Gandhar Oil Refinery Ltd IPO basis of allotment has been finalised and the status can be checked on Link Intime or BSE websites. The mainline IPO is expected listed on the primary markets this week only if reports are to be believed. Link Intime is the registrar for the Gandhar Oil Refinery IPO. Investors who have bid for Gandhar Oil Refinery IPO may check the allotment status on the official website of the Link Intime India Private Limited and BSE.
Since Link Intime is the registrar for all five mainboard IPOs that opened last week, timely allotment is tricky but as we saw with IREDA IPO allotment, Link Intime will through. Tata Technologies IPO allotment and FedFina allotments are also out now.
Gandhar Oil Refinery IPO Allotment Details
| Allotment date | November 29, 2023 |
| Link to check allotment status | https://linkintime.co.in/mipo/ipoallotment.html |
| Details required to check allotment status | PAN, Application No., DP Client ID |
| Link to check IPO status on BSE | https://www.bseindia.com/investors/appli_check.aspx |
Steps to check Gandhar Oil Refinery IPO allotment status
- Visit the official website of the registrar Link Intime
- Navigate to the ‘IPO Allotment” link
- Select “Gandhar Oil Refinery Limited’ from the dropdown menu
- Enter your PAN, Application Number or DP Client ID
- Your Gandhar Oil IPO allotment status will be displayed.
Subscriptions & GMP
The IPO market has been in a frenzy these current 2-3 weeks. Amidst much sought after IPOs such as Tata Technologies and IREDA, Gandhar Oil Refinery too received a great response. The Gandhar Oil issue was subscribed a total of 65.63 times, receiving bids for nearly 1,36,09,99,464 shares against 2,12,43,940 on offer. The QIBs subscribed 129.06 times, NIIs 64.34 times and retail investors subscribed 29.93 times, putting in nearly Rs 23,000 crore worth bids against around Rs 500 crore on offer. The Grey market premium is hovering around Rs 72-75 against a issue price of Rs 160-169 per share.
More IPO allotment news here.
