, while the non-institutional investors segment reached a subscription of 53.03 times. The retail portion also witnessed active participation, being subscribed 14.96 times.

Investors can track the subscription status of the INOX India IPO on the BSE website or on the website of its registrar, KFin Technologies Limited. Applicants need to provide application number and PAN Details to check the allotment status of INOX India IPO.

In terms of its product offerings, INOX India’s portfolio encompasses standard cryogenic tanks and equipment, beverage kegs, customized technology, equipment, and solutions, as well as large-scale turnkey projects utilized across diverse industries such as industrial gases, liquefied natural gas (LNG), green hydrogen, energy, steel, medical and healthcare, chemicals and fertilizers, aviation and aerospace, pharmaceuticals, and construction.

The listing of INOX India shares on the stock exchanges is scheduled for December 21.