Rikhav Securities IPO Allotment Status: Key Details and How to Check Your Status

The eagerly awaited Rikhav Securities IPO allotment status is set to be revealed on January 20, 2025, according to the timeline in the Red Herring Prospectus (RHP). Investors who participated in this high-demand offering can expect their allotment status to become available soon, as excitement around the IPO continues to build.
Grey Market Premium (GMP) Shows Positive Sentiment
As of January 18, 2025, shares of Rikhav Securities are trading at a strong premium in the grey market at INR 168 per share, indicating a GMP of INR 82, which translates to a 95.3% premium over the upper issue price. This impressive performance in the grey market reflects the strong confidence investors have in the company’s post-listing potential, making the IPO allotment even more highly anticipated.
IPO Subscription Details
The Rikhav Securities IPO closed with an overwhelming 307.08 times subscription rate, a reflection of its popularity among investors. The total bids received amounted to a staggering INR 27,275 crores. The high-net-worth individual (HNI) segment saw bids that were 616.78 times oversubscribed, making this IPO one of the most sought-after in recent times. With such an overwhelming response, investors are eager to find out if they’ve been successful in securing a share allotment.
How to Check Rikhav Securities IPO Allotment Status
For those looking to find out if they have been allotted shares, there are several methods available to check the IPO allotment status. Here’s a quick guide:
#1 Registrar Website: Link Intime
The registrar for the Rikhav Securities IPO is Link Intime, and they provide the most effective and direct way to check allotment status. Investors can visit the Link Intime website and choose Rikhav Securities from the dropdown menu. They can then enter one of the following details to check the allotment status:
- PAN
- IPO Application Number (CAF Number)
- Beneficiary ID (NSDL or CDSL Demat Account Number)
It’s important to note that registrar websites can become slow on allotment days, so be patient while accessing this information.
#2 Bank Account Debit/Removal of Lien
Another method to verify your IPO status is by checking your bank account. If the IPO application is successful, your account will show a debit of INR 1,37,600 for the allotted shares. If you are not allotted any shares, the bank will release the lien on the amount previously held for the application.
#3 BSE Website
The Bombay Stock Exchange (BSE) also provides an option to check IPO allotment status. Visit the BSE website, select equity, choose Rikhav Securities IPO, and enter your application number and PAN. This website is known for its user-friendly interface, ensuring a smooth experience for investors.
#4 Check Your Demat Account
For those who want to verify if the shares have been credited, the demat account is the final place to check. However, this method may be slower compared to others, as the shares may only appear on the listing day.
Important IPO Dates to Remember
- IPO Allotment Date: January 20, 2025
- Refunds Processed: January 21, 2025
- Shares Credited to Demat Accounts: January 21, 2025
- Listing Date: January 22, 2025, on the BSE SME Platform
Rikhav Securities IPO Details
- Lot Size: 1,600 shares
- Subscription Rate: 307.08 times
- Grey Market Premium (GMP): INR 82 (95.3% over the issue price)
With the Rikhav Securities IPO allotment status expected to be available on January 20, 2025, all eyes are now on this highly anticipated moment. Whether you’re an investor eagerly waiting for results or tracking the grey market performance, this IPO has generated significant excitement. Remember to check your allotment status using the various methods mentioned above to stay updated on your investment.
For investors hoping for a successful allotment, the journey continues as the stock is set to list on January 22, 2025, with high hopes for a promising post-listing debut.