The allotment process for the Bharat Highways InvIT IPO has commenced today, Monday, March 4, and is underway. Investors who participated in the IPO can verify their allotment status through the registrar’s portal, Kfin Technologies Ltd. The IPO subscription window was open from Wednesday, February 28, to Friday, March 1, and witnessed a subscription status of 8.01 times on the final bidding day.
Investors can ascertain the number of shares allocated to them through the basis of allotment, which will also reflect in the IPO allotment status. Refunds will be initiated for applicants who were not allotted shares, while those who received allocations will have the shares credited to their demat accounts.
Refund processes for unsuccessful applicants will begin on Tuesday, March 5. Shares allotted will also be credited to demat accounts on the same day.
To check the Bharat Highways InvIT IPO allotment status online, investors can visit the website of the IPO registrar, Kfin Technologies Ltd, on Monday.
Steps to check the allotment status:
- Follow the provided link: Bharat Highways IPO Allotment Link -https://ris.kfintech.com/ipostatus/
- Choose Bharat Highways InvIT IPO from the dropdown menu in the select IPO section.
- Select one of the following options to check the status: Application No, Demat Account, or PAN.
- Enter the required details accordingly and submit.
Additionally, the grey market premium for Bharat Highways InvIT IPO is reported at +2, indicating that the shares are trading at a premium of ₹2 in the grey market, as per investorgain.com.
Disclaimer: The opinions and investment suggestions expressed by investment experts on LegalParivar.com are their own and do not represent those of the website or its management. LegalParivar.com advises users to consult certified experts before making any investment decisions.
