Windlas Biotech’s Rs 401.53-crore IPO, which was subscribed 22.46 instances, will finalise share allotment on Wednesday, 11 August 2021. In the major marketplace, Windlas Biotech shares had been quoting at a premium of Rs 80, more than the IPO price tag of Rs 460 apiece. Windlas Biotech shares had been trading at Rs 540 apiece in the grey marketplace, a 17.4 per cent premium more than the concern price tag, according to the folks who deal in unlisted shares of the firms. While the corporation does not have any direct listed peers, it competes with unlisted peers such as Theon Pharma, Synokem Pharma, and Innova Captab. Among these, Windlas Biotech has reduced margins and return ratios as compared to Synokem and Theon Pharmaceuticals.
Windlas Biotech stocks are anticipated to make their stock marketplace debut on 17 August 2021. The initiation of refunds or unblocking of funds from the ASBA account will take location on 12 August, and the equity shares will be credited to depository accounts of allottees on 13 August. The IPO investors can verify the IPO allotment status by means of BSE and the registrar’s sites. The registrar of the concern is Link Intime India Pvt Ltd, a SEBI-registered entity, accountable for the IPO allotment and refund processing. “Given the company’s leadership position, strong growth in topline, and good growth runway, we remain positive on the long-term prospects of this issue,” SEBI registered investment Advisor INDmoney stated in a report.
Check Windlas Biotech share allotment status by means of registrar Link Intime India web page
To verify the share allotment status, choose the corporation name as ‘Windlas Biotech — IPO’ from the drop-down list on the Link Intime India web page, when it gets declared. Check box either PAN, Application Number or Depository/Client ID. Accordingly, enter the permanent account quantity or Application Number or Depository/Client ID in the box. Enter the offered captcha in the supplied space and click the submit button. This will show the quantity of shares that have been applied and allotted to the investor.
Check share allotment status in Windlas Biotech via BSE web page
Another way to verify the allotment status in Windlas Biotech is via the BSE web page (https://www.bseindia.com/investors/appli_check.aspx). Select ‘equity’ as the concern form, and ‘Windlas Biotech Ltd’ as the concern name from the drop-down list, when it gets declared. Enter the application quantity and PAN (permanent account quantity). Click on ‘I am not a Robot’. In the last step, click on the search tab to view the status particulars.
(The stock suggestions in this story are by the respective investigation analysts and brokerage firms. TheSpuzz Online does not bear any duty for their investment tips. Capital markets investments are topic to guidelines and regulations. Please seek advice from your investment advisor just before investing.)