Digilogic Systems IPO Allotment Finalized Today: Key Details for Investors
The much-anticipated share allotment for the Digilogic Systems IPO is being finalized today, Friday, January 23. This marks a critical milestone for investors who participated in the public offering, as they will now discover the outcome of their applications.
How to Check Digilogic Systems IPO Allotment Status
Investors can verify their IPO allotment status through the official registrar's portal, which is managed by Kfin Technologies Ltd. The process is straightforward and can be completed online by following these steps:
- Visit the Kfin Technologies website at the designated IPO status portal.
- Select "Digilogic Systems IPO" from the dropdown menu labeled "Select IPO."
- Choose your preferred method for checking the status:
- Application Number: Enter your application number and the captcha code, then submit.
- Demat Account: Provide your Demat account details along with the captcha code.
- PAN: Input your PAN number and the captcha code.
Alternatively, investors can also check their allotment status on the BSE (Bombay Stock Exchange) website by visiting the allotment page, selecting 'Equity' as the issue type, choosing the Digilogic Systems IPO from the list, and entering their application number or PAN.
Digilogic Systems IPO GMP and Subscription Status
According to data from investorgain.com, the Digilogic Systems IPO GMP (Grey Market Premium) is currently ₹0. This indicates that the shares are trading at their issue price of ₹104 in the grey market, with no premium or discount observed. This neutral GMP suggests a balanced market sentiment towards the IPO at this stage.
The subscription status for the Digilogic Systems IPO, as reported by chittorgarh.com, stands at 1.10 times on the third day of the offering. Breaking down the subscription figures:
- QIBs (Qualified Institutional Buyers): The portion was booked 1.60 times, showing strong institutional interest.
- Retail Investors: The retail segment was subscribed 1.08 times, indicating moderate participation from individual investors.
Post-Allotment Procedures and Important Dates
Once the allotment is finalized, the company will take the following actions:
- Allotted Shares: Shares allocated to successful applicants will be credited directly to their demat accounts on the same day, January 23.
- Refunds for Unsuccessful Applicants: For those who did not receive any shares, the refund process will commence on Tuesday, January 27. This ensures that funds are returned promptly to investors.
Looking ahead, the Digilogic Systems IPO listing date is scheduled for Wednesday, January 28. On this day, the shares will begin trading on the stock exchanges, allowing investors to buy and sell them in the secondary market.
Key Factors in IPO Allotment Assessment
Investors should note that the allotment status is influenced by several factors, including the total number of shares available and the overall subscription levels. By checking the allocation guidelines, investors can determine not only whether they have received shares but also the specific quantities allotted to them.
Disclaimer: The views and recommendations mentioned are those of individual analysts or broking companies and not of Mint. Investors are advised to consult with certified experts before making any investment decisions.
