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HomeNewsShree Karni Fabcom IPO allotment: Here's how you can check allotment status....

Shree Karni Fabcom IPO allotment: Here’s how you can check allotment status. Details here

Mar 13, 2024 02:58 PM IST

Shree Karni Fabcom IPO opened for subscription on March 6 and closed on March 11. Shree Karni Fabcom IPO subscription status was 296.43 times on Day 3.

Shree Karni Fabcom IPO allotment: Share allotment of Shree Karni Fabcom IPO has been finalised. Investors who have applied for the issue can check the allotment status on the IPO registrar’s portal. Mas Services Limited is the registrar of the issue which opened on March 6 and closed on March 11. On day 3 of the bidden, Shree Karni Fabcom IPO was subscribed 296.43 times. The company initiated the refund process for applicants who have not been given the shares today (March 13) and those who have been allotted the shares will receive them in their demat accounts on the same day as well. The listing date of the IPO has been fixed- March 14.

Shree Karni Fabcom IPO allotment: The company initiated the refund process for applicants who have not been given the shares on March 13.
Shree Karni Fabcom IPO allotment: The company initiated the refund process for applicants who have not been given the shares on March 13.

Read more: Gopal Snacks IPO allotment finalised: How to check status in just 6 steps

Investors can check if they have been given shares through the basis of allotment.

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Here’s how you can do this on registrar’s website:

  1. Open the official website of Mas Services Ltd- https://www.masserv.com/opt.asp
  2. Locate “Check Application Status” section after which you need to choose the IPO from the drop-down menu.
  3. Choose either the Application number, Demat Account number, or PAN ID and enter them as required to check the allotment status.

Read more: Deadline to update Aadhaar card for free extended till June 14: How to do it

Shree Karni Fabcom IPO GMP

The grey market premium is +210 which indicates that Shree Karni Fabcom share price were trading at a premium of 210 in the grey market.

Read more: JG Chemicals debut: Share price opens with 5.4% discount at 209 apiece on NSE

Therefore, the estimated listing price of Shree Karni Fabcom share price was indicated at 437 apiece- 92.51% higher than the IPO price.

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