GPT Healthcare IPO allotment to be finalised soon; here's how to check allotment status of your shares

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GPT Healthcare IPO allotment: After receiving a decent response from investors during the bidding period from February 22 to February 26, attention now turns to the allotment of GPT Healthcare. The allotment for the GPT Healthcare IPO is likely to be finalised today. Investors can check their allotment status on the registrar, Link Intime India Private Limited and the BSE website.

Given the oversubscription in the retail category, the allocation of shares to Retail Individual Investors (RII) will be done on a proportionate basis. For those investors who don't receive an allotment, GPT Healthcare will initiate the refund process of the application money on February 28, 2024. Also Read: Exicom Tele Systems IPO opens today: GMP, review, other details.

Buy or not? Concurrently, investors who were allotted shares will see them credited to their demat accounts on the same day following the refund. GPT Healthcare is a Main Board IPO, and its shares are set to be listed on both the BSE and NSE, with the tentative listing date being February 29, 2024. Step 1: Visit the Link Intime India website by clicking this link: https://linkintime.co.in/initial_offer/public-issues.html Step 2: Choose the IPO in the dropbox that will only have its name set if the allocation is completed.

Step 3: In the ‘Selection Type’ dropdown, choose between either the application number, beneficiary ID, or PAN ID. Step 4: Choose between ASBA and non-ASBA under the application type. Step 5: Include the information for the mode you choose.