SJ Logistics (India) Limited IPO allotment status is now available on Maashitla Securities website, a day later after the scheduled date of 15th December as per the Company’s RHP document. S J Logistics’ IPO registrar Maashitla Securities Private Limited will finalise the basis of allotment and avail the facility to check the allotment status through a link on its website. The SJ Logistics IPO has achieved the rare feat of crossing bids worth over Rs 10,000 for a SME IPO.
The Initial Public Offering (IPO) of the S J Logistics (India) Limited is a book built issue worth Rs 48 crore of entirely 38.4 lakh fresh equity shares. The IPO was opened for subscription between 12th to 14th December 2023.
16th December 2023, 07: 10 PM Update: The registrar Maashitla Securities has now announced the SJ Logistics (India) Limited IPO allotment. Investors can check the allotment status by visiting its website at the link given below.
SJ Logistics (India) Limited IPO allotment date and time:
- The allotment status is now available, released on 16th December evening.
- The unsuccessful investors will get their refunds on 18th December whereas the successful ones will also get shares credited to their Demat accounts on 18th December 2023.
- The company will be listed on the NSE SME on 19th December 2023.
Where to check the SJ Logistics IPO allotment status:
- The investors can check the allotment status by visiting the website of SJ Logistics IPO registrar – Maashitla Securities Private Limited at this link – https://maashitla.com/allotment-status/public-issues.
- Allotment status can also be checked on the NSE website at this link.
How to check the S J Logistics IPO allotment status?
Follow these steps to check the allotment status:
- Visit the website of Maashitla Securities at link given above
- Select the company name “S J Logistics (India) Limited”
- Enter one of the required details i.e., PAN or Application number or Demat Account number
- Submit your request and the allotment status will be displayed online.
Record-setting Subscription Status
Following the wake of record-setting subscription of Accent Microcell IPO last week and Basilic Fly Studios three months ago, the SJ Logistics IPO became the third SME IPO ever to cross bids worth Rs 10,000 crore.
The shares of SJ Logistics (India) Limited were subscribed a total of 316.12 times. The retail portion was subscribed 356.15 times, NIIs portion 489.21 times and the QIB portion was subscribed 116.16 total. Overall, the investors bid for a total of 80.76 crore shares worth Rs 10,096 crore. A total of 4,54,806 applications were received for the SJ Logistics IPO.
