**WOL 3D India IPO Allotment Status to Be Finalized on September 26: Key Details and What Investors Should Know**
The Indian stock market has been buzzing with excitement as WOL 3D India, a leading player in the 3D printing industry, recently launched its Initial Public Offering (IPO). The IPO has garnered significant attention from retail and institutional investors alike, given the company’s strong market presence and the growing demand for 3D printing technology across various sectors. As the IPO subscription period has come to a close, all eyes are now on the allotment status, which is set to be finalized on **September 26, 2023**.
In this article, we will provide a comprehensive overview of WOL 3D India’s IPO, the allotment process, and what investors should expect in the coming days.
### **About WOL 3D India**
WOL 3D India is one of the pioneers in the 3D printing industry in India, offering a wide range of 3D printers, filaments, and related services. The company has established itself as a key player in the additive manufacturing space, catering to industries such as automotive, healthcare, education, and consumer goods. With the increasing adoption of 3D printing technology in various sectors, WOL 3D India is well-positioned to capitalize on the growing demand for innovative and cost-effective manufacturing solutions.
### **WOL 3D India IPO: Key Details**
The WOL 3D India IPO opened for subscription on **September 18, 2023**, and closed on **September 21, 2023**. The IPO was met with strong demand from investors, with both retail and institutional categories being oversubscribed. The company aims to raise funds through the IPO to fuel its expansion plans, invest in research and development, and strengthen its market presence.
Here are some key details about the WOL 3D India IPO:
– **IPO Size**: The total issue size of the IPO is approximately ₹150 crore.
– **Price Band**: The price band for the IPO was set at ₹150 to ₹160 per share.
– **Lot Size**: Investors were required to bid for a minimum of 90 shares, with multiples of 90 shares thereafter.
– **Listing Date**: The shares of WOL 3D India are expected to be listed on the NSE and BSE on **October 3, 2023**.
### **IPO Allotment Process**
The allotment of shares in an IPO is a crucial step that determines how many shares each investor will receive based on their application. The allotment process is conducted by the registrar of the IPO, which, in the case of WOL 3D India, is **Link Intime India Private Limited**.
The allotment process typically follows these steps:
1. **Finalization of Allotment**: The registrar will finalize the allotment of shares based on the demand and the number of applications received. This process ensures that shares are distributed fairly among investors.
2. **Refunds (if applicable)**: If an investor does not receive the full number of shares they applied for, the excess amount will be refunded to their bank account. This process is usually completed within a few days of the allotment finalization.
3. **Credit of Shares**: Once the allotment is finalized, the shares will be credited to the Demat accounts of successful applicants. This is expected to happen by **September 28, 2023**.
4. **Listing on Stock Exchanges**: After the shares are credited to investors’ Demat accounts, the company will proceed with the listing of its shares on the stock exchanges. The listing date for WOL 3D India is tentatively set for **October 3, 2023**.
### **How to Check WOL 3D India IPO Allotment Status**
Investors who have applied for the WOL 3D India IPO can check the allotment status online once it is finalized on **September 26, 2023**. There are two primary ways to check the allotment status:
1. **Through the Registrar’s Website (Link Intime India Private Limited)**:
– Visit the official website of Link Intime India at [https://linkintime.co.in](https://linkintime.co.in).
– Navigate to the “IPO Allotment Status” section.
– Select “WOL 3D India IPO” from the dropdown menu.
– Enter your PAN number, application number, or DP/Client ID.
– Click on “Submit” to view your allotment status.
2. **Through the BSE Website**:
– Visit the BSE website at [https://www.bseindia.com/investors/appli_check.aspx](https://www.bseindia.com/investors/ap