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Is Anupam rasayan allotted?

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Is Anupam rasayan allotted?

The finalization of Basis of Allotment for Anupam Rasayan IPO will be done on Mar 19, 2021, and the allotted shares will be credited to your demat account by Mar 23, 2021.

How do you know if you have been allotted in an IPO?

Investors, who had bid for the issue, can check the allotment status on the BSE website:

  • Visit https://www.bseindia.com/investors/appli_check.aspx.
  • Under the issue type, click Equity.
  • Under the issue name, select Latent View Analytics Limited in the dropbox.
  • Write the application number.
  • Add the PAN card ID.

What happened to Anupam rasayan IPO?

Anupam Rasayan IPO Listing: Much to investors’ disappointment, Anupam Rasayan Initial Public Offer (IPO) listing gain did not happen at all. Shares listed at Rs 520, which is much lower than its issue price of Rs 555. The stock listed at Rs 520 against the issue price of Rs 555 per share.

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What is the premium of Anupam rasayan?

The Rs 760-crore IPO was subscribed 44 times. The issue was sold in the price band of Rs Rs 553-555 per share. In the grey market on Tuesday, Anupam Rasayan India shares were trading at Rs 625, implying a grey market premium of 12.6 per cent, over the issue price.

How is IPO allotment decided?

If the total number of bids made by the applicants is less than or equal to the number of shares being offered, then complete allotment of stocks will take place. Thus, every applicant who has applied will be assigned shares.

What is the grey market premium of Anupam Rasayan IPO?

The issue was sold in the price band of Rs Rs 553-555 per share. In the grey market on Tuesday, Anupam Rasayan India shares were trading at Rs 625, implying a grey market premium of 12.6 per cent, over the issue price.

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Should I subscribe to Anupam Rasayan?

“At the higher price band of Rs 555 per share, the company is valued at 36.1 times FY23 earnings. We recommend a Subscribe for listing gains,” said Ventura Securities. The company plans to use net proceeds of the IPO to repay or prepay certain debt and for general corporate purposes.

What is the grey market premium of Anupam rasayan IPO?