Anupam Rasayan India is most likely to finalise the basis of allotment of the IPO on Friday, March 19, 2021. The Rs 760-crore initial public providing was subscribed 44 instances. The concern was sold in the price tag band of Rs Rs 553-555 per share. According to the Anupam Rasayan India’s prospectus, initiation of refunds or unblocking of funds from ASBA accounts will take location on March 22, and the credit of equity shares to the depository accounts of allottees will occur on March 23. Anupam Rasayan will make its stock marketplace debut on March 24, 2021. The grey marketplace premium of Anupam Rasayan shares was noticed at Rs one hundred more than IPO price tag. On Friday, Anupam Rasayan shares had been trading at Rs 655 more than IPO price tag, up 18 per cent in the grey marketplace, according to information offered by UnlistedArena.com, which tracks grey marketplace.
Once the basis of share allotment is accomplished, investors can verify their subscription status in Anupam Rasayan by means of the registrar’s internet site, i.e. from KFin Technologies Private Limited, a SEBI-registered entity accountable for the IPO allotment and refund processing, and from the BSE internet site. The current trend in IPO listings exhibits that stocks have a tendency to give up some of the gains right after listing at higher premiums, says Abhay Doshi, Founder, UnlistedArena.com, dealing in Pre-IPO & Unlisted Shares. He added that the stock could list in a variety of Rs 630-670 if the marketplace recovers. “Hence, in my personal opinion a street smart approach is required, I would like to book short term profits and wait for good opportunities in quality companies,” mentioned Doshi.
How to verify Anupam Rasyan share allotment status by means of KFin Tech Private Ltd internet site
Investors can verify the allotment status on KFin Technologies internet site beneath ‘IPO Status’ section (https://ris.kfintech.com/ipostatus/) when it gets declared. After that, choose the IPO and enter either your application quantity or DPID/Client ID or PAN. In case of the application quantity box, choose application variety and enter the application quantity. If the DPID/Client ID box is selected, choose the depository from the drop-down menu, enter DPIP, Client ID. If the PAN alternative box was selected, enter the permanent account quantity. In the final step, enter the offered captcha and click submit.
Check Anupam Rasyan share allotment status by means of BSE internet site
Another way to verify the allotment status in Anupam Rasyan is via BSE internet site (https://www.bseindia.com/investors/appli_check.aspx). Select the concern variety as ‘equity’, and the concern name as ‘Anupam Rasyan India Ltd’ from the drop-down list, when it gets declared. After that enter application quantity and PAN (permanent account quantity). In the final step, click on the search tab to view the status facts.
(The recommendation in this story is by the respective analysis and brokerage firm. TheSpuzz Online does not bear any duty for their investment suggestions. Please seek advice from your investment advisor ahead of investing.)