Crop Life Science IPO Allotment Completed: GMP Before Listing, Here’s How To Check Allotment Status

Crop Life Science IPO Allotment Date: The allotment of shares for the Crop Life Science IPO closed today (Friday, August 25). Investors who applied for the offering can check Crop Life Science’s allotment status on the portal of the registrar, Purva Sharegistry India Pvt Ltd.

Investors can use the allocation basis to find out whether and how many shares have been allocated to them. The refund process begins Monday, August 28 for those who were not granted shares. The grantees will receive their shares on their Demat account on Tuesday 29th August.

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Crop Life Science’s share price will be listed on the NSE SME on Wednesday 30th August. If you applied for the shares, here’s how to check the Crop Life Science IPO grant status.

If you have applied for Crop Life’s IPO, you can check the status of your Crop Life Science IPO allotment instantly on the website of IPO registrar Purva Sharegistry India Pvt Ltd. check. You can use the Purva Sharegistry India Pvt Ltd. Check your application at this link – https://www.purvashare.com/queries/

How can I check Crop Life Science quota status on Purvashare?

– Login to Crop Life Science IPO Allotment Page – https://www.purvashare.com/queries/

– Select the IPO name “Crop Life Science” from the drop-down menu bar.

– Choose one of the three options to check the status: Application number, Demat account or PAN.

– Click on the “Search” button.

– Your Crop Life allocation status is displayed on screen (desktop/mobile).

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Crop Life Science IPO GMP today

Crop Life Science Limited IPO GMP today or gray market premium is -6. This indicates that Crop Life Science IPO GMP shares were trading at a discount of ₹6 in the gray market on Friday, according to topsharebrokers.com.

Taking into account the high end of Crop Life Science’s price range and the current premium in the gray market, the estimated listing price for Crop Life Science Ltd stock is: ₹46 each, which is 11.54% less than Crop Life Science Ltd’s share ₹52

For the past four trading sessions, shares of Crop Life Science Ltd have traded at a discount in the gray market.

The lowest GMP is recorded at ₹-6 while the highest is GMP ₹7. According to topssharebrokers.com, today’s IPO-GMP trend indicates discount and expect discount listing.

“Grey market premium” indicates the willingness of investors to pay more than the issue price.

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Crop Life Science IPO details

The Crop Life Science IPO price range was set at ₹52 per share with a par value of ₹10 each. The minimum lot size of this Crop Life Science IPO is 2000 shares. The issue price for Crop Life Science’s IPO is 5.2 times the par value of the shares.

The Crop Life Science IPO consists of a new issue of shares with a total value of 51.40 lakh ₹26.73 crores. There is no OFS (Offer for Sale) component.

According to the Company’s Red Herring Prospectus (RHP), the Company intends to use the net proceeds from the offering to repay debt, meet long-term working capital needs and for general corporate purposes.

The main manager of Crop Life Science IPO is Interactive Financial Services Ltd and the registrar is Purva Sharegistry Pvt Ltd.

Crop Life Science IPO Dates

The basis for the allotment of shares in the Crop Life Science Limited IPO will be determined on Friday 25th August and the company will issue the refund on Monday 28th August while the shares will be issued on Tuesday 29th August , credited to the demat account of the beneficiaries. Crop Life Science Ltd shares are expected to list on the NSE SME on Wednesday 30th August.

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