Devyani International IPO allotment status: Share allotment today! Know how to check status online via BSE, Link Intime
The initial public offering (IPO) of Devyani International closed for subscription on Friday, August 6, 2021 and the investors are now eagerly waiting for the allotment which is likely to happen on August 11, 2021.
Devyani International Limited IPO – The initial public offering (IPO) of Devyani International, the largest franchisee of Pizza Hut, KFC and Costa Coffee in India, was subscribed 116.71 times on the closing day of the subscription on Friday, August 6, 2021.
The Rs 1,838-crore IPO received bids for 13,13,77,91,700 shares against 11,25,69,719 shares on offer, according to an update on the NSE. The qualified institutional buyers' (QIB) category was subscribed 95.27 times, non-institutional investors' 213.06 times and retail individual investors' segment 39.51 times.
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Proceeds from the fresh issue will be used to retire debt and for general corporate purposes.
The investors are now eagerly waiting for the allotment. Know the allotment date and also how to check the status via BSE and the IPO registrar link online here:
The finalisation of basis of allotment will be likely on August 11, 2021. Initiation of refunds will be likely on August 12 followed by transfer to demat accounts on August 13.
Steps to check the allotment status on the website of BSE:
Step 1: Visit the link: bseindia.com/investors/appli_check.aspx on BSE official website.
Step 2: In the dropdown menu select 'Equity' for issue type.
Step 3: Now, select the name of the IPO, which is 'Devyani International Limited' in this case.
Step 4: Here, you will be asked to verify application number & PAN number.
Step 5: Hit search button and you are good to go. You can see your IPO allotment on the screen.
Steps to check Devyani International IPO Allotment via Link Intime:
Step1: Visit Link Intime India Private Limited IPO allotment link: https://linkintime.co.in/MIPO/Ipoallotment.html.
Step 2: Again, select IPO Name- 'Devyani International Limited'.
Step 3: Here, fill in details such as PAN number, application number or DP ID.
Step 4: Now, click on 'Search' Button. You can now see your Devyani International IPO Allotment on the screen.
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