Patil Automation IPO allotment standing: Following the closure of the preliminary public providing (IPO) of Patil Automation, the main focus has shifted to its allotment standing following a strong demand for the general public supply and respectable gray market developments.
Patil Automation IPO allotment date is mounted as Thursday, June 19.
General, the IPO garnered 101.42 instances bids. The retail portion was booked 44.77 instances, the non-institutional investor portion was subscribed 258.18 instances and the certified institutional purchaser (QIB) quota garnered 82.92 instances bids.
Patil Automation IPO, which ran for subscription from June 16 to June 18, raised ₹66.10 crore by way of recent difficulty of 55.08 lakh shares. Patil Automation IPO worth band was set at ₹120 per share.
Patil Automation IPO allotment
With a view to verify the Patil Automation IPO allotment standing, traders can head to the web site of its registrar or the trade.
Steps to verify allotment standing on registrar’s web site
Since Purva Sharegistry India is the IPO registrar, traders must observe these steps to verify the allotment standing of Patil Automation IPO:
– Head to the web site utilizing this hyperlink: https://www.purvashare.com/investor-service/ipo-query
– Choose firm title from the dropdown as Patil Automation
– Enter both Software Quantity or PAN Quantity
Steps to verify allotment standing on NSE’s web site
For the reason that SME IPO will checklist on NSE SME, traders may also verify the standing on the trade’s web site:
– Go to NSE’s allotment standing web page: https://www.nseindia.com/make investments/check-trades-bids-verify-ipo-bids
– Choose Fairness & SME IPO bid particulars
– Select the corporate title
– Enter PAN and software quantity particulars
Patil Automation IPO GMP
The gray market premium or GMP for Patil Automation IPO stood at ₹22 right now, June 19. On the present GMP, Patil Automation IPO shares might checklist at ₹142, 18.33% above the IPO worth of ₹120.
Disclaimer: This story is for instructional functions solely. The views and suggestions made above are these of particular person analysts or broking firms, and never of Mint. We advise traders to verify with licensed consultants earlier than making any funding selections.