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R K Swamy IPO allotment – How to check allotment, GMP, listing date and more

Mar 7, 2024, 09:22 IST
Business Insider India
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  • R K Swamy is expected to announce its share allotment status on Thursday, March 7.
  • The shares of R K Swamy were subscribed 25.64 times.
  • The shares are expected to be listed on the stock exchanges on February 20.
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Chennai-based R K Swamy, which is engaged in the business of customer data analysis, integrated marketing communications and more is expected to announce the allotment status of its initial public offering (IPO) on Thursday, March 7.

The R K Swamy IPO opened on March 4 and closed on March 6. The price band for the IPO was ₹270 to ₹288 per share.

Robust subscription



On its last day, the R K Swamy IPO was subscribed 25.64 times, receiving bids for 21.11 crore equity shares against 82.33 lakh shares on offer.

While the qualified institutional buyer (QIB) portion was subscribed 20.58 times, the non-institutional investors portion was subscribed 34.15 times. The retail portion witnessed decent participation and was subscribed 32.65 times. The employee portion was subscribed 2.4 times.

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Grey market premium



The shares of R K Swamy are currently commanding a grey market premium (GMP) of ₹40 per share. GMP is the premium at which IPO shares are traded in an unofficial market before they are listed on the stock exchanges.

Here’s how to check the IPO’s allotment status



You can check the allotment status on the registrar’s website.

  • To check the R K Swamy IPO allotment status, visit the registrar’s website here.
  • Click on ‘Company Selection’ and then select ‘R K Swamy’.
  • Now, enter your PAN, application number, DP / Client ID or Account number / IFSC.
  • Click on ‘Search’.
You will be able to see your application status. It will display the number of shares that you have applied for and the number of shares that have been allotted to you.

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You can also check the R K Swamy IPO allotment status on the BSE and NSE websites.

To check the allotment status on BSE or NSE website:

  • Go to the BSE website.
  • On the website, click on 'Equity' and then select ‘R K Swamy’ from the dropdown menu.
  • Now, enter your application number and PAN.
  • Click on 'Search'.
You will be able to see the number of shares allotted to you.

You can click here and log in to check your allotment status on NSE.

R K Swamy listing date



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The shares of R K Swamy will be listed on the stock exchanges on March 12.

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