If you applied for shares in the SA Tech Software India IPO, today is a crucial day for you. The allotment of shares for this initial public offering (IPO) will be finalized on Wednesday, July 31, 2024.
How to Check Your Allotment Status
To find out if you got shares in the SA Tech Software India IPO, follow these steps:
- Visit Bigshare Website: Go to the Bigshare Services website.
- IPO Allotment Page: Look for the section related to IPO allotment.
- Select IPO: Choose “SA Tech Software India Limited” from the list of companies.
- Enter Details: You will be asked to provide either your application number, PAN (Permanent Account Number), or Beneficiary ID.
- Verify: Complete the captcha to confirm you’re not a robot.
- Check Status: Click on the “Search” button to see if you got shares.
- If You Are Allotted Shares: If you receive shares, they will be deposited into your Demat account. You can check your Demat account to confirm the shares are there.
- If You Are Not Allotted Shares: You will receive a refund of the money you invested in the IPO.
Important Notes
- The allotment process is usually completed within the day, but it may take some time for the information to be updated on the website.
- If you face any difficulties while checking your allotment status, you can reach out to Bigshare Services for help.
IPO Subscription Overview
The SA Tech Software India IPO received an overwhelming response from investors. The issue was significantly oversubscribed, with interest coming from both institutional and non-institutional buyers. On the final day of the subscription, the IPO was subscribed more than 600 times, indicating high demand.
Key Dates for the SA Tech Software India IPO
- IPO Open Date: Friday, July 26, 2024
- IPO Close Date: Tuesday, July 30, 2024
- Basis of Allotment: Wednesday, July 31, 2024
- Initiation of Refunds: Thursday, August 1, 2024
- Credit of Shares to Demat Accounts: Thursday, August 1, 2024
- Listing Date: Friday, August 2, 2024
Looking Ahead
For those who missed out on this IPO, there will be more IPO opportunities in the future. It’s important to research thoroughly before investing in any IPO. Keep an eye on upcoming IPOs and make informed decisions based on your investment goals and risk tolerance.