Allotment Date for Shree Karni Fabcom IPO: Share allotment for Shree Karni Fabcom IPO will be completed today (Tuesday, March 12). The investors who have applied for the issue can check the IPO allotment status of Shree Karni Fabcom on the registrar's portal – Mas Services Limited.
Shree Karni Fabcom's IPO opened for subscription on Wednesday, March 6 and closed on Monday, March 11. The subscription status of Shree Karni Fabcom IPO was 296.43 on the third day.
Investors can use the allocation basis to find out whether shares have been allocated to them. The number of shares allocated can also be seen in the IPO allocation status.
Also Read: Shree Karni Fabcom IPO: Issue subscribed over 112 times on Day 3, check GMP and other details
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The company will begin the refund process on Wednesday, March 13 for applicants who were not allocated shares. Those allotted will receive their shares in their demat accounts on the same day.
Shree Karni Fabcom's listing date is Thursday, March 14.
Also Read: VR Infraspace IPO Allotment Completed Today: 6 Steps to Check Status; know the latest GMP
To check IPO allotment status of Shree Karni Fabcom: Visit the official website of Mas Services Ltd at https://www.masserv.com/opt.asp
Step 1
If you have applied for Shree Karni Fabcom IPO, you can check the allotment status on the website of IPO registrar, Mas Services Ltd.
step 2
Find the “Check Application Status” section and select “Shree Karni Fabcom IPO” from the drop-down menu (the name will be visible once the allotment is confirmed).
step 3
Select either Application Number, Demat Account Number or PAN ID.
Step 4
Enter your application number, PAN or DPID as required.
Also Read: Shree Karni Fabcom IPO: From price range to GMP, everything you need to know
Shree Karni Fabcom IPO GMP today
The gray market premium for Shree Karni Fabcom's IPO is +210. This suggests that Shree Karni Fabcom share price was trading at a premium of ₹210 on the gray market, according to investorgain.com.
Taking into account the upper end of the IPO price range and the current premium in the gray market, the estimated listing price of Shree Karni Fabcom share has been provided ₹437 per piece, which is 92.51% higher than the IPO price of ₹227.
“Gray market premium” indicates investors’ willingness to pay more than the issue price.
Also Read: IPOs this week: 8 new issues and 9 new listings to keep the primary market busy
Disclaimer: The above views and recommendations are those of individual analysts, experts and brokerage firms, not Mint. We recommend investors consult certified experts before making an investment decision.
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