Nova AgriTech's IPO: GMP advances ahead of the allotment date. How to check quota status online

New AgriTech IPO: The initial public offering (IPO) of Nova AgriTech Ltd closed last week on January 25. The book build was booked over 109 times within three days of advertising. After the strong IPO allotment status of Nova AgriTech, applicants are eagerly waiting for the announcement of the IPO allotment status of Nova AgriTech. Under the T+3 listing rules, the allotment date for Nova AgriTech's IPO is most likely January 29, 2024, the first trading date after the completion of the subscription date for Nova AgriTech's IPO.

Meanwhile, gray market sentiment towards Nova AgriTech's IPO has improved following the closure of the Nova AgriTech IPO subscription session over the long weekend.

According to the stock market observers, shares of Nova AgriTech Limited Limited are available at a premium of ₹24 on the gray market today.

According to stock market observers, Nova AgriTech's share price is trading at a premium of ₹24 on the gray market today. This means that Nova AgriTech IPO has a gray market premium (GMP) today ₹24, that is ₹4 higher than his GMP on the last day of his subscription, which was Thursday. So, in the last two days, Nova AgriTech IPO GMP has skyrocketed ₹20 to ₹24.

According to market observers, this rise in Nova AgriTech IPO GMP today is due to the strong subscription of the bookbuild issue. They said the gray market remained bullish on public issuance despite the long weekend and secondary market sell-off on Thursday.

Once the IPO allotment status of Nova AgriTech is announced, one can check the IPO allotment status of Nova AgriTech online by logging on to the BSE website or Bigshare Services Pvt Ltd website. For more convenience, they can register through the direct BSE link – bseindia.com/investors/appli_check.aspx – or through the Bigshare Services link – ipo.bigshareonline.com/ipo_status.html.

Details of Nova AgriTech's IPO can be found below:

Infographic: Courtesy of mintgenie

Nova AgriTech IPO allotment status BSE

1]Register via BSE direct link – bseindia.com/investors/appli_check.aspx;

2]Select “Equity” as issue type;

3]Enter the application number or PAN number whichever you have.

4]Click on “I am not a robot”; And

5]Click on the “Search” button.

Your Nova AgriTech IPO allotment status will be displayed on your computer monitor on your mobile phone display.

Nova AgriTech IPO Allotment Status Bigshare

1]Log in to Bigshare Services direct website – ipo.bigshareonline.com/ipo_status.html;

2]Select “Nova AgriTech IPO”;

3]Select “Application Number”, “Demat Account” or PAN (for convenience we will use application number here);

4]Enter the application number;

5]Enter Captcha; And

6]Click on “SEND” option below.

Your Nova AgriTech IPO allotment status will be displayed on your computer monitor on your mobile phone display.

Under the T+3 listing rule, the allotment date for Nova AgriTech's IPO is most likely January 29, 2024, Monday next week. Likewise, the listing date for Nova AgriTech is most likely January 31, 2024, which is Wednesday next week.

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