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Page 38 - Ipo Allotment

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.

Angel Broking IPO: Here's how to check share allotment status
Updated On : 01 Oct 2020 | 1:25 PM IST

SBI Cards IPO: Allotment of shares finalised, steps to check status

The SBI Cards IPO is one of the largest share sale in recent times, both in terms of size and oversubscription

SBI Cards IPO: Allotment of shares finalised, steps to check status
Updated On : 12 Mar 2020 | 2:47 PM IST

Small funds to complain on IPO allotment to Sebi

Smaller fund houses want a change in the rules on allocation in Initial Public Offers (IPOs) of equity.Some of them say preference in the anchor investor portion is given mostly to larger entities. Those not among the top 15 rarely get any. The issue is to be raised on Tuesday with the markets regulator, Securities and Exchange Board of India (Sebi). According to sources, Ajay Tyagi, the latter's chief, has called a meeting of MF chief executives.Any fund house may apply in an IPO in the Qualified Institutional Buyer (QIB) category, where allotment is made on a proportionate basis. Typically, half the issue size is reserved for QIBs. The bone of contention is the anchor allotment, where investment banks and the issuer usually decide whom to allot. Up to 60 per cent of the QIB portion may be allocated to the so-called anchor investors. While MFs compulsorily have to be allotted some part of the anchor book, the smaller ones say only the bigger fund houses get this. "If you look at ...

Small funds to complain on IPO allotment to Sebi
Updated On : 24 Apr 2017 | 11:31 PM IST