The share allotment for Zinka Logistics Solution’s IPO is expected to be announced today, November 20. The IPO, which was open for subscription from November 13 to November 18, received a mixed response.
Key Subscription Highlights:
- Qualified Institutional Buyers (QIBs): Subscribed 2.76 times
- Retail Investors: Subscribed 1.66 times
- Non-Institutional Investors (NIIs): Subscribed 24%
- Employees: Subscribed 9.88 times
The IPO saw a total subscription of 1.86 times by the closing day, as per BSE data.
Allotment and Refund Process
- Investors can check their allotment status online.
- If shares are allocated, they will be credited to your demat account today.
- If not, refunds will also start processing today.
- The listing date for Zinka Logistics shares is set for Thursday, November 21.
How to Check IPO Allotment Status
On KFin Technologies Website:
- Visit KFin IPO Status Portal.
- Select “Zinka Logistics Solution IPO” from the dropdown.
- Enter your PAN, Demat account number, or application number.
- Solve the captcha and click “Submit.”
On BSE Website:
- Go to the BSE IPO Allotment Page.
- Choose ‘Equity’ under ‘Issue Type.’
- Select “Zinka Logistics Solution IPO” from the dropdown menu.
- Enter your application number or PAN, and hit “Submit.”
On NSE Website:
- Visit the NSE IPO Allotment Page.
- Sign up using your PAN, or log in with your username and password.
- Check your allotment status on the next page.
Grey Market Premium (GMP)
Currently, the grey market premium (GMP) for Zinka Logistics IPO is ₹0, meaning shares are trading at their issue price of ₹273 with no premium or discount.
Keep an eye on your status to see if you’ve secured a piece of this IPO!
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