Supriya Lifescience IPO: Here’s how you can check the allotment status

• Supriya Lifescience is likely to announce its share allotment status today.
• Mumbai-based active pharmaceutical ingredients (APIs) manufacturer Supriya Lifescience’ IPO was subscribed 73.94 times.
• The IPO will be listed on December 28 on exchanges.

The Mumbai-based active pharmaceuticals ingredients (APIs) manufacturer, Supriya Lifescience, is likely to announce the allotment status of its initial public offering (IPO) today, December 23.

The IPO was open for subscription from December 16 to December 20. The company received bids for ₹103 crore as against ₹305 crore worth shares on offer.

Supriya Lifescience IPO received great demand from investors as its IPO was subscribed for 73.94 times the number of shares offered in the three days of IPO bidding process. Moreover, the grey market premium of the company’s shares show a premium of ₹130 from the higher end of the price band.

The portion reserved for retail investors was oversubscribed by 57.91 times on the last day of the IPO bidding process.

The company produces 38 APIs focused on diverse therapeutic segments such as antihistamine, analgesic, anaesthetic, vitamin, anti-asthmatic and anti-allergic.

Here is how to Supriya Lifescience IPO allotment status on stock exchange website:

• Go to the BSE website or NSE website here.
• On BSE, Select 'Equity' and then from the dropdown, select ‘Supriya Lifescience’.
• Now, enter your application number and PAN.
• Click on 'Search'.
• Please note the details will only be available once the shares are allotted.

You can also visit the registrar website (Link Intime India) to check your application status.

• Visit the registrar's website here.
• Click on 'Select company' and click on ‘Supriya Lifescience’.
• Once the company is selected, you will have to enter either your PAN detail, the application number, or the client ID.
• Enter the captcha and click ’submit’.

Once you hit 'submit', the status of your application will appear on the screen. Please ensure the details that you provide are correct. It will show the number of shares you subscribed to and the number of shares allotted to you.

SEE ALSO: The Zee plus Sony company is valued at ₹300 a share, but that’s just the starting point
Not received Data Patterns’ IPO refund? Here are the things you should know about