Before Christmas, IPO allotments for five companies—Mamata Machinery, Transrail Lighting, Concord Enviro, DAM Capital Advisors, and Sanathan Textiles—are set to be finalized today. Investors eagerly awaiting results can check the allotment status on the respective registrars’ portals, Link Intime India or Kfin Technologies.
Here’s a detailed guide on how to check the IPO allotment status and the latest GMP (Grey Market Premium) updates for these IPOs.
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How to Check IPO Allotment Status Using PAN Card
Follow these steps to verify your allotment status:
Step 1: Visit the registrar’s website:
- For Link Intime India: linkintime.co.in
- For Kfin Technologies: kosmic.kfintech.com/ipostatus
Step 2: Select the IPO you applied for from the drop-down menu (e.g., Mamata Machinery, Transrail Lighting, Concord Enviro, DAM Capital Advisors, or Sanathan Textiles).
Step 3: Choose the PAN card option from the search criteria options (other options include Application Number, DP/Client ID, or Account Number/IFSC).
Step 4: Enter your PAN card number in the provided field.
Step 5: Complete the Captcha (if required) and click submit.
The results will display the number of shares allotted to you. If no shares are allocated, the refund process will begin promptly.
IPO Listing Details
- Shares for successful applicants will be credited to their demat accounts on December 26, 2024.
- The IPOs will list on stock exchanges on December 27, 2024.
IPO GMP Updates (As of December 24, 2024)
Here are the grey market premium (GMP) rates and estimated listing prices for each IPO:
- Mamata Machinery IPO
- GMP: ₹260
- Estimated Listing Price: ₹503
- Expected Premium: 107% higher than the IPO price of ₹243.
- Transrail Lighting IPO
- GMP: ₹192
- Estimated Listing Price: ₹624
- Expected Premium: 44.44% higher than the IPO price of ₹432.
- DAM Capital Advisors IPO
- GMP: ₹170
- Estimated Listing Price: ₹453
- Expected Premium: 60.07% higher than the IPO price of ₹283.
- Sanathan Textiles IPO
- GMP: ₹90
- Estimated Listing Price: ₹411
- Expected Premium: 28.04% higher than the IPO price of ₹321.
- Concord Enviro Systems IPO
- GMP: ₹75
- Estimated Listing Price: ₹776
- Expected Premium: 10.7% higher than the IPO price of ₹701.
Refund Process and Credit of Shares
For investors not allotted shares, the refund process will commence on December 26, 2024. Allotted shares will be credited to the respective demat accounts on the same day.
Conclusion
Investors in Mamata Machinery, Transrail Lighting, Concord Enviro, DAM Capital Advisors, and Sanathan Textiles IPOs can easily check their allotment status using the registrar’s portal. With promising GMP trends, these IPOs are likely to generate significant listing gains, making them highly anticipated in the market.
Stay updated to ensure you don’t miss critical steps or deadlines in the IPO process!