Shlokka Dyes IPO Allotment Status Today: Here’s How to Check Allotment Status Online

Ahmedabad, October 15: The allotment status for Shlokka Dyes Limited is expected to be finalised today, on October 15. Investors who applied to the issue can check their allotment status by visiting the BSE portal or through the website of the registrar, which is Bigshare Services Pvt Limited.

In case of successful allotment, the shares will be credited to the demat accounts on October 16. On the same date, investors who did not receive the share allotment will receive the refunds. The shares of the company are expected to list on the BSE SME platform on October 17.

Shlokka Dyes Limited is an Indian company that is engaged in manufacturing and exporting specialty chemicals and dyes. The company was established in 1989 and is headquartered in Ahmedabad, Gujarat.

How to Check Shlokka Dyes IPO Allotment Status

Check Shlokka Dyes IPO Allotment Status on BSE Website

Step 1: Visit: https://www.bseindia.com/investors/appli_check.aspx

Step 2: Under Issue Type, select ‘Equity’

Step 3: From the Issue Name dropdown, choose ‘Shlokka Dyes Ltd’

Step 4: Enter your application number or PAN

Step 5: Complete the captcha verification

Step 6: Click ‘Search’ to view your allotment result

Check Shlokka Dyes IPO Allotment Status on Registrar’s Website (Bigshare Services Pvt Ltd)

Step 1: Go to: https://ipo.bigshareonline.com/ipo_status.html

Step 2: Select ‘Shlokka Dyes Ltd’ from the list of active IPOs

Step 3: Choose any of the following identification options: Application Number, DP ID/Client ID, PAN

Step 4: Enter the relevant details and captcha

Step 5: Click on ‘Search’ to view your allotment status

Shlokka Dyes Overall Subscription At 1.12 Times

The IPO received a moderate 1.12 times total subscription. The Market Maker category was fully subscribed with 3,24,000 shares. Qualified Institutional Buyers (QIBs) subscribed 1.02 times, bidding for 6,14,400 shares against 6,03,600 shares offered, totalling ₹5.59 crore.

Non-Institutional Buyers subscribed 2.24 times with 36,42,000 shares bid for against 16,26,000 shares offered, amounting to ₹33.14 crore. Within this, the bNII (bids above ₹10 lakh) portion was subscribed 3.09 times, while the sNII (bids below ₹10 lakh) category saw a 0.54 times subscription.

The Individual Investors category (bidding for 2 lots) subscribed 0.65 times, applying for 24,86,400 shares against 37,96,800 shares offered, with a total value of ₹22.63 crore. In total, 67,42,800 shares were bid for against 60,26,400 shares offered, generating ₹61.36 crore from 1,159 applications.

Shlokka Dyes Book Build Issue of ₹57.79 Crore

The issue is a book build issue of ₹57.79 crore, including an entirely fresh issue of 0.64 crore shares, with no offer for sale element. The IPO opened on September 30 and closed on October 14. The company has set ₹88 to ₹91 as the price band per share. The lot size per application is 1,200 shares, with the minimum required investment amount at ₹2,18,400 (2,400 shares) by a retail investor at the upper price band. The minimum lot size investment for HNI is 3 lots (3,600 shares), amounting to ₹3,27,600.

Interactive Financial Services Ltd. is the book-running lead manager, while Bigshare Services Pvt. Ltd. is the registrar of the issue. The Market Maker of the company is Aftertrade Broking Pvt.Ltd..

Disclaimer: At HDFC SKY, we take utmost care and due diligence in curating and presenting news and market-related content. However, inadvertent errors or omissions may occasionally occur.

If you have any concerns, questions, or wish to point out any discrepancies in our content, please feel free to write to us at content@hdfcsec.com.

Please note that the information shared is intended solely for informational purposes and does not make any investment recommendations