If you have placed a bid for the Leela Hotels IPO, which opened on May 26 and closed on May 28, your wait is nearly over. The allotment of shares is expected to be finalised today, May 28, while the listing is scheduled for June 2.
The price band for the IPO was set at Rs 435 per share.
Here’s a quick and easy guide to check your IPO allotment status online.
How to check IPO allotment status
- Checking Leela Hotels IPO allotment Via the BSE Website
- Go to the BSE IPO allotment status page.
- Select ‘Equity’ as the issue type.
- From the dropdown, choose ‘Leela Hotels IPO’.
- Enter your application number or PAN.
- Complete the captcha by ticking ‘I’m not a robot’ and click on Search.
Checking Leela Hotels IPO allotment Via NSE Website
- Visit the NSE IPO application tracking page.
- Then, click on ‘Equity and SME IPO Bid Details’.
- Select ‘Leela Hotels IPO’ from the list.
- Provide the details such as your application number and PAN.
- Submit to view your allotment status.
Checking Leela Hotels IPO allotment Via the Registrar’s Website
- Go to the official site of the registrar KFin Technologies.
- Select ‘Leela Hotels IPO’ from the dropdown.
- Choose any of the following: PAN, Application Number, DP ID/Client ID, or Bank Account Number.
- Fill in the necessary details and press Search to check your status.
Leela Hotels IPO: Subscription snapshot
The Leela Hotels IPO by the end of the bidding window received an overall subscription of 4.72 times.
Qualified Institutional Buyers (QIBs): 7.82 times
Non-Institutional Investors (NIIs): 1.08 times
Retail Investors: 0.87 times
Leela Hotels IPO: Grey Market
The grey market premium (GMP) for Leela Hotels IPO is currently around Rs 6, suggesting a likely listing price of Rs 441. This translates to a potential gain of around 1.38% from the upper end of the price band. However, GMP is unofficial and may not always reflect actual listing performance.
Leela Hotels IPO: IPO details
The public issue of Leela Hotels IPO was open for subscription from May 26 to May 28, with the company aiming to raise Rs 3,500 crore through the initial public offering. The price band for the issue was fixed at 435 per share.
The issue is being managed by Jm Financial, Bofa Securities India, Morgan Stanley India Company, J.P. Morgan India, Kotak Mahindra Capital, Axis Capital, Citigroup Global Markets, IIFL Capital Services, Motilal Oswal Investment Advisors, SBI Capital Markets Limited , while KFin Technologies is acting as the registrar. Once the allotment process is completed, the shares are scheduled to be listed on both the Indian bourses NSE and BSE on June 2.