Dodla Dairy’s Rs 520-crore IPO, which was subscribed 45.61 occasions, is most likely to announce IPO share allotment on Wednesday, June 23, 2021. In the grey industry on Monday, Dodla Dairy shares had been quoting at a premium of Rs 85 more than the situation value of Rs 428 per share. The shares had been trading at Rs 513 apiece, implying a premium of 20 per cent more than the IPO value, according to the folks who deal in shares of unlisted organizations. Dodla Dairy will make its stock industry debut on June 28, 2021. The initiation of refunds or unblocking of funds from ASBA accounts will take spot on June 24, 2021. While the equity shares will be credited to depository accounts on June 25, 2021.
The applicants also have to note that the reduce-off time for UPI mandate confirmation is Monday, June 21, 2021, up to 12 PM. If they fail to do so then their application may possibly not be deemed. Dodla Dairy got a decent response to its IPO. Reasonable situation value and excellent subscription figures really should lead to a positive listing. “As per my view, the listing should be in the range of Rs 500-550 if the market does not crumble further,” Abhay Doshi, Founder, UnlistedArena.com, dealing in Pre-IPO & Unlisted Shares, told TheSpuzz Online. The IPO investors can verify the IPO allotment status through BSE and the registrar’s web-sites. The registrar of the situation is KFin Technologies, a SEBI-registered entity, accountable for the IPO allotment and refund processing.
How to verify Dodla Dairy share allotment status through KFin tech Private Ltd web site
Investors can verify the allotment status on KFin Technologies web site below the ‘IPO Status’ section (https://ris.kfintech.com/ipostatus/) when it gets declared. After that, pick the IPO and enter either your application quantity or DPID/Client ID or PAN. In the case of the application quantity box, pick application sort and enter the application quantity. If the DPID/Client ID box is selected, pick the depository from the drop-down menu, enter DPIP, Client ID. If the PAN choice box was selected, enter the permanent account quantity. In the last step, enter the provided captcha and click submit. This will show the quantity of shares that have been applied and allotted to the investor.
Check Dodla Dairy share allotment status through BSE web site
Another way to verify the allotment status in Dodla Dairy is by means of the BSE web site (https://www.bseindia.com/investors/appli_check.aspx). Select the situation sort as ‘equity’, and the situation name as ‘Dodla Dairy Ltd’ from the drop-down list, when it gets declared. After that enter the application quantity and PAN (permanent account quantity). In the last step, click on the search tab to view the status specifics.
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