Afcons Infrastructure IPO allotment: Here’s how to check status online

Afcons Infrastructure IPO's allotment status is expected to be finalised on Wednesday, October 30. The mainboard issue was open for subscription from October 25 to October 29.

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The IPO was overall subscribed 2.63 times on the last day of bidding. The ₹5,430-crore Afcons Infrastructure IPO received bids for a total of 22.78 crore shares against 8.66 crore shares on offer.

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The retail portion of the IPO was booked 94%, while the Non-Institutional Investors’ category (NIIs) was subscribed 5.05 times. The Qualified Institutional Buyers ((QIBs) booked their quota 3.79 times.

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The investors, who participated in the Afcons Infrastructure IPO subscription, can check the share allotment status on the website of the issue registrar, Link Intime India.

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Alternatively, you can also check the Afcons Infrastructure IPO allotment status on the NSE website by entering your PAN and application number.

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The company will initiate refunds and transfer of shares to the Demat accounts on October 31, after finalising the share allocation. The IPO listing has been scheduled on November 4.

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The Afcons Infrastructure IPO is a book-built offering valued at ₹5,430 crore. It consists of a fresh issue of 2.7 crore shares, totalling ₹1,250 crore, along with an offer-for-sale component of 9.03 crore shares worth ₹4,180 crore.

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