Azad Engineering IPO allotment date:  Azad Engineering's initial public offering worth Rs 740 crore concluded with an overall subscription of 80.65 times on Friday, December 22. Sachin Tendulkar-backed Azad Engineering IPO shares are set to be listed on NSE and BSE tentatively on December 28 after the finalisation of the allotment of shares on December 26.

Azad Engineering IPO subscription status

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At the end of the three-day bidding process, the Azad Engineering IPO received bids for 81,64,09,468 shares as against the 1,01,22,705 shares on offer, according to provisional exchange data.

Here's how various categories of investors responded to the issue:

Category Subscription (No. of times the equity reserved)
Qualified institutional buyers  179.66
Non-institutional investors 87.61
Retail investors 23.79
Overall 80.65
Source: Exchange data
 

Azad Engineering IPO allotment status check online: Here's a step-by-step guide on how to check the allotment status- 

Those who participated in the Azad Engineering IPO can check the status of their application online in two ways: through the BSE website and through the website of the registrar. 

Azad Engineering IPO allotment status check online: BSE

Step 1: Visit the official website of the BSE to check the status of the IPO application online. Login using the direct link: bseindia.com/investors/appli_check.aspx

Step 2: Select 'Equity' under 'Issue Type'

Step 3: Select 'Issue Name'. Either enter the application number in the box or provide your PAN details to proceed further

Step 4: Click 'submit'.

The status of your Azad Engineering IPO application will appear on the screen.

Zeebiz.com.