Investors who bid for the LEAP India IPO are likely to know their allotment status today as the Rs 2,480-crore issue moves towards finalisation of the basis of allotment. Applicants can check their status online via the registrar’s website or the NSE portal. Meanwhile, the IPO continues to command a strong buzz in the grey market, with its GMP currently indicating a premium of around 8.8%.
The LEAP India IPO received a strong response on the final day of bidding on Tuesday as the issue was subscribed 8.38 times, with 11.49 crore shares on offer. The retail portion was subscribed 1.71 times, against 5.74 crore shares reserved for retail investors.