IPO: The money of the shares has not yet returned to your account, so check this way
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Aditya Birla Sun Life AMC IPO: If you also applied for Aditya Birla Sun Life IPO IPO and you have not received the shares, then today we will tell you how you can check whether the money is returned in your account or not. Let us tell you that the company had allotted shares on 6 October. After the allotment of shares, the gray market has again gained momentum. Today one share of Aditya Birla AMC is trading at a premium of ₹ 35 in the gray market
IPO got good response
Investors have bid for 14.59 crore shares against an offer of 2.77 crore shares. Overall, the IPO has received a good response from the investors. However, it is subscribed the most by qualified institutional buyers and non-institutional investors. If you have not yet checked whether you have got the IPO allotment or not, then you can easily check from the official website of BSE and the website of the registrar.
You can check IPO status in this way-
- For this you have to go to the official website of BSE https://www.bseindia.com/investors/appli_check.aspx.
- Here you have to click on Equity option.
- After this you have to select Aditya Birla Sun Life IPO in the issue name.
- Now enter your Application Number or PAN Number.
- After that click on the search button.
- You will see the status of your IPO.
will get full money back
Once the IPO results are out, all the applicants who have received the allotment will get the shares in their demat account on the date of listing. Apart from this, all the investors who have not received the shares, their block money will be refunded in their account. This money is transferred to your account in two days.
Share price in gray market started rising after allotment
Aditya Birla AMC IPO GMP today is Rs 35, which is Rs 5 more than Wednesday’s GMP of Rs 30. According to market experts, this is good news for the bidders for the public issue as the shares of ABSL were trading at a discount of Rs 2 on Tuesday. He said due to slow response from bidders, Aditya Birla AMC IPO GMP had fallen by Rs 70 in just one week. However, as soon as the process of allotment of shares started, after that the price of the stock in the gray market started increasing again.
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