Basis of allotment for JSW Infrastructure’s Initial Public Offering will take place on 03rd October 2023. Investors who subscribed to IPO between 25 and 27 September 2023 will be able to check the allotment status by providing the PAN, DP Client ID or Application Number through the website of KFintech.
JSW Infrastructure IPO Allotment Status
IPO of JSW Infrastructure opened on 25th September 2023 and closed on 27th of the same month, by this IPO company is all set to raise ₹2,800 crore, as per the schedule released for the IPO of JSW Infrastructure, the allotment for applied share will take place on 03rd October 2023. Thousands of investors across the Nation subscribed to its Initial Public Offering, and all these are eagerly waiting for release of the allotment, which is all set to be available at https://rti.kfintech.com/ipostatus/.
JSW Infrastructure IPO’s face value was ₹2 for equity of share, and the price band was set at ₹113 to ₹119 per share. The JSW Infrastructure IPO was divided into three groups: 10% for regular investors (Retail Quota), 75% for big institutions (QIB Quota), and 15% for wealthy individuals and companies (NII Quota), all these investors will be able to the allotment status on 03rd October 2023 by providing the required credential such as Permanent Account Number, DP Client ID or Application Number.
JSW Infrastructure IPO lot size was of 126 shares, which worths ₹14,994 i.e. a retail applicant can apply for minimum 126 shares, maximum limit for retail investors was of 13 lot i.e. a total number of 1638 shares, which is worth ₹1,94,922, if you are a retail investor and applied for one or more lot, then you must be acknowledged of that the allotment status will be available at https://rti.kfintech.com/ipostatus/ most probably by afternoon on 03rd October 2023, and each one able to check that he or she has allocated all the subscribed share or not.
How to check the JSW Infrastructure IPO Basis of Allotment?
To check the allotment status for JSW Infrastructure IPO, you need to go through the step-by-step guide below.
- Navigate to https://rti.kfintech.com/, which is the only official website of KFintech Private limited.
- On the homepage, you will find an option that reads ‘IPO Allotment Status’ under the block of Quick Links, hit on it.
- Select IPO as JSW Infrastructure Limited, hit on it and enter your Application No, DP Client ID or PAN and then hit the SUBMIT button.
Allocated shares for JSW Infrastructure IPO will be credited to Demat Account on October 05, 2023, two days after the release of the allotment status.
JSW Infrastructure IPO Refund
Sometimes due to oversubscription and other reasons all the applied share in a IPO not allocated, if after checking that allotment status for JSW Infrastructure Initial Public Offering, an Investor come to know that all of our a a few his or her is not allocated to him or her, in this case, the investor will get the refund. JSW Infrastructure IPO refunds are all to be processed from October 4, 2023, to get the refund for not allocated shares in the Initial Public Offering of JSW Infrastructure one won’t have to do any activity, it proceeds automatically.
JSW Infrastructure IPO Listing
JSW Infrastructure’s IPO, which started accepting investor applications on September 25, 2023, will become available for trading on the stock market on October 6, 2023, as the listing is going to take place on Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) on this date, those who invested in the IPO will be able to buy and sell shares of JSW Infrastructure from this date onwards.
Visit Rajneetpg2022 Homepage To Get Relevant Content.