Maxposure IPO Allotment Out; Here's How To Check Allotment Status

The SME IPO of Maxposure Limited concluded on December 17 with a remarkable overall subscription of 987.47 times. On the last day of subscription, Qualified Institutions subscribed 162.35 times, while non-institutional buyers subscribed 1947.55 times and retail investors subscribed 1034.23 times - as per the data available on Chittorgarh.com.

The IPO, which opened on December 15, is a book-built issue of Rs 20.26 crore. The issue is entirely a fresh issue of 61.4 lakh shares. The price band for the issue is set at Rs 31–33 per share.

The allotment of shares for Maxposure Limited has now been finalised, here are the details that investors should be aware of when it comes to the allotment of shares of Maxposure Limited.

Investors can check the allotment status of Maxposure IPO on the official website of the registrar, Bigshare Services Pvt Ltd.

• Visit the official website of Bigshare Services Pvt Ltd here: https://www.bigshareonline.com/ipo_Allotment.html

• Select any one server to check your IPO Allotment Status.

• Choose "Maxposure Limited" from the list of companies.

• In the 'Selection Type' dropdown, choose either Application number, Beneficiary ID, or PAN number.

• Enter the required information, which could be your application number, PAN (Permanent Account Number), or Beneficiary ID.

• Complete the 'captcha' to verify that you are not a robot.

• Finally, click the "Search" button to check your allotment status.

The initiation of refunds for investors who missed out on the allocation of shares will be processed on Friday, January 19.

Maxposure IPO will list on NSE SME on Monday, January 22, 2024.

• IPO Open Date: Monday, January 15

• IPO Close Date: Wednesday, January 17

• Basis of Allotment: Thursday, January 18

• Initiation of Refunds: Friday, January 19

• Credit of Shares to Demat: Friday, January 19

• Stock Listing Date: Monday, January 22