The excitement surrounding the Vishal Mega Mart IPO is palpable as investors eagerly await the allotment status of this much-anticipated public offering. With the bidding period now closed, all eyes are on the allotment date, which is expected to be finalized soon. The IPO listing date is likely set for December 18, making this a crucial time for potential investors.
Table of Contents
Understanding the IPO Allotment Process
Vishal Mega Mart, a prominent hypermarket chain operator, has garnered a strong response from investors during its IPO. As the public issue closed on December 13, the company is now in the process of finalizing the basis of share allotment. According to the ‘T+3’ listing rule, the shares must be listed within three days after the subscription period ends, which adds urgency to the allotment process.
Once the Vishal Mega Mart IPO allotment status is announced, eligible allottees will see the shares credited to their demat accounts, while unsuccessful bidders will receive refunds on the same day. This swift process is designed to keep investors informed and engaged.
How to Check Your IPO Allotment Status?
Investors can easily check their Vishal Mega Mart IPO allotment status online through several platforms, including the BSE and NSE websites, as well as the official portal of the IPO registrar, Kfin Technologies. Here’s a step-by-step guide on how to check your allotment status on both platforms:
Checking Allotment Status on BSE
- Visit the BSE website: Go to BSE IPO Status.
- Select ‘Equity’: In the Issue Type dropdown, choose ‘Equity’.
- Choose ‘Vishal Mega Mart Limited’: Select this option from the Issue Name dropdown menu.
- Enter Application Details: You can enter either your Application Number or PAN.
- Verify: Tick the box that says ‘I am not a robot’ and click on ‘Search’.
Your Vishal Mega Mart IPO allotment status will be displayed on the screen.
Checking Allotment Status on Kfin Technologies
- Visit Kfin Technologies’ website: Go to Kfin IPO Status.
- Select ‘Vishal Mega Mart Limited’: Choose this option from the Select IPO dropdown menu.
- Enter Application Details: You can select either Application Number, Demat Account, or PAN.
- Fill in the Details: Enter the required information based on your selection.
- Enter Captcha: Complete the Captcha verification and click on Submit.
Your Vishal Mega Mart IPO allotment status will be displayed on the screen.
Current Grey Market Premium (GMP)
In addition to the allotment status, investors are also keenly observing the grey market premium (GMP) for Vishal Mega Mart shares. Currently, the shares are showing a bullish trend in the unlisted market, commanding a GMP of ₹19 per share. This indicates that Vishal Mega Mart shares are trading higher by ₹19 in the grey market compared to their issue price, reflecting positive investor sentiment.
Conclusion
As the Vishal Mega Mart IPO allotment date approaches, investors are encouraged to stay informed and check their allotment status through the BSE, NSE, or Kfin Technologies. The upcoming listing on December 18 is set to be a significant event for both the company and its investors. With a strong GMP and a positive response from the market, Vishal Mega Mart is poised for an exciting debut.
Read More: Vishal Mega Mart IPO: 5.49x Booked! GMP & Key Updates
FAQs
1. How can I check my Vishal Mega Mart IPO allotment status?
You can check your allotment status online through the BSE and NSE websites or the Kfin Technologies portal. Simply enter your application number or PAN to view your status.
