Magenta Lifecare IPO share allotment to be finalised today: How to check status? A step-by-step guide

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Magenta Lifecare IPO Allotment Update: After receiving a robust response from investors during the bidding period from June 5 to June 7, attention now turns to the allotment procedure for Magenta Lifecare.The allotment for the Magenta Lifecare IPO is expected to be finalised today. Investors can monitor their allotment status through the registrar, Cameo Corporate Services, or the BSE website.With oversubscription in the retail category, shares will be allocated to retail individual investors (RIIs) on a proportional basis.

For those who do not receive an allotment, Magenta Lifecare will commence the refund process for the application money on June 11, 2024.Also Read: Kronox Lab Sciences share price lists at ₹165, a 21% premium to IPO priceConcurrently, allotted shares will be credited to investors' demat accounts on the same day following the refund process. Magenta Lifecare is an SME IPO, with shares slated to be listed on the BSE SME platform, tentatively scheduled for June 12, 2024.If you have applied for the Magenta Lifecare IPO, you can check your allotment status on the website of the IPO registrar, Cameo Corporate Services.

You can check the Magenta Lifecare IPO allotment status at this link: https://ipo.cameoindia.com/Step 1: Go to the registrar's website.Step 2: Click on ‘Company Selection’ and then select the IPO name.Step 03: Now, enter your PAN, application number, DP, client ID, or account number (IFSC).Step 04 Click on ‘Search’.Also Read: Ixigo IPO opens today: Check GMP, key dates. Should you subscribe or not?Step 1: Visit the allotment page on BSE's official website: https://www.bseindia.com/investors/appli_check.aspxStep 2: Under ‘Issue Type’, select ‘Equity’Step 3: Choose the IPO from the drop-down