The IPO allotment for Mayank Cattle Food was completed today; GMP Stable, Steps to Check IPO Allotment Status of Mayank Cattle

Mayank Cattle Food IPO Allotment Status: The allotment of Mayank Cattle Food IPO shares will be completed today (Thursday, February 1). The investors who have applied for the issue can check the IPO allotment status of Mayank Cattle Food on the portal of the registrar, Cameo Corporate Services Ltd.

Investors can use the allocation basis to find out whether and how many shares have been allocated to them. The number of shares allocated can also be seen in the IPO allocation status. The Company will initiate the refund process for applicants who have not been allotted shares. The allottees will receive their shares in their demat accounts.

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Also Read: Mayank Cattle Food IPO: From price range to GMP, here is everything you need to know

On Friday, February 2, those who have been allotted shares will get a credit in their demat account. The refund process will begin once the allocation is complete.

The listing date of Mayank Cattle Food is set for Monday, February 5 on the BSE SME.

If you have applied for Mayank Cattle Food IPO, you can check your allotment status immediately on the website of the IPO registrar, Cameo Corporate Services Ltd. Checking the allotment status of your Mayank Cattle Food IPO application can be done on this IPO of Mayank Cattle Food Allotment Link: https://ipo.cameoindia.com/

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Step 1:

Visit Mayank Cattle Food IPO Registrar Website – https://ipo.cameoindia.com/

Step 2:

Select the business name “Mayank Cattle Food” from the dropbox

Step 3:

To check the status, select one of the three options: Application Number, Demat Account or PAN.

Step 4:

Enter the captcha code

Step 5:

Click the “Search” button.

Also Read: Mayank Cattle Food IPO: Check GMP, Subscription Status on Day 3, Verification and Other Important Details

Mayank Cattle Food IPO Subscription Status

Subscription status for Mayank Cattle Food IPO stands at 8.83 on day 3. The issue received positive response from retail investors whose portion was subscribed 11.77 times and non-institutional buyers whose portion was subscribed 5.90 times, as per data available on chittorgarh.com.

According to chittorgarh.com, the company has received offers for 1,51,05,600 shares against 17,10,000 shares offered.

The subscription status of Mayank Cattle Food IPO was 78% on the first day and on the second day the issue was subscribed 2.75 times.

Mayank Cattle Food IPO GMP today

Mayank Cattle Food IPO GMP or gray market premium is +10. This suggests that Mayank Cattle Food's share price was trading at a premium of ₹10 in the gray market on Thursday, 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 Mayank Cattle Food stock has been provided ₹118 per piece, which is 9.26% higher than the IPO price of ₹108.

“Gray market premium” indicates investors’ willingness to pay more than the issue price.

Also Read: BLS E-Services IPO last day to apply: GMP rises, check issue details, verification, more. Should you register or not?

Disclaimer: The views and recommendations expressed in this article are those of individual analysts. These do not reflect the views of Mint. We recommend investors consult certified experts before making an investment decision.

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