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Awfis Space IPO Allotment Finalised
The allotment of shares for the Awfis Space Solutions IPO has been finalised. Investors who applied for the issue can check their allotment status on the registrar's portal, Bigshare Services Pvt Ltd.
The IPO subscription status on the final day of bidding was 108.56 times, as per BSE data. This indicates strong investor demand for the issue.
Check Allotment Status
Investors can check their Awfis Space IPO allotment status on the Bigshare Services Pvt Ltd website - https://ipo.bigshareonline.com/ipo_status.html
To check their status, investors will need to provide their login information, PAN Number, Beneficiary ID, or Application No./CAF No.
The allotment status will display the number of shares allocated to the investor.
Credit of Shares and Refund
Individuals who have been allotted shares will have their demat accounts credited on Wednesday, May 29. The refund process will also begin on Wednesday for those who were not allotted any shares.
IPO Listing
Awfis Space Solutions IPO is scheduled to be listed on BSE and NSE on Thursday, May 30. The issue has received a strong response from investors and is expected to list at a premium to the issue price.
IPO GMP and Expected Listing Price
The Awfis Space Solutions IPO GMP today is ₹125, as per market observers. This indicates that Awfis shares are trading at a premium of ₹125 in the grey market.
Considering the upper end of the IPO price band and the current premium in the grey market, the Awfis Space IPO expected listing price is ₹508 apiece, which is 32.64% higher than the IPO price of ₹383.
Source: Awfis Space IPO allotment finalised; latest GMP, step-by-step guide to check status