Suraksha Diagnostic IPO allotment: Step-by-step guide to check status

The 3-day bidding process for the initial public offering (IPO) of Suraksha Diagnostic Limited was completed on Tuesday and the allotment of shares for the public issue is expected to be completed on Wednesday.
Suraksha Diagnostic IPO saw a muted response from investors in its initial days of bidding but was booked fully on the last day.
The Suraksha Diagnostic IPO received an overall subscription of 1.27 times by the end of Day 3, December 3, 2024.
Breaking this down by investor categories, the retail segment saw a subscription of 0.94 times, indicating demand fell slightly short of the shares allocated for this group. Meanwhile, Qualified Institutional Buyers (QIBs) subscribed 1.74 times their allotted shares, showcasing strong interest from institutional investors. The Non-Institutional Investors (NIIs) category also demonstrated a decent response, with 1.40 times subscription.
Investors who have bid for Suraksha Diagnostic IPO can check their allotment status online. They can log in to either the BSE website or the website of Kfin Technologies Limited, the registrar for the issue.
If you’ve applied for the Suraksha Diagnostic Limited IPO, you can check your allotment status online in a few simple steps:
Through the BSE website:
Visit the BSE allotment status page: Click here
Select Equity as the issue type.
Choose Suraksha Diagnostic Limited from the dropdown list.
Enter your application number and PAN card details.
Complete the CAPTCHA and click Submit.
Through the KFin Technologies website:
Visit KFin Technologies’ allotment status portal: Click here
Select Suraksha Diagnostic Limited from the dropdown.
Choose how you wish to check the allotment (via Application Number, Demat Account, or PAN).
Enter the relevant details and security CAPTCHA.
Click Submit to view your allotment status.
The GMP for the IPO has seen a marginal rise. The latest grey market premium (GMP) for the Suraksha Clinic and Diagnostic IPO is Rs 2, as of December 4, 2024, at 5:03 AM.
The estimated listing price stands at Rs 443 with the IPO price band set at Rs 441 per share. This calculation is based on the upper price band plus the current GMP. The expected return per share is approximately 0.45%, indicating a modest potential gain on the listing.
Listing of shares of Suraksha Diagnostic IPO is expected on December 6, 2024, on both the BSE and NSE.