How to check Equitas Holdings IPO Allotment Status?

Equitas Holdings IPO allotment statusHow to check Equitas Holdings IPO Allotment Status?

Equitas Holdings got oversubscribed by 17 times recently. I just got Equitas Holdings IPO allotment message on my iphone few minutes back. If you have already received message debiting funds from your account, Equitas Holdings IPO allotment of shares are done to you. If not you can follow the below process. How to check Equitas Holding IPO allotment status? If these shares are allotted to you, but gets listed below issue price, what should you do? Does it give good listing gains?

Also Read: Top Large cap mutual funds to invest in 2016

Equitas Holdings – IPO Allotment Status

Karvy is updating this list and you would soon see the Equitas name in drop down box.

  • Visit Karisma link of Karvy for IPO allotment here.
  • Select Equitas Holdings IPO from drop down box.
  • Select PAN no or DP Client ID or application no.
  • Enter PAN no or DP Client ID or application no.
  • Fill captcha
  • Submit
  • You would know the status of Equitas IPO shares allotment

Listing of Equitas Holdings IPO can happen in next 3 to 7 working days

About Equitas Holdings IPO

Chennai based, Equitas Holdings IPO opened for subscription on 5th April, 2016 and closed on 7th April, 2016. Equitas Holdings Ltd is a diversified financial services provider focused on individuals and micro and small enterprises (MSEs). The company posted revenue growth of over 33% CAGR in last 5 years. There were several positive factors in Equitas Holdings IPO. The upper price band of issue price was Rs 110 and it was oversubscribed by 17 times indicating strong sentiment over this IPO.

Company shown strong revenue growth in last 5 years. Good margins of around 15% made this IPO attractive.  It got Small Finance Bank (SFB) licence, its set-up may take time and its benefits would be seen in coming years. Considering all the above factors, I have recommended investors to invest in this IPO. However, one should note that recent IPO’s are listed at below issue price, hence on listing day it may test and can list below issue price too. My view is you should be willing to hold such shares for 3 to 5 years in case the shares of such IPO’s are listed below its issue price. If you are able to get listing gains, its party time.

Complete review about Equitas IPO can be read here.

Disclaimer: I just got one lot of allotment though I applied for higher number. If I get good listing gains, I would book profits, else would hold it for 3 to 5 years.

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Equitas Holdings – IPO Allotment Status


  • Raj

    Thanks for the informative article. However I saw that ICICIDirect does not list these IPOs for sale. Any recommendation, I am missing some of the good IPOs since I am relying only on ICICIDirect.


    • I purchased them on ICICIdirect only Raj. I got one lot and sold them at 30% profit too 🙂

      • Raj

        Oh… Feeing jealous. Missed on the profit.
        Would you recommend for brokerage services?

        Thanks Suresh.
        One advice .. You have so many great articles why don’t you get a good WordPress theme and make it more attractive. Plus you can write your own ebook and sale it to your subscribers.

        Let me know I can help you out with that.

  • Suresh

    Hi Suresh, is it good to buy shares of Equitas holdings now? What is your opinion?

  • Santoshchand P Kothari

    Applied 1755 shares. As retail portion Over subscribed by 1.4% , expeting allotment of 1200 to 1300 shares, but nothing was alloted. What is the allotment process? Is their any watchdog like SEBI ?

  • Franklin

    If someone had applied 1755 shares, and the retail o/s was 1.4 times, then the number of shares allotted would be 1250.

    • Srinivasan Kumar

      I got just 135 shares even though I applied for 1755 shares.

    • Srinivasan Kumar

      Suresh did not reply to my query. But I expected at least 405 shares after applying for 1755 shares. I have asked SEBI to enquire into this allotment as I was totally disappointed.

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