Italian Edibles IPO: Check Allotment Status, GMP Today.
Unlisted shares of Italian Edibles Ltd are buying and selling Rs 18 larger within the gray market, which is a 26.47 per cent itemizing acquire from the general public problem
The share allotment of the Italian Edibles IPO, which was closed on February 7, has been finalised. Investors can examine the allotment standing on its registrar Bigshare Services Pvt Ltd’s web site. Here’s how one can examine allotment standing, itemizing date and GMP as we speak.
On the ultimate day of bidding on February 7, the IPO acquired over 154 instances subscription, garnering bids for 57,44,78,000 shares as in opposition to 37,20,000 shares on supply. The retail class acquired 120.62 instances subscription and the non-institutional investor (NII) class quota acquired 177.37 instances subscription.
The Rs 26.66-crore SME IPO was opened for public subscription between February 2 and February 7.
The Italian Edibles IPO itemizing will happen on the NSE SME on February 12, 2024.
How To Check Italian Edibles IPO Allotment Status
The Italian Edibles IPO allotment standing is seen on Bigshare Services’ web site. Here’s a step-by-step information to examine the Italian Edibles IPO software standing:
1) Go to the Bigshare Services Pvt Ltd web site through the URL (https://www.bigshareonline.com/ipo_Allotment.html)
2) From right here, you’ll have to choose one of many three obtainable servers
3) Select the title of the IPO through the dropdown menu. The title will solely be populated when the share allotment course of is finalised
4) You want to pick both one of many three modes: Application quantity, Beneficiary ID or PAN ID
5) Enter the main points of the mode you chose in Step 3
6) Click on the search possibility
Your allotment standing will likely be seen now.
Italian Edibles IPO GMP Today
According to market observers, unlisted shares of Italian Edibles Ltd are buying and selling Rs 18 larger within the gray market as in contrast with its problem worth. The Rs 18 gray market premium or GMP means the gray market is anticipating a 26.47 per cent itemizing acquire from the general public problem. The GMP relies on market sentiments and retains altering.
‘Grey market premium’ signifies traders’ readiness to pay greater than the problem worth.
Italian Edibles IPO Details
The Italian Edibles IPO was solely a contemporary problem of 39.2 lakh shares. The worth of the Italian Edibles IPO was mounted at Rs 68 per share.
The minimal lot dimension for an software was 2,000 shares. The minimal quantity of funding required by retail traders was Rs 1,36,000. The minimal lot dimension funding for HNI was 2 heaps (4,000 shares) amounting to Rs 2,72,000.
First Overseas Capital Limited is the e book-operating lead supervisor of the Italian Edibles IPO, whereas Bigshare Services Pvt Ltd is the registrar for the problem. The market maker for Italian Edibles IPO is Nikunj Stock Brokers.
