Srigee DLM IPO subscribed over 100 times so far on day 3; here's how to check allotment status online

Srigee DLM IPO, with a price band of ₹94 to ₹99 per share, has been subscribed 100.11 times so far on Wednesday, May 7, the final day of subscription.

It has received bids for 12,31,34,400 shares as against 12,30,000 shares on offer, according to the data on the BSE website until 11:40 am.

Retail investors subscribed to their portion 94.47 times, as they submitted applications for 5,40,72,000 shares compared to 5,72,400 shares reserved for the category.

Non-institutional investors applied to 6,85,68,000 shares compared to 3,32,400 shares on offer, leading to 206.28 times subscription.

Qualified institutional buyers (QIBs) submitted bids for 4,94,400 shares as against 3,25,200 shares reserved for them. Their quota was booked 1.52 times.

A lot consists of 1,200 shares, needing a minimum investment of ₹1,12,800.

Srigee DLM IPO allotment status will be finalised on Thursday, May 8. The finalisation details will be available on BSE and Bigshare Services websites.

How to check Srigee DLM IPO allotment status online on BSE

• Go to BSE's IPO allotment status check page: https://bseindia.com/investors/appli_check.aspx.
• Select ‘Equity’ as the issue type.
• Select ‘Srigee DLM Ltd’
• Enter PAN or application number.
• Click on search

Steps to check Srigee DLM IPO allotment status online on Bigshare Services

• Visit IPO allotment status page of registrar: www.bigshareonline.com/ipo_Allotment.html
• Select any one server
• Click on Srigee DLM Ltd from the issue names
• Enter any of these— Beneficiary ID, PAN or application number
• After completing the 'captcha' verification, click the ‘Search’ button

Srigee DLM provides design-led manufacturing and assembly services. The company's shares will hit the BSE SME platform on Monday, May 12.