IPO GMP and Allotment Status: Essential Updates and How to View Using PAN Card |

Well, as we are a day away from Christmas on Wednesday, December 25, the allotment for five IPOs will be closed today. Those five are Mamata Machinery, Transrail Lighting, Concord Enviro, DAM Capital Advisors, and Sanathan Textiles. Except for Sanathan Textiles, which is managed by Kfin Technologies Ltd, investors can check the allotment status of the remaining four IPOs on the registrar’s portal, Link Intime India. All five IPOs opened for subscription on Thursday, December 19, and closed on Monday, December 23.

The allotment status and the number of shares would be known by the investor. If no shares allotted, then refund will occur on Thursday, December 26. The credit on the demat accounts of individuals who have been allotted with shares will also take place on December 26 itself. All five IPOs will be making their listing on the stock exchange on Friday, December 27.

How To Check IPO Allotment Status Using PAN Card

If you applied for Mamata Machinery, Transrail Lighting, Concord Enviro, DAM Capital Advisors or Sanathan Textiles IPOs then the way to find out whether allotted or not is by follow on procedure given here:-

Step 1: Click On Registrar Website: This should direct to corresponding website registrar: Link Intime India- https://linkintime.co.in/initial_offer/public-issues.html Kfin Technologies -https://kosmic.kfintech.com/ipostatus/

Step 2: Click on the desired IPO :
Select the IPO you have applied for from the list provided below.

3. Select PAN Card Option:
   Select PAN Card from the given options that might include Application Number, DP/Client ID, or Account Number/IFSC, among others.
4. Enter Details:
   Enter your PAN Card number.
5. **Submit Details:
   Enter the required captcha and then click on submit to get the allotment status.

Grey Market Premium (GMP) News

• Mamata Machinery IPO: The GMP is +260, which makes the estimated listing price to be ₹503 per share, 107% above the IPO price of ₹243.
• Transrail Lighting IPO: GMP = +192; likely price on listing at ₹624; 44.44% above the IPO price at ₹432.
  DAM Capital Advisors IPO:
• GMP stands at +170; project to hit the estimated listing price per share at ₹453, 60.07% above the IPO price at ₹283.
• Sanathan Textiles IPO: The GMP is +90, which suggests that the listing price could be around ₹411 per share, 28.04% above the IPO price of ₹321.
• Concord Enviro Systems IPO: The GMP is +75, which indicates that the listing price would be around ₹776 per share, 10.7% above the IPO price of ₹701.

Investors are advised to seek guidance from certified financial experts before making investment decisions. The figures and recommendations above are based on market analysis by experts and broking firms.