All retail investors who applied for shares in the initial public offering (IPO) of Travel Food Services are likely to get allotment, as the quota for this category was undersubscribed.
The Rs 2,000-crore IPO, which was open for subscription from July 7 to 9, received an overall subscription of nearly 3 times, driven by strong demand from Qualified Institutional Buyers (QIBs) and Non-Institutional Investors (NIIs). The price band was fixed at Rs 1,045–1,100 per equity share.
However, the Retail Individual Investors (RIIs) portion was subscribed around 70 percent, meaning the number of applications was fewer than the number of shares reserved for this category. As a result, all eligible retail applicants are expected to receive shares in full, subject to final verification.
Investors can check the status of their IPO allotment on July 10 through the website of the registrar, MUFG Intime India Private Limited (formerly Link Intime India Pvt Ltd), by entering their PAN or application number. The allotment status will also be available on the websites of BSE and NSE.
Travel Food Services IPO subscribed nearly 3 times on final day of IPO; Check GMP, other key details
Travel Food Services IPO allotment date today: Steps to check share allotment status on Link Intime
Step 1: Open the link to the official registrar of the issue on this URL: https://linkintime.co.in/initial_offer/
Step 2: Select the company from the dropdown menu.
Step 3: You check your allotment status by filling in details like PAN, application number or DP client ID.
Step 4: Press the Submit button
Step 5: Your allotment status will be shown in the window.
Travel Food Services IPO allotment status check on NSE
Step 1: Open the website of NSE by clicking on this direct link (https://www.nseindia.com/products/dynaContent/equities/ipos/ipo_login.jsp).
Step 2: Select the company 'Travel Food Services' by selecting Equity & SME IPO bid details
Step 3: Investors can check the allotment status by filling in details like their IPO Application number or PAN details after selecting company symbol.
Step 4: Press the Submit button
Step 5: The allotment status will be shown in the window.
Travel Food Services IPO allotment status check on direct link of BSE
Step 1: Open the website of Bombay Stock Exchange (BSE).
Step 2: Click on 'Investors' option.
Step 3: On the 'Investor Services' dropdown, click on 'Status of Issue Application'.
Step 4: Click on 'Application Status Check'.
Step 5: Select Equity in the issue type.
Step 6: Fill in the required details including the 'Issue Name'.
Step 7: Enter PAN number and click on Search to view the status
Travel Food Services IPO GMP
According to market observers tracking the grey market activities, the shares of Travel Food Services are commanding a flat GMP in the unregulated market.
Travel Food Services shares will be listed on the BSE and NSE on July 14.
Disclaimer: The views and investment tips expressed by experts on Moneycontrol are their own and not those of the website or its management. Moneycontrol advises users to check with certified experts before taking any investment decisions.
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