体育电竞战队查询app下载

Equitas Holdings IPO allotment status How to check Equitas Holdings IPO Allotment Status?

Equitas Holdings got oversubscribed by 17 times recently. I just got Equitas Holdings IPO allotment message on my iphone few minutes back. If you have already received message debiting funds from your account, Equitas Holdings IPO allotment of shares are done to you. If not you can follow the below process. How to check Equitas Holding IPO allotment status? If these shares are allotted to you, but gets listed below issue price, what should you do? Does it give good listing gains?

Also Read: Top Large cap mutual funds to invest in 2016

Equitas Holdings – IPO Allotment Status

Karvy is updating this list and you would soon see the Equitas name in drop down box.

  • Visit Karisma link of Karvy for IPO allotment here.
  • Select Equitas Holdings IPO from drop down box.
  • Select PAN no or DP Client ID or application no.
  • Enter PAN no or DP Client ID or application no.
  • Fill captcha
  • Submit
  • You would know the status of Equitas IPO shares allotment

Listing of Equitas Holdings IPO can happen in next 3 to 7 working days

About Equitas Holdings IPO

Chennai based, Equitas Holdings IPO opened for subscription on 5th April, 2016 and closed on 7 th April, 2016. Equitas Holdings Ltd is a diversified financial services provider focused on individuals and micro and small enterprises (MSEs). The company posted revenue growth of over 33% CAGR in last 5 years. There were several positive factors in Equitas Holdings IPO. The upper price band of issue price was Rs 110 and it was oversubscribed by 17 times indicating strong sentiment over this IPO.

Company shown strong revenue growth in last 5 years. Good margins of around 15% made this IPO attractive.  It got Small Finance Bank (SFB) licence, its set-up may take time and its benefits would be seen in coming years. Considering all the above factors, I have recommended investors to invest in this IPO. However, one should note that recent IPO’s are listed at below issue price, hence on listing day it may test and can list below issue price too. My view is you should be willing to hold such shares for 3 to 5 years in case the shares of such IPO’s are listed below its issue price. If you are able to get listing gains, its party time.

Complete review about Equitas IPO can be read here.

Disclaimer : I just got one lot of allotment though I applied for higher number. If I get good listing gains, I would book profits, else would hold it for 3 to 5 years.

If you like this article, share it on Facebook / Twitter.

Suresh

Equitas Holdings – IPO Allotment Status

27 comments

  • goelbk

    Thanks for your valuable advice.

  • adi

    has the allotment completed i had applied for 6 lots but not alloted any shares

  • Sam

    I had applied for 10 lots but got allocation of only 1 lot!!!! How is it possible when the retail portion of Equitas was subscribed only 1.5 times? I smell something fishy here and going to write an email to the registrar of the issue. Do you know the allotment basis?

  • Anurag

    My experience with karvy is very bad … Hardly I get allotment …. Is it due to that fact I just applied for one lot ?

  • Srinivasan Kumar

    Suresh, Do you think that some mischief has taken place as I had applied for full(1755 shares) and got just 135 shares allotment. Retail was o/s 1.4 times. Don’t you think I should have got more than 1 lot. If subscription is 1 time, then all that we applied should have been given; but given 1.4 times o/s, don’t you feel that allotments should have been better. It is not o/s 15 or 20 times to say that we will get just 1 lot of 135 shares. Something does not add up well in EQUITAS IPO.

Leave a Reply

Your email address will not be published.