The Kalyan Jewellers IPO is opening on March 16th, 2021 and will close on March 18th, 2021. The price band for bidding has been kept between Rs 86-87 per equity share with a minimum lot size of 172 shares.
The IPO allotment status will be finalised on March 23.
There are two 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 Kalyan Jewellers 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.
Steps to check Kalyan Jewellers IPO Share Allotment Status on Registrar website Linkintime :
Step 1 – Go to link – https://www.bseindia.com/investors/appli_check.aspx
Step 2 – Select Equity
Step 3 – Select Issue Name (Kalyan Jewellers)
Step 4- Enter Application Number as well as PAN
Step 5 – Click on the search button to know the Kalyan Jewellers IPO Share Allotment Subscription Status
How do I know if I have received Kalyan Jewellers Allotment or not?
We have discussed the steps to know about Kalyan Jewellers allotment.
What happens to the IPO amount in my bank account?
After applying for an IPO, the required amount is blocked for use from your account. Hence the money is still showing in your balance but is blocked for use.
How are the Kalyan Jewellers shares being allotted?
If Kalyan Jewellers 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.
Will my money come back if I don’t get Kalyan Jewellers IPO allotment?
If you don’t get the allotment in Kalyan Jewellers IPO, the amount will be unblocked, and you will be able to use the amount in your bank account.
When will Kalyan Jewellers IPO get listed?
Kalyan Jewellers shares will get listed on BSE and NSE on March 26, 2021.(TENTATIVE)