Belrise IPO Allotment Date Nears: Latest GMP and Status Check Guide

Belrise Industries IPO allotment date: The Belrise Industries IPO share allotment will be finalised tomorrow (Monday, May 26). The investors who applied for the issue can check Belrise Industries IPO allotment status in Belrise Industries IPO registrar portal, which is MUFG Intime India Private Limited (Link Intime India). The Belrise Industries IPO opened for subscription on Wednesday, May 21 and closed on Friday, May 23. Belrise Industries IPO subscription status on the last bidding day was 41.30 times, as BSE data.

The share allocated to qualified institutional buyers (QIBs) was subscribed by 108.35 times, whereas retail individual investors (RIIs) experienced 4.27 times subscriptions. The non-institutional investors' quota attracted 38.33 times of total subscriptions.

Investors can verify their share allotments by examining the criteria established for allocations. This method not only shows if shares have been assigned but also provides information on the quantity of shares received in the IPO allotment results. In instances where shares have not been allocated, the company will commence a subsequent application process. After allocation, the shares are deposited into the demat accounts of the relevant recipients, allowing investors to manage and retain their shares as needed.

The initiation of the refund process will start on Tuesday, May 27, for individuals not given shares. Those allotted will receive their shares in their demat accounts on Tuesday.

Belrise Industries IPO listing date is scheduled for Wednesday, May 28.

If you have applied for the Belrise Industries IPO, you can do a Belrise Industries IPO allotment status check on the website of the IPO registrar, which is Link Intime India Private Ltd. You can check the Belrise Industries IPO allotment status of your application below.