Market Insight
The IndicB space IPO allocation will be finalized on Monday. Here’s how to check the status
The retail part was subscribed 13.28 times, and non-institutional investors (NIIS) subscribed 8.68 times. The employee’s category was also well received with 6.95X subscription.
How to check the status of indicab IPO allocation:
1. Visit Registrar’s website: (https://linkintime.co.in) (https://linkintime.co.in)
2. Click on the “IPO allocation status” link on the homepage.
3. Select “IndicB space IPO” from the dropdown.
Living events
4. Either enter your PAN number, application number or DP/Client ID.
You can also check the allocation through the BSE website:
Go to (https://www.bseindia.com/investors/appli\_check.aspx)(https://www.bseindia.com/investors/appli_check.aspx)
2. Select “Equity” and select “Indicbi Spaces” from the dropdown.
3. Enter your application number and pan.
Successful applicants will see shares deposited to their demat accounts on July 29, while a refund for unsuccessful dialects will also be launched on the same day. The stock is listed on BSE and NSE on July 30.
Next to the IPO, the company has received Rs. 314 crores.
Parable
Indicbe, which offers managed workspace and cooperative solutions, operates 115 centers in 15 cities, covering 8.4 million square feet of space. When it continues to post a net loss due to expansion and IND-AS accounting adjustment, its income has increased by 27% in the financial year 25.
Gray Market Premium (GMP) is about Rs. With a walk around 5, the IPO can make a list on the opening day of EP, reduction of the stock issue price of 2%.
(Now you can subscribe to our Etmarkets WhatsApp channel)
