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IRCTC IPO Allotment Status Announced Today, How to Check What Are Your Chances?

IRCTC IPO Allotment Status Announced Today, How to Check What Are Your Chances? :- The latest Indian Railway Catering and Tourism Corporation (IRCTC) IPO allotment status is expected by the evening of October 10 or on October 11. If you are one of the investors then you can check the status online.

IRCTC IPO Allotment Status Announced Today

Well, if you don’t know how to check your allotment status, then you are at the right place. Here, with the help of this article we are going to discuss all the details regarding IRCTC IPO allotment status along with how you can check it.

As soon as the IRCTC IPO allotment status is released, all the Investors can check the status of their bid at the official site, the link for which is http://ipo.alankit.com

Also, in order to check specifics use either PAN, demat account number + client ID (DPID) number or else your bid application number.

The client ID, on the other hand, is your portfolio identification number

The procedure is being supervised by Alankit Assignments, which is the registrar of IRCTC IPO

It is also going to deal with the refund procedure

 

The Rs 645-crore public issue was oversubscribed over 111 times. The IPO received bids for about 225 crore shares as compared to 2.02 crore on offer, as per to the provisional data available on exchanges.

IRCTC, a Central Public Sector Enterprise, is the only entity authorized by Indian Railways to provide catering services to railways, online railway tickets and packaged drinking water at railway stations and trains in India.

 

Steps to check

The process in order to check how many shares you have been allotted is very simple. Follow the instructions listed below:

You can check the status of your bid at ipo.alankit.com.

You have to choose IRCTC as the name of the company from the drop-down menu and then enter the application number or demat account number or PAN in order to check whether you have got any allotment or not.

One thing to take note is that the IRCTC IPO name is only going to be available in the drop-down menu after the allotment basis has been settled down.

All the applicants who gets successful would get the allotment of shares to their demat accounts latest by October 11.

The shares, on the other hand, is going to get listed on Monday.

 

At the present, the issue is oversubscribed by a huge margin, now all eyes are going to be on the allotment of shares. The allotment is expected by the evening of October 10 or October 11.

IRCTC shares are most likely to get listed on both BSE as well as NSE on 14th October. And as per to some news reports, IRCTC shares are shifting hands at a heavy premium in the grey market, signifying strong listing gains.