How to check the allotment status of Electronic Mart India IPO

The Rs.500 crore Electronic Mart India Ltd IPO consisted entirely of a fresh issue of shares to the public. There was no offer for sale (OFS) component to the IPO. As of the close of the IPO on 07th October 2022, the IPO was subscribed 71.93X overall. The basis of allotment will be finalized on 12th October 2022. While the stock will be credited to the respective demat accounts on 14th October 2022 it would be listed on NSE and BSE on 17th October 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, KFINTECH Private Limited (formerly Karvy Computershare). Here are the steps.

Checking the allotment status of Electronic Mart India 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 Electronic Mart India Ltd from the drop down box
    • Enter the Application Number exactly as in the acknowledge slip
    • Enter the PAN (10-digit alphanumeric) number
    • Once this is done, you need to click on the Captcha to verity that you are not a robot
    • Finally click on the Search Button

Investors who have been using this BSE facility to check allotment status should not there is a change in querying. In the past, it was essential to input the application and the PAN number to query for the allotment status. Now, it is sufficient if you input any one of the variables (application number of PAN number) to query on the allotment status.

Once you complete your query with the Captcha Code, the allotment status will be displayed on the screen in front of you informing about the number of shares of Electronic Mart India Ltd IPO allotted to you.

Checking the allotment status of Electronic Mart India Ltd on KFINTECH (Registrar to IPO)

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

https://rti.kfintech.com/ipostatus/

The allotment querying interface of KFINTECH has been substantially improved, with the page made a lot simpler, more elegant and easier to understand. 

Once you click on Recent IPOs, the dropdown will only show the active IPOs, so once the allotment status is finalized, you can select Electronic Mart India Ltd from the drop down box.

On the KFINTECH website, there are 3 options for the investor. You can either Query the allotment status based on Income Tax Permanent Account Number (PAN), Application Number or DPID-Client ID combination (for both CDSL and for NSDL holders).

    • To Query by PAN, check the appropriate box and follow these steps.
        ◦ Enter the 10-digit PAN number
        ◦ Enter the 6-digit Captcha Code
        ◦ Click on Submit button
        ◦ Allotment status gets displayed on screen

    • To Query by Application Number, check the appropriate box and follow these steps.
        ◦ Select Application Type (ASBA or Non-ASBA)
        ◦ Enter the Application Number as it is
        ◦ Enter the 6-digit Captcha Code
        ◦ Click on Submit button
        ◦ Allotment Status gets displayed on screen

    • To Query by DP-ID, check the appropriate box and follow these steps.
        ◦ Select the depository (NSDL / CDSL)
        ◦ Enter the DP-ID
        ◦ Enter the Client-ID
        ◦ Enter the 6-digit Captcha Code
        ◦ Click on Submit button
        ◦ Allotment Status gets displayed on screen

An important point to note here. The Captcha Code can generally be a numeric code or an alphanumeric code. While entering captcha, it is essential to remember that alphanumeric captchas are case sensitive. Most captchas may come with some blurring. In such cases, you can opt for an alternate captcha which is clearer and more visible.