Sai Swami Metals and Alloys IPO allotment to be finalised today; latest GMP, 4 steps to check status

To find retired if and however galore shares they person been assigned, investors mightiness utilise the ground of allotment. The fig of shares granted volition besides beryllium displayed successful the IPO allocation status. For those who applied but weren't fixed shares, the institution volition commencement the refund procedure. The shares that person been allotted to them volition beryllium credited to their demat accounts.

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The demat relationship of individuals who received shares volition beryllium credited connected Tuesday, May 7. The refund process volition statesman connected Tuesday arsenic soon arsenic the allocation is finalised today.

Sai Swami Metals and Alloys IPO listing day is fixed for Wednesday, May 8 connected BSE SME.

If you person applied for the Sai Swami Metals and Alloys IPO, you tin bash a Sai Swami Metals IPO allotment presumption cheque instantly connected the website of the IPO registrar, Bigshare Services Pvt Ltd - https://ipo.bigshareonline.com/ipo_status.html

Step 1

Enter your login accusation straight Bigshare nexus — https://ipo.bigshareonline.com/ipo_status.html - Sai Swami Metals and Alloys IPO allotment link

Step 2

Select "Sai Swami Metals and Alloys IPO" from the database of companies.

Step 3

Select "PAN Number, Beneficiary ID, oregon Application No./CAF No."

Step 4

Select "Search."

You whitethorn presumption your Sai Swami Metals and Alloys IPO connected your phone's show oregon connected the machine monitor.

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Sai Swami Metals and Alloys IPO GMP today

Sai Swami Metals IPO GMP contiguous is +53. This indicates Sai Swami Metals and Alloys stock terms were trading astatine a premium of ₹53 successful the grey market, according to investorgain.com.

When the precocious extremity of the IPO pricing scope and the contiguous premium connected the grey marketplace are taken into consideration, it is projected that Sai Swami Metals & Alloys shares volition database astatine a terms of ₹113 a share, which is 88.33% much than the IPO terms of ₹60.

'Grey marketplace premium' indicates investors' readiness to wage much than the contented price.

Also Read: Sai Swami Metals & Alloys IPO opens tomorrow: From terms set to cardinal dates - each you request to know

Sai Swami Metals and Alloys IPO Subscription Status

Sai Swami Metals and Alloys IPO was subscribed 543.72 times, connected time 3. The retail information was subscribed 529.01 times, and NII information was booked 533.83 times. 

The institution has received bids for 1,28,97,14,000 shares against 23,72,000 shares connected offer, according to information connected chittorgarh.com.

On the archetypal day, the contented was booked 22.90 times and connected the 2nd time the IPO was subscribed 120.92 times.

Also Read: Sai Swami Metals & Alloys IPO: Issue oversubscribed connected Day 1 led by retail investors; cheque GMP, different cardinal details

Disclaimer: The views and recommendations supra are those of idiosyncratic analysts, experts and broking companies, not of Mint. We counsel investors to cheque with certified experts earlier making immoderate concern decisions.

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Published: 06 May 2024, 09:08 AM IST