The Aadhar Housing Finance Ltd initial public offering (IPO) captured investor interest, with applications pouring in during the subscription window of May 8th to 10th, 2024. Now, for those who participated in the IPO, the next crucial step is to check their allotment status. This article provides a comprehensive guide, navigating you through the process on both the BSE website and the website of the registrar, KFIN Technologies Ltd.
In the Aadhar Housing Finance IPO journey, certain key dates hold significance for investors awaiting allotment status and subsequent actions. Estimated to occur on May 13th, 2024, on this date, the company will conclude the allotment process, determining which investors will be allocated shares. Following this, on May 14th, 2024, refund initiation is scheduled for investors whose applications were unsuccessful. Additionally, May 14th, 2024 (estimated), holds significance for demat credit and listing. On this day, shares are anticipated to be credited to the demat accounts of successful allottees, coinciding with the stock’s listing on the NSE and BSE.
In the past, both PAN and application number were required for the BSE website. However, the current process allows you to use either one for convenience. Remember, the company name will only appear in the drop-down menu after the basis of allotment is finalized, which is estimated to be around May 13th, 2024.
It’s advisable to capture a screenshot of your allotment status for future reference. You can then compare it with the demat account credit, which is expected to be updated by the end of May 14th, 2024, bearing the ISIN code (INE883F01010).
By following these steps and keeping the crucial dates in mind, you can efficiently check your allotment status for the Aadhar Housing Finance IPO. Remember, the process might become available on the respective websites only after the basis of allotment is finalized. So, stay patient and use the methods outlined above to gain clarity on your application’s outcome.
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Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. The information is based on various secondary sources on the internet and is subject to change. Please consult with a financial expert before making investment decisions.
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