The much-awaited allotment of Ventive Hospitality’s initial public offering (IPO) is likely to be completed today, December 26, 2024. Investors who participated in the IPO, which will open for subscription from December 20 to 24, can expect their shares to be credited to their accounts. Delete the account immediately after assignment. The IPO shares are scheduled to be listed on the exchange on December 30th according to T+3 listing rules.
How to check IPO allocation status
Investors can check their allotment status online through Bombay Stock Exchange (BSE), National Stock Exchange (NSE) or the official website of Kfin Technologies, the IPO registrar. Here is a step-by-step guide to check BSE and Kfin.
On the BSE website:
- Please visit the BSE Assignment Status link. BSE India.
- [発行タイプ]in the dropdown[株式]Select.
- [問題名]From the dropdown,[Ventive Hospitality Limited]Select.
- Enter your application number or PAN.
- Review the captcha and click Search.
- The assignment status will be displayed on the screen.
Kfin Technologies portal:
- Visit Kfin Technologies’ IPO status page. KfinTech.
- Select “Ventive Hospitality Limited” from the IPO dropdown.
- Enter your Application Number, Demat Account Number or PAN.
- Enter the captcha code and[送信]Click.
The assignment status will be displayed on the screen.
Ventive Hospitality IPO Overview
The IPO raised Rs 1,600 crore through a complete new share issue. The price range was set at Rs 610-643 per share, and the IPO was overwhelmingly oversubscribed at 9.82 times. The number of subscribers among individual investors was 5.94 times higher, and institutional investors and high-net-worth individuals also showed strong interest.
With its upcoming public offering, Ventiv Hospitality aims to use its proceeds to fuel future growth and expansion and solidify its position in the luxury hospitality sector.
