The excitement around Initial Public Offerings (IPOs) continues to grow, and with it, the need to stay updated on the allotment status of shares. This guide will help you understand how to check your IPO allotment status using your PAN card and provide insights into the Grey Market Premium (GMP) details for some of the latest IPOs, including Mamata Machinery, Transrail Lighting, Concord Enviro, DAM Capital Advisors, and Sanathan Textiles.
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How to Check IPO Allotment Status Using PAN Card?
Follow these simple steps to check your IPO allotment status using your PAN card:
1. Visit the IPO registrar’s website: You can access the registrar’s portal, such as Link Intime India Private Ltd or Kfin Technologies Ltd, through their respective websites:
– Link Intime India: https://linkintime.co.in/initial_offer/public-issues.html
– Kfin Technologies: https://kosmic.kfintech.com/ipostatus/
2. Select the IPO: From the drop-down menu, choose the IPO you applied for, such as Mamata Machinery, Transrail Lighting, Concord Enviro, DAM Capital Advisors, or Sanathan Textiles.
3. Choose the PAN card option: Select the PAN card option from the available choices, which may include Application Number, DP/Client ID, or Account Number/IFSC.
4. Enter your PAN card number: Input your PAN card number in the designated field.
5. Submit the details: Enter the captcha code if required and click on the submit button to view your IPO allotment status.
IPO GMP Details
Grey Market Premium (GMP) provides an indication of the potential listing price of an IPO. Here are the latest GMP details for the five IPOs:
Mamata Machinery IPO GMP today: The grey market premium is +260. Considering the upper end of the IPO price band and the current premium, the estimated listing price is ₹503 per share, which is 107% higher than the IPO price of ₹243.
Transrail Lighting IPO GMP today: The grey market premium is +192. Considering the upper end of the IPO price band and the current premium, the estimated listing price is ₹624 per share, which is 44.44% higher than the IPO price of ₹432.
DAM Capital Advisors IPO GMP today: The grey market premium is +170. Considering the upper end of the IPO price band and the current premium, the estimated listing price is ₹453 per share, which is 60.07% higher than the IPO price of ₹283.
Sanathan Textiles IPO GMP today: The grey market premium is +90. Considering the upper end of the IPO price band and the current premium, the estimated listing price is ₹411 per share, which is 28.04% higher than the IPO price of ₹321.
Concord Enviro Systems IPO GMP today: The grey market premium is +75. Considering the upper end of the IPO price band and the current premium, the estimated listing price is ₹776 per share, which is 10.7% higher than the IPO price of ₹701.
Read More: Tata Investment Share Price Jumps 9% Amid Tata Capital IPO Buzz
FAQs
1. How can I check my IPO allotment status?
You can check your IPO allotment status by visiting the registrar’s website (Link Intime India or Kfin Technologies), selecting the IPO, and entering your PAN card number. Follow the steps mentioned above for a detailed guide.
2. What is Grey Market Premium (GMP)?
Grey Market Premium (GMP) is the premium at which IPO shares are traded in the grey market before they are listed on the stock exchange. It provides an indication of the potential listing price of the IPO.