Abans Holdings IPO: How to check the Allotment Status

Abans Holdings IPO worth Rs. 345.60 crore, consisted of Rs. 102.60 crore fresh issue and Rs. 243 crore offer for sale (OFS). The response was moderate and it was subscribed 1.10X overall at the close of bidding on 15th December 2022. The basis of allotment will be finalized on 20th December 2022, the refunds will be initiated on 21st December 2022, demat credits will be finalized on 22nd December 2022, while the stock of Abans Holdings will get listed on the NSE and the BSE on 23rd December 2022. If you have applied for the IPO, you can check your allotment status online.

You can either check your allotment status on the BSE website or the IPO registrar, Bigshare Services Private Limited. Here are the steps.

Checking the allotment status of Abans Holdings Ltd on BSE website

Visit the BSE link for the IPO allotment by clicking on the link below

https://www.bseindia.com/investors/appli_check.aspx

Once you reach the page, here are the steps to follow.

• Under Issue Type – Select Equity Option

• Under Issue Name – Select Abans Holdings Ltd from the drop down box

• Enter the Application Number exactly as in the acknowledgement slip

• Enter the PAN (10-digit alphanumeric) number

• Once this is done, you need to click on the Captcha to verify that you are not a robot

• Finally click on the Search Button

In the past, while checking the allotment status on the BSE website, it was necessary to input the PAN number and the application Number. However, now BSE has modified the requirements and it is sufficient if you enter any one of these parameters.

The allotment status will be displayed on the screen in front of you informing about the number of shares of Abans Holdings Ltd allotted into your demat account. It is suggested that you take a screenshot of this output page and store for future reference.

Checking the allotment status of Abans Holdings Ltd on the website of Bigshare Services (Registrar to IPO)

Visit the Bigshare Services registrar website for IPO status by clicking on the link below:

https://ipo1.bigshareonline.com/IPO_Status.html

This dropdown will only show the active IPOs, so once the allotment status is finalized, you can select Abans Holdings Ltd from the drop down box. Once the company is selected from the dropdown box, you have 3 methods to access the allotment status.

• Firstly, you can access with Application Number / CAF Number. Enter the Application / CAF number and then click on Search Button.
   

• Secondly, you can search by Beneficiary ID. From the dropdown box, select the depository name i.e. NSDL or CDSL. In the case of NSDL, enter the DP id and Client id in separate boxes as provided. In case of CDSL, just enter the CDSL client number. After that you can click the Search Button in both cases.
   

• Thirdly, you can also search by Income Tax PAN number. Once you select PAN from the dropdown menu, enter your 10-digit PAN number, which is an alphanumeric code. Once you enter the PAN, click on the Search Button.

The IPO status with number of shares of Abans Holdings Ltd allotted will be displayed on the screen. You can save a screenshot of the screen for future reference.