Investors are eager to know if they have been allotted shares in the Awfis Space IPO. The allotment status will show how many shares you have received. If you did not receive any shares, the refund process will begin, and those who got shares will see them credited to their demat accounts on Wednesday, May 29. The IPO will be listed on the BSE and NSE on Thursday, May 30.
How to Check Allotment Status
On the Bigshare Services Website:
- Visit Bigshare Services IPO Status Page.
- Choose “Awfis Space Solutions IPO” from the list.
- Enter your PAN number, Beneficiary ID, or Application No./CAF No.
- Click “Search” to see your status.
On the BSE Website:
- Visit the BSE Allotment Page.
- Select ‘Equity’ under ‘Issue Type’.
- Choose ‘Awfis Space Solutions IPO’ from the drop-down menu.
- Enter your application number or PAN.
On the NSE Website:
- Visit the NSE Allotment Page.
- Register with your PAN by clicking ‘Click here to sign up’.
- Log in with your password, user name, and captcha code.
- Check the status of your IPO allocation on the next page.
IPO Details
The Awfis Space Solutions IPO includes a fresh issue of ₹128 crore and an offer-for-sale (OFS) of up to 12,295,699 equity shares. Promoter Peak XV Partners Investments V will sell up to 6,615,586 shares, Bisque Ltd will sell up to 5,594,912 shares, and Link Investment Trust will sell up to 85,201 shares. The total IPO size is worth ₹599 crore.
The company plans to use the funds for new centers (₹42.03 crore), working capital (₹54.37 crore), and general corporate purposes. The lead managers for the IPO are ICICI Securities, Axis Capital, IIFL Securities, and Emkay Global Financial Services. The registrar is Bigshare Services Pvt Ltd.
Grey Market Premium (GMP)
The Awfis Space Solutions IPO GMP today is +₹129, meaning shares are trading at a ₹129 premium in the grey market. Based on the upper end of the IPO price band and the current GMP, the expected listing price is ₹512 per share, 33.68% higher than the IPO price of ₹383. This suggests a strong listing is expected.
GMP indicates the additional amount investors are willing to pay over the IPO price. Over the past 14 sessions, the GMP has shown an upward trend, indicating strong interest in the IPO.
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