India Pesticides IPO: How to check IPO allotment status?

Agrochemical manufacturing company India Pesticides Limited launched its Initial Public Offering on 23 June 2021. Through India Pesticides IPO, the company aimed to obtain a sum of Rs. 800 crores, which it intends to use for:

• General corporate purposes.
• Fulfil working capital requirements.

On 30 June 2021, India Pesticides published its basis of allotment.

If you have subscribed to its IPO, go over the following section to know how to check your allotment status.

Ways to check IPO allotment status

Via Angel One website

You can check IPO allotment status on the Angel One portal by following these steps:

Step 1: Log in to your account and access the menu bar.

Step 2: After opening the menu, click on Investment opportunities and open the IPO section.

Step 3: Next up, click on the Order book and check your allotment status.

Here, you will be able to view your share allotment status marked as allotted, partially-allotted, or no allotment.

• Allottedindicates you have been approved full allotment.
• Partially allotted indicates a lesser number of shares allocated to you than what you had applied for.
• And, no allotmentde notes that there is no approval for share allotment yet.

Furthermore, there are other ways to check your India Pesticides IPO allotment status. Find them below.

Via BSE’s portal

Step 1: Visit the official BSE website and click on Equity on its homepage. From the dropdown, select India Pesticides.

Step 2: After entering the required details, proceed with searching.

After clicking on Search, necessary details about the number of shares subscribed and allotted to you can be seen.

Via Registrar’s website

Step 1: Visit KFIN technologies official website

Step 2: Select IPO name from the dropdown menu on the homepage

Step 3: Next up, enter PAN or DP ID or the application number

Step 4: Select application type and key in the application number

Step 5: Submit the details after entering the captcha

Parting words

Those allotted India Pesticides shares are set to receive those in their Demat account by 2 July 2021. Moreover, India Pesticides IPO will hit the secondary market on 5 July 2021.

Since the country is experiencing substantial growth for agrochemicals, the company is all set to achieve significant milestones.  Plus, it has shown considerable growth despite the pandemic. So, the India Pesticides IPO can be a valuable play for both the short and long term.

Frequently asked questions

1. What was the India Pesticides issue type?

It was a book-built issue IPO.

2. Can I trade India Pesticides shares now?

You can start trading them from 5 July 2021.

3. Where will the India Pesticides IPO be listed?

The company’s IPO will be listed on both National Stock Exchange and Bombay Stock Exchange.