Date of Indegene IPO Allotment: Healthcare tech firm Indegene’s initial public offering (IPO) closed on Wednesday, May 9 with a total subscription of 69.91 times. After finalisation, shares of Indigene will be provisionally listed on NSE, and BSE on Monday, May 13. Allotment of shares today 9th May.

Indegene IPO Subscription Status

The Rs 1,841.75 crore IPO received bids for 2,01,81,78,162 shares as against 2,88,66,677 shares on offer as of provisional exchange data.

The Qualified Institutional Buyers (QIBs) portion was subscribed 197.55 times while the Non-Institutional Investors portion was subscribed 55.07 times. The retail individual investors (RIIs) quota increased the subscription by 7.95 times.

Today Indegene IPO Allotment: Step by Step Guide on How to Check Allotment Status

Those who participated in the Indegene IPO can check the status of their application online in two ways: through the BSE website and through the registrar’s website.

Check Indegene IPO Allotment Status on BSE

Step 1: Visit the official website of BSE to check the status of IPO application online. Login using the direct link: bseindia.com/investors/appli_check.aspx

Step 2: Select ‘Equity’ under ‘Issue Type’

Step 3: Select ‘Issue Name’. Either enter the application number in the box or provide your PAN details to proceed.

Step 4: Click on ‘Submit’.

The status of your Indegene IPO application will be displayed on the screen.

Check Indegene IPO Allotment Status on Link In Time

Step 1: Login directly to Linkintime web link — linkintime.co.in/MIPO/Ipoallotment.html;

Step 2: Select– Indegene IPO

Step 3: The bidder then has to enter the PAN details.

Step 4: Click on the ‘Search’ option.

The status of your Indegene IPO application will be displayed on the screen.

Independent IPO: Utilization of Fund

The funds raised through the fresh issue will be used for repayment of debt, meeting capital expenditure requirements, deferred payment for one of its past acquisitions, inorganic growth and general corporate purposes. .

What does Indegene do?

Founded in 1998, Indegene offers solutions that help biopharmaceutical, emerging biotech and medical devices companies develop products, launch them to market, and drive sales throughout their lifecycle.

Kotak Mahindra Capital Company, Citigroup Global Markets India, JP Morgan India and Nomura Financial Advisory and Securities (India) are the managers of the offering.

(with PTI input)

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