Supriya Lifescience IPO Allotment: Check Status in 4 Easy Ways

Last updated on August 24, 2022

Following the successful closure of the subscription window in Supriya Lifescience IPO, all eyes are on allotment now. Supriya Lifescience IPO allotment is expected to be finalized tomorrow. It is noteworthy that the offer’s grey market premium (GMP) is hovering around INR100, indicating over 36% listing gains. Supriya Lifescience IPO allotment will be finalized by offer registrar Link Intime.

In all probability, it is going to be a tough fight for most of the investors with regards to ffer allotment. This is not really surprising since the offer was subscribed over 71 times. Retail portion was covered over 55 times while HNIs bid in excess of 161 times.

Here are the primary ways to check Supriya Lifescience IPO allotment status.

#1 Registrar Website – Most effective way to check Supriya Lifescience IPO allotment status

As mentioned above, the ball is in the court of issue registrar after subscription closes. In this case, the registrar is Link Intime so investors can simply head to its website, select Supriya Lifescience from the dropdown menu and enter ANY of the following details to check their allotment status:

• PAN
• IPO Application Number (CAF Number)
• Beneficiary Id (NSDL or CDSL Demat Account Number)

Registrar website gets lot of traffic on the date of allotment which might result in website crashes and delayed loading. Thus, it is better to keep other options handy.

Read Also: Understanding employee and shareholder reservation in IPOs

#2 BSE Website

Investors can also check the IPO allotment page on BSE website which offers allotment status flawlessly. However, investors will need application number in addition to PAN to check status in this option. Simply select equity, relevant IPO, application number and PAN to get status.

BSE has relatively robust infrastructure for its website and thus, investors are unlikely to face problems of slow connection and unresponsiveness in this option.

#3 Bank Account Debit/Removal of Lien

If your search hasn’t yielded results so far, you might want to check your bank account. Most banks have robust infrastructure and communicate balance to account holders in a number of ways including SMS so you might not as well need to log into net banking.

If the investor’s application has been successful, it is followed by a debit of corresponding amount. In case of Supriya Lifescience, the amount is INR14,796. If the application is unsuccessful, then the bank account will see effective balance go up by this amount which was marked on hold for the application.

In case of successful allotment, bank account balance goes down by the corresponding amount. It is important to note that IPO allotment and amount deduction from bank account are two different events but in some cases, both happen almost concurrently.

#4 Credit of Shares in Demat Account

If everything else has failed, you can check your demat account for credit of shares. However, this approach is the slowest of all the methods. For example, allotment is expected to be finalized on 23 December but credit of shares in demat account is expected on 27 December. In many cases, shares may be credited on the day of listing as well, effectively taking away all the fun of allotment.

If you are an investor, you will do well to understand IPO allotment process as well as timelines. In case of Supriya Lifescience IPO, the allotment timetable is as follows

Read Also: Simple tricks to increase IPO allotment chances