Mamata Machinery IPO GMP was recorded on December 24 at Rs 260. Considering the upper end of the price band of Rs 243, the GMP indicated a listing price of Rs 503, or a listing gain of 107%, which is a very high margin by any yardstick. The date for Mamata Machinery IPO listing is December 27. Those who won’t get the shares will get refund of the application money on December 26.
The Concord Enviro Systems IPO GMP on December 24 stood at Rs 55. Considering the upper end of the price band of Rs 701, the listing price of Concord Enviro Systems IPO could take place at Rs 756, which will lead to a listing gain of 7.85%. However, one must keep in mind that GMP is an unofficial indicator that does not guarantee anything, listing gain or loss. The date of listing of Concord Enviro Systems IPO is scheduled on December 27 and those who won’t get the shares are supposed to get the refund on December 26.
How to check allotment of Mamata Machinery IPO
The following are the steps to check allotment with the registrar to the issue.
- ONE: Visit website of registrar Link Intime India
- TWO: Go to dropdown menu
- THREE: To find allotment status you can proceed with PAN or IPO application number, demat account number
- FOUR: Decide whether the application type is ASBA (Application Supported by Blocked Amount of application money) or non-ASBA
- FIVE: Provide details for the mode selected in step two. Status will show on the screen.
How to check allotment of Concord Enviro Systems
The following are the steps to see allotment status at the exchange where the shares will be listed.
- ONE: Log in to BSE at bseindia.com/investors/appli_check.aspx
- TWO: Click on ‘Equity’ in issue type option
- THREE: In ‘Issue Name’ section click on ‘Concord Enviro Systems’
- FOUR: Type IPO application number or PAN
- FIVE: Select ‘I’m not a robot’ and select ‘Search’. The allotment status will appear on the screen
Please note that the allotment status can be checked both at the portal of the stock exchange where the listing will take place and at that of the registrar to the issue. The process will be the same. Only the name of the company and the IPO application details will change for an investor.
(Disclaimer: This article is only meant to provide information. News9live.com does not recommend buying or selling shares or subscriptions of any IPO and Mutual Funds.)
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