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Business / Thu, 09 May 2024 The Financial Express

Indigene IPO gets subscribed over 70 times; Here’s how you can check your allotment

Indegene IPO got subscribed 70.30 times on the last day of its subscription. In the retail category, the IPO of Indegene got bids 7.86 times more than the offered shares. The QIB segment was subscribed 192.72 times, and the NII category 55.91 times. Grey Market PremiumThe company’s shares were attracting a premium of 65% to its issue price of Rs 452 a share. Price BandThe company kept a price band of Rs 430 to Rs 452.

Indegene IPO got subscribed 70.30 times on the last day of its subscription. The company closed its subscription on May 08 and opened it on May 06.

In the retail category, the IPO of Indegene got bids 7.86 times more than the offered shares. The QIB segment was subscribed 192.72 times, and the NII category 55.91 times.

How to check allotment

Step 1

Go to your browser and search for Link Intime India

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Step 2

Open the website of Link Intime India and click on ‘Public Issues.’

Step 3

Fill in all your details – the company’s name and Application number/ Demat account/ or PAN number (any of the three).

Step 4

Enter the Submit button and the result will be in front of your eyes.

Refund

On May 10, the refund initiation is expected, which will be delivered to the bank account of investors who applied.

Grey Market Premium

The company’s shares were attracting a premium of 65% to its issue price of Rs 452 a share.

Price Band

The company kept a price band of Rs 430 to Rs 452. The tentative listing is seen to be on May 13.

About the company

Indegene provides digital services for the life sciences industry. The company assist in various things for life science companies like drug development, clinical trials, regulatory submissions, complaints management, sales/marketing support, and pharmacovigilance.

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