Angel Broking IPO: Here's how to check share allotment status

Investors may check the allotment status of their share either on the BSE or Link Intime India website.

The initial public offer (IPO) of Angel Broking saw a subdued response as compared to the other recent offerings in the primary market. The Rs 600-crore IPO garnered nearly four times subscription.

The IPO comprised Rs 300 crore in fresh fund raising and another Rs 300 crore secondary share sale by existing shareholders, including International Finance Corporation (IFC), a World Bank arm. Angel Broking is the country’s fifth largest broker in terms of the number of active clients. At the IPO price, Angel Broking will be valued at Rs 2,503 crore.

The allotment of the IPO's shares has now been