Enviro Infra IPO: Allotment status check

Enviro Infra IPO allotment status: The allotment status of Enviro Infra IPO is expected to be out today, November 28. Investors who had applied for the IPO can check their allotment status on the BSE website or on the website of the registrar of the issue, Bigshare Services.
To check your allotment status on the BSE website, you will need to enter your PAN number and the application number. On the Bigshare Services website, you will need to enter your PAN number and the DPID/Client ID.
The Enviro Infra IPO was subscribed 1.84 times. The issue received bids for 16,22,85,072 shares against the total issue size of 8,81,92,256 shares. The retail portion of the issue was subscribed 3.03 times, while the non-institutional portion was subscribed 0.93 times. The qualified institutional buyers (QIBs) portion was subscribed 1.11 times.
The Enviro Infra IPO price band was fixed at Rs 317-324 per share. The IPO raised Rs 2,500 crore. The company plans to use the proceeds from the IPO to expand its manufacturing capacity, repay debt, and for general corporate purposes.
Enviro Infra is a leading player in the environment infrastructure sector in India. The company has a diversified portfolio of businesses, including water treatment, wastewater treatment, solid waste management, and renewable energy. The company has a strong track record of growth and profitability.
The Enviro Infra IPO is expected to list on the BSE and NSE on December 2. The company's shares are expected to trade at a premium to the issue price, given the strong demand for the IPO.