Identical Brains Studios Ltd’s IPO (initial public offering) has been concluded after a three-day bidding period on Friday, December 20, 2024. The investors are now anxiously waiting to find out if they’ve been allotted shares, and the company may finalize the allotment on Monday, December 23. The IPO saw a massive overall subscription, reaching 544.36 times the available shares on the third day. Here’s how different groups subscribed:
- Qualified Institutional Bidders (QIBs): 187.36 times.
- Non-institutional investors (NIIs): 1020.55 times.
- Retail investors: 544.28 times their allotted quota.
The company’s IPO started on December 18, 2024, and concluded on December 20, 2024. The company aimed to raise Rs 20 crores from this share sale. Furthermore, the minimum investment requirement was 2,000 shares. The company offered 36.94 lakh shares for sale, with a price band of Rs 51 to Rs 54 apiece.
Identical Brains Studios IPO: GMP
According to several media reports, the Grey Market Premium (GMP) for Identical Brains Studios’ IPO was Rs 55 on Friday. According to grey market expectations, the IPO is likely to list with a premium of approximately 102% against the issue price range of Rs 51 to Rs 54 per share.
How To Check Share Allotment Status?
On Registrar’s Website
- Go to Bigshare Services Pvt Ltd’s website.
- Select the ‘Identical Brains Studios IPO’ in the dropdown menu.
- Provide your application number, Permanent Account Number (PAN), or Demat account number.
Select application type (ASBA or non-ASBA) - Enter required details.
- Do Captcha verification.
- Tab on the submit button.
On BSE Website
- Go onto the BSE’s website.
- Check in the “Public Issues” tab.
- Select the equity.
- From issue name’s menu, select “Identical Brains Studios”.
- Provide your Permanent Account Number (PAN) or application number.
- Tab on the submit tab.
NSE’s Website
- Go onto the NSE’s website.
- Log in with your User ID and password, if registered, or register yourself.
- Enter the details required.
- Check your share allotment status.
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