InvestorQ : How do I check the allotment status of Tracxn Technologies and can I check it right away?
Arti Chavan made post

How do I check the allotment status of Tracxn Technologies and can I check it right away?

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Rutuja Nigam answered.
1 month ago
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Tracxn Technologies was a Rs309.38 crore IPO comprising entirely of an offer for sale (OFS) with no fresh issue component in the IPO. As per the details put out by BSE at the close of the IPO, the overall subscription was rather tepid at 2.01 times. The maximum interest came from the retail segment with limited interest from the QIB segment as well as the HNI / NII segment. Let me answer your second question first. You cannot access the allotment status till the allotment is finalized by the company. Here I will give you a detailed approach note on how you can go about checking the allotment status on the website.

Please remember first and foremost that the basis of allotment of the IPO of Tracxn Technologies will be finalized late on Monday, 17th October 2022. Normally, the online allotment status is made available for online access either late on 17th October or perhaps by the first half of the next day. You need to check online and we tell you how you can check the status online. Please note that once the allotment is finalized on 17th October, the demat credits would typically happen on 19th October 2022 while the listing of the stock of Tracxn Technologies on the NSE and the BSE would happen on 20th October 2022.

If you want to check the allotment status, you have 2 option, the first option is to check out the status on the BSE website. However, note that you can only check on BSE website after the status is uploaded by the registrar. The first step to access on BSE is to click on the link (https://www.bseindia.com/investors/appli_check.aspx) and then follow some basic steps. First, you must Select Equity Option and then select the specific IPO name in this case it is Tracxn Technologies Ltd from the drop down box. Then either enter the application number or the PAN number and click on the Captcha to verify that you are not a robot. Once you submit, you can get the allotment status on the screen in front of you.

The second option is to visit the registrar website, which is Link Intime. To directly go to the IPO allotment status on Link Intime, click (https://linkintime.co.in/MIPO/Ipoallotment.html) and you would be take to the next page. You can select Tracxn Technologies from the drop down box and you have 3 options. You can either check allotment status based on PAN, Application Number or DPID-Client ID combination. PAN and Application number are quite straightforward, so I will not explain. If you select DP-ID and Client ID combination, then you have to input the DP id and the demat client id together as one single string after selecting whether your DP is NSDL or CDSL. After the captcha, click on search to get allotment status.

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