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Afcons Infrastructure IPO allotment status lets investors know if Afcons Infrastructure’s shares have allotted to the users who applied for its IPO for not. The IPO allotment process takes place after the IPO subscription period is over. There are several options for investors to check their IPO allotment status such as the registrar’s website, BSE, Demat account, or bank account.
If the shares are allotted to the investor, they will appear in the investor’s Demat account, and the corresponding amount will be debited from their bank account. For those who aren’t allotted any shares, their blocked amount will get unblocked in their payment source.
Afcons Infrastructure IPO opened for subscription on October 25, 2024, and closed on October 29, 2024. The allotment of shares to successful bidders is expected to be finalized on October 30, 2024 and the shares will get listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) on November 4, 2024. The shares will get credited on 30th October 2024 and will be available for trading from 4th November 2024.
The registrar's website allows you to track your application status, and you can view whether you were allotted any shares.
You will see the allotment result indicating if shares were allotted or not.
You can also log into your bank's net banking to verify any related transactions.
It usually takes 24 hrs for the shares to get credited in your account once the allotment is confirmed. Hence, if your amount is debited and shares allotted are zero, we suggest you to wait for 24 hrs and then re-check the credit of shares. Once the company gets listed on NSE & BSE, the shares are available for trading purposes.
The Afcons Infrastructure IPO subscription status indicates the level of interest in the IPO across different investor categories. Here is the subscription breakdown:
| Subscription Day 1 (27 October, 2024) | Subscription Day 2 (28 October, 2024) | Subscription Day 3 (29 October, 2024) |
| Total Subscription: 0.10 times | Total Subscription: 0.36 times | Total Subscription: 2.77 times |
| QIBs: 0.01 times | QIBs: 0.08 times | QIBs: 3.99 times |
| Non-institutional investors: 0.11 times | Non-institutional investors: 0.72 times | Non-institutional investors: 5.31 times |
| Retail investors: 0.14 times | Retail investors: 0.36 times | Retail investors: 0.99 times |
| Employees: 0.39 times | Employees: 1.01 times | Employees: 1.77 times |
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