The Siyaram Recycling Industries IPO, the manufacturer of brass plumbing and sanitary components IPO, which was a book-build issue, received stellar response from investor.
The allotment of the issue has been finalised . The investors who applied for the issue can check the Siyaram Recycling IPO allotment status in the registrar’s portal ie the website of its official registrar — Cameo Corporate Services or by logging in at the BSE website.
Also Read- Benchmark IPO allotment finalised; here’s how to check allotment status
Siyaram Recycling IPO: How to check allotment status?
Go to the website of Cameo India
Step 1- Login to the Cameo India
https://ipo.cameoindia.com/
Step 2- Click on ‘Company Selection’ and then select the IPO name.
Step 3- Now, enter your PAN, application number, or DP / Client ID .
Click on ‘Search’.
In a similar way, you can also check on BSE website.
Go to the BSE website.
Step 1- Login to the BSE Link
https://www.bseindia.com/investors/appli_check.aspx
Step2- Select ‘Equity’ and then from the dropdown, select the issue name.
Step 3- Enter your application number or PAN card number.
Click on the “Search” button.
The investors thereby can find out if and how many shares they have been given through the basis of allotment. The number of shares allotted can also be seen in the IPO allotment status. The company will initiate the refund process for applicants who were not given shares. Those allotted will receive their shares in their demat accounts.
The tentative Siyaram Recycling IPO listing date on the BSE SME with tentative listing date fixed on December 21. Friday.
Also Read-Suraj Estate IPO day 3 subscription status: Issue subscribed 4.25 times so far; retail portion subscribed 5.81 times
Siyaram Recycling IPO GMP Today
Siyaram Recycling Industries IPO GMP today, or grey market premium today, is ₹36 per share, as per market observers. This indicates that the Siyaram Recycling shares are trading at a premium of ₹36 to the issue price at ₹46 apiece in the grey market.
The GMP today suggests that the Siyaram Recycling shares estimated listing price is ₹82 apiece, a premium of 78.26% over the IPO price.
Other Details–
Siyaram Recycling IPO price band had been fixed at ₹43 to ₹46 per share. The issue was entirely a fresh issue of 49.92 lakh equity shares and at the upper end of the price band, the company, plans to raise ₹22.96 crore from the offer.
Siyaram Recycling IPO was subscribed 385.19 times. The public issue subscribed 459.11 times in the retail category, 96.43 times in QIB, and 597.72 times in the NII category by December 18, 2023 after three days of bidding that started from from December 14. The strong response is reflected in Grey market premiums
Unlock a world of Benefits! From insightful newsletters to real-time stock tracking, breaking news and a personalized newsfeed – it’s all here, just a click away! Login Now!
Download The Mint News App to get Daily Market Updates.
More
Less
Published: 20 Dec 2023, 03:43 PM IST
