Big news for Ixigo IPO applicants! The share allotment process for Le Travenues Technology Limited, the parent company of Ixigo, has been finalized today, June 13th, 2024. This means investors who applied for the IPO can now check their application status and see if they’ve been allotted any shares.
Here’s a breakdown of what happened today and what to expect next:
- Allotment Finalized: The company has finalized how many shares will be given to each investor who applied for the IPO. This process takes into account the total number of applications received and the subscription level.
- Check Your Status: Starting today, you can check if your application was successful. You can do this by visiting the website of Ixigo’s registrar, Link Intime India Private Ltd. They have a dedicated page for checking the allotment status.
How to Check Your Allotment Status:
There are two main ways to check your Ixigo IPO allotment status:
- Link Intime Website: Visit the Link Intime website and look for the Ixigo IPO allotment page. You’ll need to provide your application number, PAN card details, or Demat account number to see your status.
- BSE Website: Alternatively, you can check your status on the Bombay Stock Exchange (BSE) website. Go to their investor section and look for the IPO allotment check option. You’ll need to select “Equity” as the issue type, choose “Le Travenues Technology Limited” from the list, and then enter your application number and PAN details.
What Happens Next:
- Refund Process: If your application wasn’t allotted any shares, the money you blocked for the IPO will be refunded to your bank account. This process is expected to begin on Friday, June 14th, 2024.
- Credit to Demat Account: If you were allotted shares, they will be credited to your Demat account within a few days. You’ll receive a notification from your broker once this happens.
- Listing Date: The official listing date for Ixigo shares on the stock exchange is not yet confirmed. However, it’s usually within a week or two of the allotment finalization. Keep an eye out for further announcements from the company or your broker.
Important Reminders:
- Multiple Platforms: You can check your allotment status on both the Link Intime website and the BSE website. Select the option that suits you best.
- Patience: The servers might be overloaded due to a high volume of traffic. Be patient and try again if you encounter any issues while checking your status.
- No Need to Panic: If your application wasn’t allotted any shares, it doesn’t necessarily mean bad news. The Ixigo IPO received a strong response from investors, so allotment might have been competitive.
Stay Informed:
For the latest updates on the Ixigo IPO listing date and other important information, keep an eye on the company’s website, media reports, or your broker’s communication channels.