The status of JSW Infrastructure IPO allotments is set to be finalized on September 28, 2023. On October 4, the refund will be initiated and on october 5, shares will get credited/processed into demat account.The JSW Infrastructure IPO is slated for listing on October 6. All the IPO Investors can check their Infrastructure IPO allotment status either on Demat login and bank account as a offline mode and to verify it online you can visit KFintech website. Checkout all the guidelines required to check status of JSW Infrastructure IPO allotment in online or offline mode.
The JSW Infrastructure IPO witnessed strong demand, with an overall subscription rate of 39.36 times. Here’s the subscription breakdown by investor category:
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Qualified Institutional Buyers (QIB) subscribed a remarkable 60.12 times.
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Non-Institutional Investors (NII) showed substantial interest with a subscription rate of 16.83 times.
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Retail investors demonstrated enthusiasm, subscribing 10.86 times.
JSW Infrastructure aims to raise approximately ₹2800 Crores through this IPO. The offering is priced in the range of ₹113 to ₹119 per equity share. Upon completion, the IPO is scheduled to be listed on both the BSE and NSE.
Basis of JSW Infrastructure IPO Allotment:
Allotment of JSW Infrastructure IPO will be around 21:2 (Approx) based on the retail subscription.
JSW Infrastructure IPO Allotment Links (Allotment Out)
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KFintech: |
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Step 1: How to check JSW Infrastructure IPO Allotment Status on KFintech?
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Log in KFintech.com, JSW Infrastructure IPO allotment page
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From the drop-down menu bar, select IPO Name ‘JSW Infrastructure’
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Select your preferred option from application Number, PAN Number or DP ID Option
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As per selection add application Number, PAN Number, or Demat Account Number
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Click on Search
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Status of JSW Infrastructure IPO allotment visible on the screen (mobile/desktop).
Step 2: How to check JSW Infrastructure IPO Allotment Status in Demant Account?
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Login into your Trading account/Demat account
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Check whether the stock is credited to your account or not
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You will be able to shares on demat account if you got the allotment
Step 3: How to check JSW Infrastructure IPO Allotment Status in Bank Account?
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Login into your bank account from where you have applied for JSW Infrastructure IPO
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Check the Balance Tab
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Amount will be debited if you got allotment
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You will get below message if you got the allotment “Dear Customer, Bank Name Account 00001 is debited with INR 00000.00 on Date. Info: IPOName. The Available Balance is INR 000000.”
Note
The registrar for the JSW Infrastructure IPO plays a important role in managing the allocation and refund processes. You can contact registrar if you have any query regarding JSW Infrastructure IPO allotment date and time.
FAQs
What is the IPO Allotment Date for JSW Infrastructure?
September 28, 2023 is the allotment Date for JSW Infrastructure.
What will be JSW Infrastructure IPO Refund Date?
October 3, 2023.
What is the chance to get the JSW Infrastructure IPO Allotment?
Based on the subscription, 43:7 allotment will be received as per the retail application.
How to check the JSW Infrastructure IPO Allotment Status?
You can check Status via the application number, PAN number, or the amount deducted in your bank.
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