IBL Finance IPO share allotment will be finalized today. Investors will be allocated shares through a lottery process, supervised by the registrar. Investors can check the allotment status on the BSE or by visiting the registrar’s website, Bigshare Services. The IPO was subscribed nearly 18 times, with the retail investor category oversubscribed 24 times. The net proceeds from the IPO will be used to strengthen IBL Finance’s capital base and for general corporate purposes.
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