Nifty 17026.45 (-2.91%)
Sensex 57107.15 (-2.87%)
Nifty Bank 36025.5 (-3.58%)
Nifty IT 34606.1 (-1.97%)
Nifty Financial Services 17614.7 (-3.56%)
Adani Ports 717.15 (-5.94%)
Asian Paints 3143.10 (-0.04%)
Axis Bank 661.75 (-2.67%)
B P C L 376.85 (-5.81%)
Bajaj Auto 3334.60 (-1.68%)
Bajaj Finance 6807.05 (-4.47%)
Bajaj Finserv 16682.55 (-3.95%)
Bharti Airtel 738.75 (-3.45%)
Britannia Inds. 3555.30 (-0.51%)
Cipla 966.70 (7.42%)
Coal India 155.90 (-1.67%)
Divis Lab. 4937.80 (2.88%)
Dr Reddys Labs 4750.90 (3.47%)
Eicher Motors 2433.90 (-3.43%)
Grasim Inds 1690.10 (-4.34%)
H D F C 2741.70 (-4.40%)
HCL Technologies 1110.05 (-1.31%)
HDFC Bank 1489.90 (-2.36%)
HDFC Life Insur. 670.65 (-2.64%)
Hero Motocorp 2529.40 (-2.52%)
Hind. Unilever 2335.10 (-0.59%)
Hindalco Inds. 417.00 (-6.72%)
I O C L 120.95 (-3.74%)
ICICI Bank 722.20 (-3.84%)
IndusInd Bank 901.80 (-5.99%)
Infosys 1691.65 (-1.79%)
ITC 224.00 (-3.16%)
JSW Steel 628.65 (-7.67%)
Kotak Mah. Bank 1964.30 (-3.48%)
Larsen & Toubro 1778.15 (-3.88%)
M & M 853.75 (-4.20%)
Maruti Suzuki 7170.50 (-5.31%)
Nestle India 19222.25 (0.23%)
NTPC 128.85 (-4.70%)
O N G C 147.10 (-5.16%)
Power Grid Corpn 202.00 (-1.10%)
Reliance Industr 2412.60 (-3.22%)
SBI Life Insuran 1130.35 (-2.51%)
Shree Cement 25945.80 (-2.72%)
St Bk of India 470.50 (-4.09%)
Sun Pharma.Inds. 767.30 (-1.99%)
Tata Consumer 766.70 (-5.09%)
Tata Motors 460.20 (-6.61%)
Tata Steel 1112.30 (-5.23%)
TCS 3446.85 (0.03%)
Tech Mahindra 1527.40 (-2.05%)
Titan Company 2292.30 (-4.40%)
UltraTech Cem. 7394.75 (-2.81%)
UPL 703.80 (-3.23%)
Wipro 621.45 (-2.40%)

List of Upcoming IPOs in November 2021

List of Upcoming IPOs in November 2021
by 5paisa Research Team 08/11/2021

In the first 10 months of year 2021, a total of 51 IPOs hit the market. These IPOs raised more than Rs.90,000 crore; and we are including the 2 non-equity IPOs of Brookefield REIT and the PowerGrid INVIT. With 2 months to go, Indian IPO collection shave already crossed the record collections of 2017 and this surely promises to be the best IPO year ever.
 

How IPOs are likely to pan out in November 2021?


November 2021 started with a bang and is likely to be a busy month for IPOs. While actual IPO announcements will be coming, early indications from investment bankers, indicate the following IPOs hit the market in November 2021 or likely to hit. The IPO list is sector-wise.
 

Upcoming IPOs in November 2021
 

Company Name

IPO Size (Estimated)

IPO Month

PHARMACEUTICALS

Emcure Pharmaceuticals

Rs.4,500 crore

Nov-21

Skanray Technologies

Rs.400 crore + OFS

Nov-21

DIGITAL PLAYS

One97 Communications (Paytm)

Rs.18,300 crore

Nov-21 (08-Nov)

PB Fintech (Policybazaar)

Rs.5,625 crore

Nov-21 (01-Nov)

MobiKwik

Rs.1,900 crore

Nov-21

Ixigo

Rs.1,600 crore

Nov-21

RateGain Travel Technologies

Rs.1,200 crore

Nov-21

FINANCIAL SERVICES

Star Health And Allied Insurance Co. Ltd.

Rs.3000 crore

Nov-21

Arohan Financials

Rs.1,800 crore

Nov-21

Northern Arc Capital

Rs.1,800 crore

Nov-21

Utkarsh Small Finance Bank

Rs.1,350 crore

Nov-21

Fincare Small Finance Bank

Rs.1,330 crore

Nov-21

ESAF Small Finance Bank Ltd

Rs.998 crore

Nov-21

INFRASTRUCTURE PLAYS

Penna Cement

Rs.1,550 crore

Nov-21

Sterlite Power Transmission

Rs.1,250 crore

Nov-21

Paradeep Phosphates

Rs.1,255 crore + 12 cr shares OFS

Nov-21

Shri Bajrang Power And Ispat

Rs.700 crore

Nov-21

OTHERS

Adani Wilmar

Rs.4,500 crore

Nov-21

Sapphire Foods

Rs.2,073 crore

Nov-21 (09-Nov)

CMS Info Systems

Rs.2,000 crore

Nov-21

Keventer Agro

Rs.800 crore

Nov-21

Shriram Properties

Rs.800 crore

Nov-21

Seven Islands Shipping

Rs.600 crore

Nov-21

Latent View Analytics

Rs.600 crore

Nov-21 (10-Nov)

SJS Enterprises

Rs.600 crore

Nov-21 (01-Nov)

Studds Accessories Limited

Rs.450 crore

Nov-21

Sigachi Industries

Rs.125 crore

Nov-21 (01-Nov)

 

(Note: In last column, dates in brackets denote IPO opening date)

While the LIC IPO may still be some time away, November promises to be a busy month for IPOs and if the IPO of Paytm attracts strong subscription, one can expect a spate of digital IPOs front-ending their IPO plans. Here is a quick take on the IPO stocks.

Emcure Pharmaceuticals

The Rs.4,500 crore IPO will comprise of a fresh issue of Rs.1,100 crore and an offer for sale of Rs.3,400 crore. The company focuses on generics and active pharma ingredients and will use the fresh issue component to repay debt.

Skanray Technologies

The IPO of Skanray Technologies will comprise of a fresh issue of Rs.400 crore and an offer for sale of 141.06 lakh shares with price to be decided. The company focuses on the Indian medical devices market and designs, develops and manufactures medical devices.

One-97 Communications (Paytm)

The Paytm IPO of Rs.18,300 crore will comprise of a fresh issue of Rs.8,300 crore and an offer for sale of Rs.10,000 crore and is open from 08-Nov to 10-Nov. The company operates the Paytm payment platform and gateway and has over 33 crore customers and 2.2 crore merchants.

PB Fintech (Policybazaar & Paisabazaar)

The PB Fintech IPO of Rs.5,625 crore comprising of fresh issue of Rs.3,750 crore and offer for sale of Rs.1,875 crore opened on 01-Nov and closed on -3-Nov and was subscribed 16.6 times. PB Fintech runs the popular portals Policybazaar and Paisabazaar.

MobiKwik

The Rs.1,900 crore IPO will comprise of a fresh issue of Rs.1,500 crore and an offer for sale of Rs.400 crore. The company will use the fresh funds to spruce up its digital wallet and expand its franchise of merchants and customers.

Ixigo

The Rs.1,600 crore IPO will comprise of a fresh issue of Rs.850 crore and an offer for sale of Rs.750 crore. It is one of the few artificial intelligence based platforms for booking flights, trains and hotels and has been around for over 14 years now.

Rategain Travel Technologies

The Rs.1,200 crore IPO will comprise of a fresh issue of Rs.400 crore and an offer for sale of Rs.800 crore. It services marquee clients with data centres based on AI. Rategain is a subsidiary of Rategain UK and will use the funds to repay debt and deleverage.

Star Health Insurance

The Rs.3,000 crore IPO will comprise of a fresh issue of Rs.2,000 crore and an offer for sale of Rs.1,000 crore. Star Health is a leading health insurance provider and is backed by marquee investors like Rakesh Jhunjhunwala and Westbridge Capital.

Arohan Financials

The Rs.1,800 crore IPO will comprise of a fresh issue of Rs.950 crore and an offer for sale of Rs.850 crore. Arohan is an NBFC and is also into microfinance serving the unpenetrated segments of the market. The IPO will help boost its capital adequacy.

Northern Arc Capital

The Rs.1,800 crore IPO will comprise of a fresh issue of Rs.300 crore and an offer for sale of Rs.1,500 crore. Northern Arc is also an NBFC and will look at the fund raising to boost its capital adequacy and expand lendable resources.

Utkarsh Small Finance Bank

The Rs.1,350 crore IPO will comprise of a fresh issue of Rs.700 crore and an offer for sale of Rs.650 crore. The company is an SFB based out of Varanasi and is very strong in Uttar Pradesh, Uttarakhand and Bihar belt. IPO will be used to boost capital adequacy.

Fincare Small Finance Bank

The Rs.1,330 crore IPO will comprise of a fresh issue of Rs.1,330 crore and an offer for sale of Rs.1,000 crore. The small finance bank will use the proceeds of the fresh issue component to augment its tier-1 capital and improve its lendable resources.

Penna Cement

The Rs.1,550 crore IPO will comprise of a fresh issue of Rs.1,300 crore and an offer for sale of Rs.250 crore. This is the second attempt of this Hyderabad based cement company and will be used to reduce debt and for expansion.

Sterlite Power Transmission

The Rs.1,250 crore IPO will comprise of a fresh issue and is part of the Vedanta group. Sterlite Power owns and manages power transmission assets and these are spread across India and Brazil.

Paradeep Phosphates

The IPO of Paradeep Phosphates will comprise of a fresh issue of Rs.1,255 crore and an offer for sale of 12 crore shares by existing shareholders. Paradeep, based out of Odisha, is into the manufacture of phosphatic fertilizers.

Adani WIlmar

The Rs.4,500 crore IPO will comprise entirely of a fresh issue of Rs.4,500 crore. It is a joint venture between Adani group and Wilmar of Singapore and offers the total food chain solutions from farm to fork. Their Fortune brand is quite popular.

CMS Info Systems

The Rs.2,000 crore IPO will comprise predominantly of an OFS as its 100% owner Sion Investments will look to monetize part of the holdings. CMS is into cash management services and predominantly into ATM management services.

Keventer Agro

The Rs.800 crore IPO will comprise predominantly of an OFS of Rs.425 crore and a fresh issue of Rs.375 crore. Keventer has presence in the packaged food, dairy products and fresh food products vertical. It franchises Frooti, Appy, Bailey and Appy Fizz from Parle Agro.

Also Read:-

List of Upcoming IPOs in 2021

Open Demat Account

Enter First Name & Last Name
Enter Mobile Number
Enter correct otp
Please enter referal code
Start investing in just 5 mins
Free Demat account, No conditions apply
  • 0%* Brokerage
  • Flat ₹20 per order
Next Article

Why Stock SIP is a must-have for DIY Investors?

Why Stock SIP is a must-have for DIY Investors?
by Sheetal Agarwal 08/11/2021

Systematic Investment Plans (SIPs) have been a tried and trusted investment method adopted by retail investors for many years. This mode, especially mutual fund SIPs has enabled many retail investors kick start their journey of investing in equities. While so far, SIP investments are largely done through the mutual fund route, investors, especially Do-It-Yourself (DIY) investors should extend this mode to equity SIPs (ESIPs) as well.

A quick glance at important numbers will shed light on the massive growth of SIPs in recent times.
Data from the Association of Mutual Funds in India (AMFI) suggests that new SIP account registrations increased to a record 2.68 million in September 2021.

On an annualized basis, the SIP book has grown 22.8% over the last five years, taking total assets under management of the funds linked to the SIP accounts to ₹5.44 lakh crore in September 2021.This is equivalent to 14.83% of the total industry AUM.

While ESIPs are relatively smaller, their growth has been rather impressive. Over the last couple of years, there has been a multifold jump in ESIP investments. This is partly an outcome of growing investor awareness about the benefits of regular investing.

News reports suggest that there has been a 35% annual increase in number of investors opting for stock SIPs over the past couple of years. Interestingly, amounts invested per month through ESIPs have grown at a faster pace of 75% over the same time frame.
 

How does an ESIP work?


Under this method, an investor can choose to invest a fixed amount in shares of one or more companies or buy a fixed number of shares at regular intervals. Much of the benefits provided by a mutual fund are available in an ESIP as well (see table). Investors can select the frequency (daily, weekly or monthly) and amount/number of shares.

For example, Mr. A can buy 10 shares each of Tata Power and SBI on the 5th of every month or every Monday of the week or even daily. He can do so by signing up for a stock SIP with his stock broker.

Brokerages enable such investments by:

a) Sharing ideas/research on good quality stocks.
b) Sending reminder text messages/emails a day before ESIP due date.
c) Not charging any additional costs for the above services.

But, brokerage charges apply when an investor purchases shares.

Mutual Fund SIP versus ESIP

There is not much difference between the two, and both save investors the hassle of timing the market – which more often than not is the domain of investment experts. Such SIPs facilitate disciplined investments and more importantly, help investors build large corpus from relatively smaller sized investments. The table below summarizes key features of mutual fund SIP and ESIPs.
 

Particulars

Mutual Fund SIP

Stock SIP

Protection against market volatility/unpredictable stock price movement

Yes

Yes

Benefit from rupee cost averaging

Yes

Yes

Need to time the market

No

No

Investor can select the stocks to invest in

No

Yes

Invest small amounts

Yes

Yes

Low cost of transaction

Yes

Yes

Invest in large-cap, mid-cap and micro-cap stocks

Not always

Yes

Lower concentration risk

Yes

Not always

 

One key difference between mutual fund SIPs and ESIPs is that in ESIPs investors themselves identify the stocks they want to purchase. This usually entails undertaking research, adequate due diligence and deep dive into the company’s business – something that DIY investors do anyways.

They can also rely on research-backed investment advice provided by their brokerage. If the stock picks are right, compounding can work wonders in long term wealth creation. For example, a weekly ESIP of ₹9,000 in Bajaj Finance for the last 5 years would have created wealth of over ₹1 crore today (~50% return p.a.)
 

Advantages of investing via ESIP


ESIP is gaining popularity among investors due to the following benefits:

a) Low cost compared to mutual funds since there are no management fees
b) You get to choose the stocks you want to invest in
c) Invest in the sector or stock as per your risk appetite and confidence
d) Benefit from the power of compounding of sector leaders
e) Choice of diversified low cost investing like Exchange Traded Funds (ETFs) also available.
 

Strategies to follow while investing via ESIP


ESIP essentially is a ‘buy and hold’ strategy, and not a ‘buy and forget’ one. Investors have to carefully identify good quality stocks across different sectors and market capitalization. Follow basic rules of equity investing such as:

a) Avoid capital-intensive/high-debt companies
b) Select companies having strong, sustainable economic moat
c) Stay away from complex and/or cyclical businesses
d) Manage your entry and exit by taking advice of experts
e) Monitor and review the stocks regularly

ESIP + ETF

ETFs have now become the largest category in terms of assets under management and rightly so, due to the low-cost, diversified and non-biased nature of investments. Hence ESIP in ETFs is a very potent tool for investors today. With new indices being created and new ETFs being launched, investors can do ESIP in the index of their choice based on their risk appetite and investment horizon. For beginners, they can try with broad based indices like Nifty.
 

Investors can set up ESIP on 5paisa in 3 quick steps


1) Choose stock
2) Enter quantity and frequency
3) Set up

5paisa is the first discount broker in the country to offer ESIP product. Since launch in September 2021, ESIP has garnered overwhelming response so far with more than 500 fresh SIPs being registered every day on the 5Paisa platform. Till date about 30,000 SIPs have already been registered by about 5,000 investors and the numbers are growing every day.

It is true that ESIPs is a great way to safeguard investors from extreme volatility in markets as well as to create long term wealth. However, investors must still exercise caution to manage the risks effectively.

Open Demat Account

Enter First Name & Last Name
Enter Mobile Number
Enter correct otp
Please enter referal code
Start investing in just 5 mins
Free Demat account, No conditions apply
  • 0%* Brokerage
  • Flat ₹20 per order
Next Article

How to Check Allotment Status of Nykaa IPO

How to Check the Allotment Status of Nykaa IPO
by 5paisa Research Team 08/11/2021

The Rs.5,351.92 crore IPO of FSN E-Commerce Ventures (Nykaa), consisting of Rs.630 crore fresh issue and Rs4,721.92 crore OFS, was subscribed 81.78X overall at the close of bidding on 01 November. The basis of allotment will be finalized on 08-November and the stock will list for trading on 11-November. If you have applied for the Nykaa IPO, you can check your allotment status online.

You can either check your allotment status on the BSE website or the IPO registrar, Link Intime. Here are the steps.
 

Checking the allotment status of Nykaa on BSE website


Visit the BSE link for the IPO allotment by clicking on the link below

https://www.bseindia.com/investors/appli_check.aspx

Once you reach the page, here are the steps to follow.

I) Under Issue Type – Select Equity Option.

II) Under Issue Name – Select FSN E-Commerce Ventures from the drop down box.

III) Enter the Application Number exactly as in the acknowledge slip.

IV) Enter the PAN (10-digit alphanumeric) number.

V) Once this is done, you need to click on the Captcha to verity that you are not a robot.

VI) Finally click on the Search Button.

The allotment status will be displayed on the screen in front of you informing about the number of shares of FSN E-Commerce Ventures allotted to you.
 

Check - Nykaa IPO - 7 Things to know About
 

Checking the allotment status of Nykaa on Link Intime (IPO Registrar)


Visit the Link Intime registrar website for IPO status by clicking on the link below:

https://linkintime.co.in/MIPO/Ipoallotment.html

This dropdown will only show the active IPOs, so once the allotment status is finalized, you can select FSN E-Commerce Ventures from the drop down box.

I) There are 3 options. You can either access the allotment status based on PAN, Application Number or DPID-Client ID combination.

II) Select the appropriate option you want to use and enter the details (PAN / Application Number / DPID-Client ID)

III) Finally, click on the Search button

The IPO status with number of shares of FSN E-Commerce Ventures (Nykaa) allotted will be displayed on the screen.

Also Read:-

List of Upcoming IPOs in November 2021

List of Upcoming IPOs in 2021

Open Demat Account

Enter First Name & Last Name
Enter Mobile Number
Enter correct otp
Please enter referal code
Start investing in just 5 mins
Free Demat account, No conditions apply
  • 0%* Brokerage
  • Flat ₹20 per order
Next Article

Sapphire Foods IPO - Information Note

Sapphire Foods IPO - Information Note
by 5paisa Research Team 08/11/2021

Sapphire Foods India Ltd, the largest franchisee of YUM Brands in the Indian sub-continent, will come out with an IPO of Rs.2,073.25 crore. The issue will open for subscription on 09-November and close on 11-November. The entire issue will be an offer-for-sale (OFS) so there will be no fresh funds coming into the company nor any equity dilution. Sapphire Foods is expected to have an indicative market cap of Rs.7,498 crore.

As of June 2021, Sapphire Foods owns and operates 209 KFC restaurants in India and Maldives, 239 Pizza Hut outlets across India, Maldives and Sri Lanka as well as 2 Taco Bell outlets in Sri Lanka. All 3 are globally leading QSR brands with combined annual revenues of $50 billion between them.

In the last 2 years, Sapphire has grown its number of QSR outlets from 376 to 450 and has over 7,000 employees on its rolls.
 

Key terms of the IPO issue of Sapphire Foods India Ltd
 

Key IPO Details

Particulars

Key IPO Dates

Particulars

Nature of issue

Book Building

Issue Opens on

09-Nov-2021

Face value of share

Rs.10 per share

Issue Closes on

11-Nov-2021

IPO Price Band

Rs.1,120 - Rs.1,180

Basis of Allotment date

16-Nov-2021

Market Lot

12 shares

Refund Initiation date

17-Nov-2021

Retail Investment limit

14 Lots (168 shares)

Credit to Demat

18-Nov-2021

Retail limit - Value

Rs.198,240

IPO Listing date

22-Nov-2021

Fresh Issue Size

Nil

Pre issue promoter stake

60.08%

Offer for Sale Size

Rs.2,073.25 crore

Post issue promoters

49.97%

Total IPO Size

Rs.2,073.25 crore

Indicative valuation

Rs.7,498 crore

Listing on

BSE, NSE

HNI Quota

15%

QIB Quota

75%

Retail Quota

10%

 

Data Source: IPO Filings
 

Here are some of the key merits of the Sapphire Foods India Ltd business model


I) Sapphire is the largest YUM Brands franchisee in Indian sub-continent and has a strong spread across India, Sri Lanka and Maldives.

II) QSR has been a fast growing business and with home delivery picking up in a big way during the pandemic, the future outlook is very bright.

III) Sapphire has non-exclusive rights to operate KFC, Pizza Hut and Taco Bell brands, with reach and ability to offer a palate to the young and mobile crowds.

IV) While the company is still making losses due to front-ending of expansion and promotion costs, its EBITDA margins are healthy in the range of 16-18%.

V) Sapphire has a very comfortable debt/equity ratio of 0.16, which makes the company less vulnerable to financial and business cycles.
 

Check - Sapphire Foods India IPO - 7 Things to Know
 

How is the Sapphire Foods IPO structured?


The Sapphire Foods IPO will be a total offer for sale where the promoters and some of the early investors will be diluting their stake through the issue. Here is a gist of the IPO offer.

A) The OFS component will comprise the issue of 1,75,69,941 shares and at the peak price band of Rs.1,180, the OFS value works out to Rs.2,073.25 crore. There is no fresh issue component in this IPO.

B) Out of the total OFS of 175.70 lakh shares, promoters will sell 64.19 lakh shares. Among other early investors; WWD Ruby will offer 48.47 lakh shares, Amethyst will offer 39.62 lakh shares while Edelweiss (across 2 funds) will offer 22.62 lakh shares.

The promoter holdings will get diluted post-OFS from 60.08% to 49.97%. Post the IPO, public shareholder will go up from 39.92% to 50.03%.
 

Key Financial parameters of Sapphire Foods
 

Financial Parameters

Fiscal 2020-21

Fiscal 2019-20

Fiscal 2018-19

Sales Revenues

Rs.1,019.62 cr

Rs.1,340.41 cr

Rs.1,193.82 cr

EBITDA

Rs.178.74 cr

Rs.185.60 cr

Rs.148.68 cr

Net Profit / (Loss)

Rs.(99.90) cr

Rs.(159.25) cr

Rs.(69.40) cr

Net Worth

Rs.444.29 cr

Rs.488.86 cr

Rs.365.97 cr

EBITDA Margins

17.53%

13.85%

12.45%

Debt Equity Ratio

0.16X

0.14X

0.24X

 

Data Source: Company RHP

There are 3 inferences from the financials of Sapphire Foods. Firstly, while the company has been making net losses, the EBITDA margins have been steadily improving over the last 2 years. Secondly, the debt equity ratio is extremely low at 0.16X and that gives the company the opportunity to grow rapidly without impacting its business solvency. 

Lastly, in the QSR business the profits begin to grow when same-store sales pick up rapidly and the share of home deliveries picks up. Sapphire has been seeing a positive trend on  both these counts.
 

Investment Perspective for Sapphire Foods India Ltd


Being an OFS, the Sapphire Foods IPO will not dilute equity.

a) Since the company is currently making loses, it can be seen as a bet on the fast growing QSR business in India, as well as anticipated revenge-buying.

b) The product portfolio in all 3 QSR brands are tweaked to have an offering for every possible time of the day, thus ensuring round the clock demand.

c) Offers the perfect omnichannel experience comprising of take-away, dine-in, own delivery and aggregated delivery (via Zomato, Swiggy etc).

d)  Standardized operating processes, quality levels and customer experience across all outlets based on global set standard allows easy scalability.

If you look at the peer group, Sapphire Foods and Devyani have among the highest Restaurant EBITDA as percent of sales. Competition in the QSR space may be heating up, but there is enough space for linear growth. That is what investors must focus on.

Also Read:

Upcoming IPOs in 2021

Latent View Analytics Ltd

Open Demat Account

Enter First Name & Last Name
Enter Mobile Number
Enter correct otp
Please enter referal code
Start investing in just 5 mins
Free Demat account, No conditions apply
  • 0%* Brokerage
  • Flat ₹20 per order
Next Article

How to Check the Allotment Status of SJS Enterprises IPO

How to Check the Allotment Status of SJS Enterprises IPO
by 5paisa Research Team 08/11/2021

The Rs.800 crore IPO of SJS Enterprises, consisting entirely of Rs800 crore offer for sale (OFS), was subscribed 1.59X overall at the close of bidding on 03 November. The basis of allotment will be finalized on 10 November and the stock will be listed on 15-November. If you have applied for the SJS Enterprises IPO, you can check your allotment status online.

You can either check your allotment status on the BSE website or the IPO registrar, Link Intime. Here are the steps.

Checking the allotment status of SJS Enterprises on BSE website

Visit the BSE link for the IPO allotment by clicking on the link below

https://www.bseindia.com/investors/appli_check.aspx 

Once you reach the page, here are the steps to follow.

1) Under Issue Type – Select Equity Option

2) Under Issue Name – Select SJS Enterprises from the drop down box

3) Enter the Application Number exactly as in the acknowledge slip

4) Enter the PAN (10-digit alphanumeric) number

5) Once this is done, you need to click on the Captcha to verity that you are not a robot

6) Finally click on the Search Button

The allotment status will be displayed on the screen in front of you informing about the number of shares of SJS Enterprises allotted to you.

Checking the allotment status of SJS Enterprises on Link Intime (Registrar to IPO)

Visit the Link Intime registrar website for IPO status by clicking on the link below:

https://linkintime.co.in/MIPO/Ipoallotment.html

This dropdown will only show the active IPOs, so once the allotment status is finalized, you can select SJS Enterprises from the drop down box.

A) There are 3 options. You can either access the allotment status based on PAN, Application Number or DPID-Client ID combination.

B) Select the appropriate option you want to use and enter the details (PAN / Application Number / DPID-Client ID)

C) Finally, click on the Search button.

The IPO status with number of shares of SJS Enterprises allotted will be displayed on the screen.

Also Read:-

Upcoming IPOs in November 2021

Upcoming IPOs in 2021

Open Demat Account

Enter First Name & Last Name
Enter Mobile Number
Enter correct otp
Please enter referal code
Start investing in just 5 mins
Free Demat account, No conditions apply
  • 0%* Brokerage
  • Flat ₹20 per order
Next Article

How to Check the Allotment Status of Policybazaar IPO

How to Check the Allotment Status of Policybazaar IPO
by 5paisa Research Team 08/11/2021

The Rs.5,625 crore IPO of PB Fintech (Policybazaar), consisting of Rs.3,750 crore fresh issue and Rs1,875 crore OFS, was subscribed 16.59X overall at the close of bidding on 03 November. The basis of allotment will be finalized on 10 November and the stock will be listed on 15-November. If you have applied for the Policybazaar IPO, you can check your allotment status online.

You can either check your allotment status on the BSE website or the IPO registrar, Link Intime. Here are the steps.

Checking the allotment status of PB Fintech (Policybazaar) on BSE website

Visit the BSE link for the IPO allotment by clicking on the link below https://www.bseindia.com/investors/appli_check.aspx 

Once you reach the page, here are the steps to follow.

1) Under Issue Type – Select Equity Option.
2) Under Issue Name – Select PB Fintech (Policybazaar) from the drop down box.
3) Enter the Application Number exactly as in the acknowledge slip.
4) Enter the PAN (10-digit alphanumeric) number.
5) Once this is done, you need to click on the Captcha to verity that you are not a robot.
6) Finally click on the Search Button.

The allotment status will be displayed on the screen in front of you informing about the number of shares of PB Fintech (Policybazaar) allotted to you.

Checking the allotment status of PB Fintech (Policybazaar) on Link Intime (IPO Registrar)

Visit the Link Intime registrar website for IPO status by clicking on the link below:
https://linkintime.co.in/MIPO/Ipoallotment.html

This dropdown will only show the active IPOs, so once the allotment status is finalized, you can select PB Fintech (Policybazaar) from the drop down box.

A) There are 3 options. You can either access the allotment status based on PAN, Application Number or DPID-Client ID combination.

B) Select the appropriate option you want to use and enter the details (PAN / Application Number / DPID-Client ID)

C) Finally, click on the Search button.
 

The IPO status with number of shares of PB Fintech (Policybazaar) allotted will be displayed on the screen.

Also Read:-

Upcoming IPOs in November 2021

Upcoming IPOs in 2021

Open Demat Account

Enter First Name & Last Name
Enter Mobile Number
Enter correct otp
Please enter referal code
Start investing in just 5 mins
Free Demat account, No conditions apply
  • 0%* Brokerage
  • Flat ₹20 per order