Mamata Machinery IPO Allotment Status : Mamata Machinery shares are likely to be allotted to successful bidders on December 24, following a whopping subscription of 194.95 times on the final day of bidding on December 23.
Mamata Machinery IPO Allotment Status
The public issue of Rs 179.38-crore packaging machinery manufacturer Mamata Machinery Ltd, had seen demand soaring to nearly 200 times with investors bidding for over 100 crore shares, while only 51.78 lakh shares were available. The demand was led by QIBs and NIIs. The retail portion was booked 138.08x at a price band of Rs 230-243 apiece.
Mamata Machinery IPO Allotment Status
The investors who subscribed to the issue can check their allotment status on the official website of the registrar, Link Intime India Pvt Ltd. The share finalization can also be verified on the websites of the exchanges, NSE and BSE.
Step 1:Â Open the website of NSE by clicking on this direct link (https://www.nseindia.com/products/dynaContent/equities/ipos/ipo_login.jsp).
Step 2:Â Register by signing up using your details and then Submit.
Step 3:Â Select ‘Mamata Machinery’
Step 4:Â Investors can check the allotment status by filling in details like their IPO Application number.
Step 5:Â Press the Submit button
Step 6:Â The allotment status will be shown in the window.
Mamata Machinery IPO sees 195 times subscription on final day, GMP in triple digits
Mamata Machinery IPO allotment status check on direct link of BSE
Step 1:Â Open the website of Bombay Stock Exchange (BSE).
Step 2:Â Click on ‘Investors’ option.
Step 3:Â On the ‘Investor Services’ dropdown, click on ‘Status of Issue Application’.
Step 4:Â Click on ‘Application Status Check’.
Step 5: Select Equity in the issue type.
Step 6:Â Fill in the required details including the ‘Issue Name’.
Step 7:Â Enter PAN number and click on Search to view the status
Mamata Machinery IPO GMP Today News
According to market observers, the shares are commanding a GMP of around 107 percent. Investorgain quoted a grey market premium of Rs 260 in the unofficial market, indicating a maximum listing day gain of 90 percent.
Mamata Machinery shares are expected to be listed on the BSE and NSE on December 27.
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