IPO Snapshot
Epack Prefab Technologies recently came out with its IPO, attracting a lot of attention from retail and institutional investors. Here are the quick details:
- Price band: ₹218 – ₹230 per share
- Lot size: 65 shares
- Issue size: Around ₹640 crore
- IPO dates: Opened January 19, 2024 – Closed January 23, 2024
- Basis of allotment: Finalized on January 24, 2024
- Refunds/Share credit: January 25, 2024
- Listing date: January 29, 2024
- Exchanges: NSE and BSE
Subscription Status Overview
The IPO received healthy demand:
- Qualified Institutional Buyers (QIBs): Subscribed strongly, showing confidence in the company.
- Non-Institutional Investors (NIIs/HNIs): Participation was robust.
- Retail Investors: The quota was oversubscribed, meaning chances of full allotment for every applicant were lower.
Overall, the issue was oversubscribed, reflecting solid market appetite.
How to Check Your Allotment Status
Once the allotment is finalized, you can verify whether you got shares using the following methods:
1. Registrar’s Website
- Visit the registrar’s IPO allotment page.
- Select Epack Prefab Technologies IPO.
- Enter your PAN, application number, or Demat ID (DP ID + Client ID).
- Submit the details and view whether you are allotted shares or not allotted.
2. BSE IPO Allotment Portal
- Go to the BSE IPO application status page.
- Under “Issue Type”, select Equity.
- Choose Epack Prefab Technologies from the dropdown.
- Enter your PAN or application number.
- Submit and check your allotment result.
3. NSE IPO Portal
- Log on to the NSE IPO application status page.
- Select Epack Prefab Technologies IPO.
- Provide your PAN or demat details.
- Submit to view allotment status.
4. Broker or Demat Account
- Login to your trading or demat platform (Zerodha, Groww, AngelOne, etc.).
- Go to your IPO section → “My Applications”.
- Select Epack Prefab Technologies IPO.
- You’ll see whether shares were allotted or not.
What Happens Next
- If allotted: Shares will be credited to your demat account by the credit date. You can sell or hold after listing.
- If not allotted: Funds blocked during the IPO application will be released/refunded to your bank account.
Key Takeaway
- Epack Prefab Technologies IPO saw strong subscription across categories.
- Because of oversubscription, allotment chances were limited, especially in the retail category.
- You can easily check your allotment on the registrar’s website, BSE/NSE portals, or your broker’s app.
