Belrise Industries IPO: It is just a matter of time for the shares to be allotted, GMP started increasing before listing, check here how much it increased:

News Topical, Digital Desk : The share allotment of Belrise Industries IPO will be finalized tomorrow i.e. Monday, May 26. Investors who applied for this IPO can check the allotment status on the website of MUFG Intime India Private Limited (Link Intime India). This IPO opened on May 21 and closed on May 23. According to BSE data, this IPO was subscribed 41.30 times on the last day.

Subscription details

The Qualified Institutional Buyers (QIB) portion was subscribed 108.35 times.
The share of retail investors (RIIs) was subscribed 4.27 times.
The quota of non-institutional investors was subscribed 38.33 times.

Allotment and refund process
Investors can check the allotment status to see if they have received shares or not and how many they have received. For those who do not get shares, the refund process will start from Tuesday, May 27. Those who are allotted shares will get the shares credited to their demat accounts on Tuesday. Belrise Industries IPO will be listed on Wednesday, May 28.

How to check allotment status on Link Intime India?

Visit the website https://linkintime.co.in/initial_offer/public-issues.html.
Select IPO from the dropdown menu (name will be visible after allotment).
Select Application Number, Demat Account or PAN option.
Indicate whether your application is ASBA or non-ASBA.
Fill the details of the chosen option.
Complete the captcha and submit the form.

How to check allotment status on BSE?

Visit BSE website https://www.bseindia.com/investors/appli_check.aspx.
Select 'Equity' in 'Issue Type'.
Select IPO from 'Issue Name'.
Enter your PAN or application number.
Click on 'I am not a Robot' and press the 'Submit' button.

How to check allotment status on NSE?

Visit NSE website https://www1.nseindia.com/products/dynaContent/equities/ipos/ipo_login.jsp.
Click on 'Click here to sign up' and register with PAN.
Enter username, password and captcha code.
Check IPO allotment status on the newly opened page.