EaseMyTrip IPO was open for subscription between March 8 and 10, 2021. The price band was kept at Rs 186 to Rs 187 with a minimum lot of 80 shares.
There are three primary ways to check the status:
Once the allotment status is finalized, you can check your status on Groww, if you had applied for this IPO on our platform. Here are the steps:-
Step 1: Open the Groww App, scroll down the homepage to see the ‘IPOs’ section.
Step 2: Click on IPOs. On the next page click on the ‘Status’ tab next to the EaseMyTrip IPO (or any other IPO you had applied for). The status tab will not be visible if you have not applied for the IPO.
Step 3: If you have received the allotment in the IPO, ‘Allotted’ will be written next to your application number. Or else, the status will show as ‘Rejected’. It will show as ‘Approved’ till the allotment is finalized.
The registrar for the IPO is KFintech Private Limited and the shares are proposed to be listed on the BSE and NSE.
After you land on the website’s IPO status page, you will see a drop-down menu that says ‘Select Menu’.
You can also check the allotment status on the Bombay Stock Exchange’s
Step 1 – Go to link – https://www.bseindia.com/investors/appli_check.aspx
Step 2 – Select Equity
Step 3 – Select Issue Name (EaseMyTrip IPO)
Step 4- Enter Application Number as well as PAN
Step 5 – Click on search button to know the EaseMyTrip IPO Share Allotment Subscription Status
You can also check on NSE by doing a one-time registration
The steps have been explained above.
After applying for an IPO, the amount gets blocked for use from your account. Therefore, the money is still showing in your balance but is blocked for use.
If EaseMyTrip IPO is oversubscribed, the shares will be distributed proportionately among investors so that each investor gets a minimum of one lot. This is done on a lottery basis, so there cannot be a guarantee that you will get the shares. It is possible that few investors do not get any shares at all, in case of over-subscription.
If you don’t get the allotment in EaseMyTrip IPO, the amount will be unblocked, and you will be able to use the amount in your bank account.
EaseMyTrip shares will get listed on BSE and NSE on March 19, 2021.