Powerica IPO share allotment is expected to be finalised later tonight, March 30, after the issue drew strong investor demand with a subscription of 1.45 times.
The Rs 1,100-crore IPO of Powerica Ltd was open for subscription between March 24-27. The power solutions provider had fixed the price band at Rs 375-395 per share. Ahead of the opening, the company raised Rs 329.40 crore from anchor investors.
IPO Applicants can check their Powerica IPO allotment status on the official website of the registrar, MUFG Intime India Pvt Ltd (formerly Link Intime India Pvt Ltd), by entering their application number or PAN. The status will also be available on the BSE and NSE websites.
Powerica IPO allotment date today: Steps to check share allotment status on Link Intime
Step 1: Open the link to the official registrar of the issue on this URL: https://in.mpms.mufg.com/Initial_Offer/public-issues.html
Step 2: Select the company from the dropdown menu.
Step 3: You can check your allotment status by filling in details like PAN, application number or DP client ID.
Step 4: Press the Submit button
Step 5: Your allotment status will be shown in the window.
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Powerica IPO allotment status check on NSE
Step 1: Open the website of NSE by clicking on this direct link (https://www.nseindia.com/products/dynaContent/equities/ipos/ipo_login.jsp).
Step 2: Select the company 'Powerica IPO' by selecting Equity & SME IPO bid details
Step 3: Investors can check the allotment status by filling in details like their IPO Application number or PAN details after selecting company symbol.
Step 4: Press the Submit button
Step 5: The allotment status will be shown in the window.
Powerica IPO allotment status check on direct link of BSE
Step 1: Open the website of BSE by clicking on this direct link (https://www.bseindia.com/investors/appli_check.aspx)
Step 2: Select Equity in the issue type.
Step 3: Fill in the required details including the 'Issue Name'.
Step 4: Enter PAN number and click on Search to view the status
Step 5: The allotment status will be shown in the window.
Powerica IPO GMP Today Price
According to platforms tracking the grey market activities, the shares of Powerica are commanding a flat GMP in the unofficial market.
Powerica shares will be listed on both NSE and BSE on April 2.