Three IPO Allotments Today: Hero Motors, SS Retail And Jindal Supreme Status Check Details

Investors in three recently concluded IPOs will get clarity on their share allocation on today, September 21, with Hero Motors, SS Retail and Jindal Supreme entering the allotment stage.

The three issues drew sharply different levels of demand. Jindal Supreme emerged as the most heavily subscribed, with demand exceeding the shares on offer by more than 181 times. SS Retail was subscribed 71.33 times, while Hero Motors received bids for 6.66 times the shares offered.

The companies had opened their IPOs for subscription earlier this month, with bidding ending on September 18. The next steps are refunds and share credit on September 22, followed by the scheduled stock market debut of all three companies on September 23.

Here is how investors can check the allotment status for each IPO.

Hero Motors IPO Allotment Status: How To Check

The Hero Motors IPO allotment is scheduled to be finalised on September 21. KFin Technologies is the registrar for the issue.

Investors can check their Hero Motors IPO allotment status on the KFin Technologies website by selecting the relevant issue and entering their PAN or application details.

The status can also be checked through the BSE and NSE IPO application-status facilities.

The ₹1,000 crore Hero Motors IPO was offered at ₹79-84 per share. The issue received 6.66 times subscription by the close of bidding.

Hero Motors IPO allotment timeline

• Allotment: September 21

• Refunds: September 22

• Shares credited to demat accounts: September 22

• Listing: September 23

SS Retail IPO Allotment Status: How To Check

SS Retail IPO investors can check their allotment status through KFin Technologies, which is the registrar for the issue. The status can also be checked through the BSE and NSE websites.

On the KFin Technologies portal, investors need to select the SS Retail IPO and enter the required PAN or application details to view the status.

The ₹500 crore issue was priced at ₹403-424 per share and closed with strong demand across investor categories.

SS Retail IPO allotment timeline

• Allotment: September 21

• Refunds: September 22

• Shares credited to demat accounts: September 22

• Listing: September 23

Jindal Supreme IPO Allotment Status: How To Check

Jindal Supreme IPO investors can check their allotment through Bigshare Services, the registrar handling the issue. The status can also be checked through BSE and NSE.

Investors checking through Bigshare need to select the Jindal Supreme issue and enter their PAN or other required application details to see the allotment result.

The ₹124.88 crore IPO was offered in the ₹88-93 price band. The issue saw very high demand during the three-day bidding period, with the overall subscription crossing 180 times according to the latest reported exchange data.

Jindal Supreme IPO allotment timeline

• Allotment: September 21

• Refunds: September 22

• Shares credited to demat accounts: September 22

• Listing: September 23

For investors who do not receive an allotment, the blocked application amount is expected to be released as part of the refund process. Successful applicants should see the shares credited to their demat accounts before the scheduled September 23 listing.

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