How to Check SBI Card IPO Allotment Status After Application
Investing in Initial Public Offering (IPO) can be a valuable way to expand your investment portfolio. The SBI Card IPO is particularly popular, as evidenced by its high subscription rate. If you have recently applied for SBI Card IPO, you might be eager to check the status of your allotment. Here are the steps you can follow to check the status.
Step 1: Use the LinkIntime India Pvt Ltd Status Check Site
If you are using any stocks trading app such as Upstox, Zerodha, or any other, you can visit the LinkIntime India Pvt Ltd site for a status check. Simply go to the website and fill in your PAN number to check the status of your SBI Card IPO allotment.
Step 2: Visit the Registrar’s Website (LinkIntime)
The official registrar for the SBI Card IPO is LinkIntime India Pvt Ltd. You can also check your allotment status here by following these steps:
Select the Issue: In the drop-down menu, select the issue you applied for - SBI Cards and Payment Services. Enter Identification Details: Next, you will need to enter either your PAN number or application number to retrieve your status. Submit: Finally, enter the captcha code and click the submit button to see your allotment status.Step 3: Check on the BSE Website
Another way to check your IPO allotment status is through the official website of the Bombay Stock Exchange (BSE). This site also allows you to search for your allotment status by PAN or application number.
Expected Allotment Date
The allotment of shares in the SBI Cards IPO is expected to be finalized by March 12, 2020. It is important to note that the process of checking your status may take some time and your allotment may not be completed right away. If you have any further questions, please contact the relevant authorities or your broker for assistance.
Conclusion
The SBI Card IPO has shown significant demand, with a massive oversubscription rate of 22 times. Many investors are eagerly waiting to see if they have been allotted shares. By following the steps outlined in this guide, you can easily check the status of your SBI Card IPO application and stay informed about any updates.