How To Check RK Swamy IPO Allotment Status

The R K Swamy IPO concluded on March 6, with an overwhelming response from investors. The IPO, valued at ₹423.56 crore, received bids for 25.78 times the offered shares. The R K Swamy IPO allotments status is set to be finalised today.

If you applied for the IPO, here is how you can check the R K Swamy IPO allotment status.

Checking IPO Allotment Status on Registrar's Website:

Follow these steps to check the R K Swamy IPO allotment status

  1. Visit the registrar's website.
  2. Click on "Company Selection" and choose "R K Swamy" from the dropdown menu.
  3. Then you can enter your PAN, application number, or Demat.
  4. Enter the captcha and click Submit to retrieve the R K Swamy IPO allotment status

Checking IPO Allotment Status on BSE:

  1. Go to the BSE website.
  2. Click on the ‘Equity' section and select "R K Swamy" from the dropdown menu.
  3. Enter your application number or PAN.
  4. Click on the ‘Search' button.
  5. The result will show the number of shares allotted to you.

If all the details are entered correctly and the allotment has been finalised, the R K Swamy IPO allotment status will be visible.

R K Swamy IPO Subscription Status

The R K Swamy IPO received bids for 21,22,37,750 shares against 82,32,946 shares on offer. The retail individual investors category garnered 33.31 times subscriptions, while the non-institutional investors’ segment saw a subscription of 34.24 times. Qualified Institutional Buyers (QIBs) subscribed 20.58 times.

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R K Swamy IPO GMP is reported to be trading ₹17 higher compared to its issue price. This indicates a 5.90% expected listing gain from the public issue.

RK Swamy IPO Details

The RK Swamy IPO consists of a fresh issue of up to ₹173 crore and an offer for sale (OFS) component of up to 87,00,000 equity shares, priced in the range of Rs 270-288 per share. The company raised ₹187 crore from anchor investors.

Promoters Srinivasan K Swamy and Narasimhan Krishnaswamy, along with investors Evanston Pioneer Fund LP and Prem Marketing Ventures LLP, are the selling shareholders in the OFS.

Proceeds from the fresh issue will be utilized for various purposes, including setting up a digital video content production studio, establishing new customer experience centres and computer-aided telephonic interview centres, investment in IT infrastructure development, and general corporate purposes.

The listing of equity shares of R K Swamy is scheduled on the BSE and NSE on March 12.

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