Aeroflex IPO Allotment Date & Other Details Check Online

Aeroflex IPO Allotment

The eagerly awaited Aeroflex Industries Initial Public Offering (IPO) is set to enter a crucial phase as the company finalizes the allotment of its shares.

The IPO, which garnered immense attention from investors across categories, witnessed a remarkable subscription rate, creating anticipation for its allotment process.

With the allotment date of August 29, 2023, investors are on the edge of their seats, hoping to secure a piece of the pie in this promising venture.

Aeroflex IPO Subscription Status

The initial public offering (IPO) of Aeroflex Industries received a strong response from investors, with the issue being subscribed 97.11 times.

The portion for qualified institutional bidders (QIBs) was subscribed 194.73 times, while the non-institutional investors’ category was subscribed 126.13 times.

Retail investors were also enthusiastic about the issue, with their quota being subscribed 34.41 times.

The strong response to the IPO is a positive sign for Aeroflex Industries. It indicates that investors are confident in the company’s business model and growth prospects.

The IPO will help the company to raise much-needed capital to fund its expansion plans.

Check Out: Aeroflex IPO Dates, Price & Other Details

Aeroflex IPO GMP

Aeroflex Industries Limited IPO GMP has remained strong, indicating that investors expect a strong listing.

Aeroflex IPO GMP costs Rs 72 per share, around 67% higher than the issue price.

The strong GMP is a positive sign for investors who have applied for the IPO. They will likely profit from their investment when the shares are listed on the stock exchange.

Here’s the list of Aeroflex Industries limited IPO GMP:

How to Check Aeroflex IPO Allotment Status

Investors who have applied for the Aeroflex Industries IPO can check their allotment status online.

The allotment status will be available on the Bombay Stock Exchange (BSE) websites and Link Intime India Private Limited, the registrar of the issue.

To check the Aeroflex IPO allotment status on the BSE website, investors can follow these steps:

1. Go to the BSE website: https://www.bseindia.com/
2. Click on the “Investors” tab.
3. Click on the “IPO Allotment Status” link.
4. Enter the IPO name, application number, and PAN number.
5. Click on the “Submit” button.

To check the Aeroflex IPO allotment status on the Link Intime website, investors can follow these steps:

1. Go to the Link Intime website: https://linkintime.co.in/MIPO/Ipoallotment.html
2. Select the IPO name from the drop-down list.
3. Enter the application number, demat account number, or PAN number.
4. Click on the “Submit” button.

Aeroflex Industries Limited IPO Refunds and Listing

The refunds for the unallotted shares in the Aeroflex Industries IPO will be initiated on Wednesday, August 30, 2023.

The shares will be credited to the demat accounts of the allotted investors on Thursday, August 31, 2023. The IPO will also be listed on the BSE and NSE on the same day.

Wrap Up on Aeroflex IPO Allotment Status

Allotment of shares in the Aeroflex Industries IPO is scheduled to be finalized today, August 29, 2023.

Investors can check their allotment status online on the BSE and Link Intime India Private Limited websites.

The refunds for the unallotted shares will be initiated on Wednesday, August 30, 2023, and the shares will be credited to the demat accounts of the allotted investors on Thursday, August 31, 2023.

The IPO will also be listed on the BSE and NSE on the same day.

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