The much-anticipated ixigo IPO allotment is set for today. This guide provides detailed instructions on how to check the allotment status online, subscription statistics, and the latest Grey Market Premium (GMP).
How to Check ixigo IPO Allotment
To check the status of your ixigo IPO allotment, follow these steps:
- Visit the Registrar’s Website: Go to the official website of the IPO registrar, typically a platform like Link Intime or KFintech.
- Enter Details: Input your PAN number, application number, or DP/Client ID.
- Submit Information: Click on the ‘Submit’ button to view your allotment status.
Alternatively, you can check on the Bombay Stock Exchange (BSE) website:
- Visit BSE Website: Navigate to the BSE India website.
- Select Issue Type: Choose ‘Equity’ as the issue type.
- Enter Details: Provide your application number and PAN.
- Submit: Click ‘Search’ to view the status.
Subscription Status
The ixigo IPO saw a strong response from investors:
- Qualified Institutional Buyers (QIBs): Subscribed multiple times over.
- Non-Institutional Investors (NIIs): Showed substantial interest.
- Retail Investors: Overwhelming participation, leading to a high oversubscription rate.
This high subscription rate indicates strong market confidence in ixigo’s growth potential and business model.
Grey Market Premium (GMP) Today
The Grey Market Premium (GMP) is an indicator of the expected listing price of an IPO. As of today:
- Current GMP: Reflects positive sentiment, suggesting a premium over the issue price.
- Market Expectations: Investors are optimistic about ixigo’s market debut, anticipating a strong listing performance.
Key Points about ixigo
- Company Overview: ixigo is a leading online travel aggregator, known for its user-friendly interface and comprehensive travel solutions.
- Business Model: Focuses on providing a wide range of travel services, including flight bookings, hotel reservations, and rail ticketing.
- Growth Potential: With a strong user base and innovative offerings, ixigo is well-positioned for growth in the competitive travel industry.
Conclusion
The ixigo IPO allotment is a significant event for investors, reflecting strong market interest and potential for growth. By following the outlined steps, you can easily check your allotment status. Stay updated on the GMP and market reactions to make informed decisions.
