After the co-working space operator’s first share sale, which was mostly driven by institutional buyers between October 3 and 7, sailed through on the final day of bidding with 1.15 times subscription, WeWork India’s initial public offering (IPO) allocation is anticipated to be finalized tonight, October 8.
Three thousand crore rupees The pricing range for WeWork India Management Ltd’s IPO was Rs 615–648 per share. Anchor investors had already contributed Rs 1,348 crore to the firm.
By entering their application number or PAN, candidates can check their WeWork India IPO allotment status on the registrar’s official website, MUFG Intime India Pvt Ltd (formerly Link Intime India Pvt Ltd). The BSE and NSE websites will also provide the status.
Today is the WeWork India IPO allocation day. Here’s how to monitor the share allocation status on Link Intime:
Step 1: Go to https://in.mpms.mufg.com/Initial_Offer/public-issues.html to access the issue’s official registrant.
Step 2: From the dropdown menu, choose the business.
Step 3: By entering information such as your PAN, application number, or DP client ID, you may verify your allocation status.
Step 4: Click the “Submit” button.
Step 5: The window will provide your allocation status.
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Check the NSE’s WeWork India IPO allocation status:
Step 1: Click this direct link to access the NSE website: https://www.nseindia.com/products/dynaContent/equities/ipos/ipo_login.jsp.
Step 2: Choose “WeWork India” as the firm by choosing Equity & SME IPO bid information.
Step 3: After choosing the firm symbol, investors may check the allocation status by entering information such as their PAN or IPO application number.
Step 4: Click the “Submit” button.
Step 5: The window will display the allocation status.
WeWork India IPO allocation status check on direct link of BSE:
Step 1: Go to the Bombay Stock Exchange’s (BSE) website.
Step 2: Select the ‘Investors’ menu item.
Step 3: Select ‘Status of Issue Application’ from the ‘Investor Services’ dropdown menu.
Step 4: Choose “Application Status Check”.
Step 5: In the problem type, choose Equity.
Step 6: Enter all necessary information, including the “Issue Name”.
Step 7: To see the status, enter your PAN number and click Search.
The current price of WeWork India’s IPO GMP:
Platforms that monitor grey market activity indicate that GK Energy’s shares are fetching a GMP of more over 20% on the unregulated market. Investorgain provided a GMP of Rs 31 for the company’s shares, which represents a 20.26 percent listing gain.
The NSE and BSE will list GK Energy IPO shares on September 26.