Sona BLV Precision Forgings (Sona Comstar) is anticipated to announce the IPO share allotment on June 21, 2021. The Rs 5,550-crore concern was subscribed 2.28 occasions on the final day of the bidding. The concern received bids for 24.43 crore shares of the corporation, out of a total concern of 10.71 crore. In the grey market place on Friday, Sona Comstar shares have been seen trading at Rs 294.5 apiece, implying a premium of 1.2 per cent Rs 3.5 per cent more than the IPO value of Rs 291, according to the persons who deal in shares of unlisted firms. Analysts count on up to 25 per cent listing gains on debut day.
The initiation of refunds or unblocking of funds from ASBA accounts will take location on June 22, 2021. While the equity shares will be credited to depository accounts on June 23, 2021. Sona BLV Precision Forgings will make its stock market place debut on June 24, 2021. Sona Comstar stock might open with a 15-25 premium on the listing day on the back of sturdy fundamentals, easing of state lockdowns, and positive sentiment in Indian markets, mentioned AR Ramachandran, Co-founder & Trainer, Tips2Trades. “Allotted investors should book partial profits on listing day and re-enter after a correction of at least 10-15 per cent for better returns in the long term,” Ramachandran told TheSpuzz Online.
How to verify Sona BLV Precision Forgings (Sona Comstar) share allotment status by way of registrar’s web page
Investors can verify their IPO allotment status in Sona Comstar on KFin Technologies web page below the IPO Status section (https://ris.kfintech.com/ipostatus/) when it gets declared. After that, pick the IPO and enter either your application quantity or DPID/Client ID or PAN. In the case of the application quantity box, pick the application variety and enter the application quantity. If the DPID/Client ID box is selected, pick the depository from the drop-down menu, enter DPIP, Client ID. If the PAN solution box was selected, enter the permanent account quantity. In the last step, enter the offered captcha and click submit. This will show the quantity of shares that have been applied and allotted to the investor.
Check Sona BLV Precision Forgings (Sona Comstar) share allotment status by way of BSE web page
The allotment status in Sona Comstar can also be checked by way of the BSE web page (https://www.bseindia.com/investors/appli_check.aspx). From this hyperlink, pick the concern variety as ‘equity’, and ‘Sona BLV Precision Forgings Ltd’ as the concern variety from the drop-down list, when it gets declared. Enter application quantity and PAN (permanent account quantity). In the last step, click on the search tab to view the status information.
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