Also Read: Sona Machinery IPO: Issue subscribed 273.50 times on Day 3, check GMP and other details
Investors can find out if and how many shares they have received on the allotment basis. The number of shares allotted can also be seen in the IPO allotment status. The company will start the refund process for applicants who have not been allotted shares. Those allotted will get their shares in their demat accounts.
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On Tuesday, March 12, those who have been allotted shares will have their demat account credited. The refund process will also start tomorrow as soon as the allocation is finalized today.
Also Read: Sona Machinery IPO to open on March 5, price band set at ₹136-143
Sona Machinery’s listing IPO date is set for Wednesday March 13 on NSE SME.
If you have applied for the IPO, you can check your Sona Machinery IPO allotment status today on the website of the IPO registrar, Maashitla Securities Private Ltd. Sona Machinery IPO allocation link –
Step 1
Please click the following link to access the website of Maashitla Securities Private Ltd which is the registrar of Sona Machinery IPO.
Step 2
The landing page you see after clicking the link above will look like the one in the screenshot below.
Step 3
The IPOs that are currently managed by the registrar, but not yet active, will not be displayed in this menu along with the active IPOs. However, one can see the online allotment status as Sona Machinery IPO allotment status has been finalized.
Step 4
You can then select the company ie Sona Machinery IPO from the drop down menu. In this case, you can get the information on the registrar website or later today.
Step 5
Using the following identifiers, one can check the allocation status for the IPO.
Income Tax PAN (permanent account number) number – The application status can first be checked using your mapped Income Tax PAN number. Enter your alphanumeric 10 digit PAN number after selecting PAN from the menu box. Click on ‘Submit’ button after entering the PAN.
Application number or CAF number- Additionally, using your application or CAF number, one can check the status of allocation. After entering the application or CAF number, click on the ‘Search’ button. Enter the application exactly as it appears on the admission paper that was issued to you after completing the IPO application procedure. Then you can click the ‘Submit’ button to get the information about the shares that were allotted to you in the IPO.
Beneficiary ID- The beneficiary ID of your demat account can also be used. Then, as a single string, the depository participant (DP) id and clientid must be entered together. The NSDL string is alphanumeric while the CDSL string is numeric. Enter the customer ID and DP ID exactly as they are. Online DP statement or the account statement both provide information about your DP and customer ID. Then click the ‘Submit’ button.
Also read: IPOs this week: 8 new numbers and 9 new listings to occupy the main market
Sona Machinery IPO GMP today
Sona Machinery IPO GMP or gray market premium is +100. This indicates that Sona Machinery’s share price was trading at a premium of ₹100 in the gray market, according to investorgain.com.
Considering the upper end of the IPO price range and the current premium in the gray market, the estimated list price of Sona Machinery’s share price was indicated at ₹243 a piece, which is 69.93% higher than the IPO price of ₹143.
Based on the last 13-session gray market activities, today’s IPO GMP is trending up and expecting a strong listing. The lowest GMP is ₹25, while the highest GMP is ₹115, according to analysts at investorgain.com.
“Grey market premium” indicates the willingness of investors to pay more than the issue price.
Also Read: Gopal Snacks IPO: GMP, subscription status to review. To apply or not, because the offer ends today?
Disclaimer: The above views and recommendations are those of individual analysts, experts and trading companies, not of Mint. We advise investors to check with certified experts before making any investment decisions.
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Published: 11 Mar 2024, 09:25 IST