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VVIP Infratech IPO Allotment to be Finalised Today; How to Check Status - CurrencyVeda
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VVIP Infratech IPO Allotment to be Finalised Today; How to Check Status

Australian Premium

July 26, 2024

New Delhi, India

IPO Watch

VVIP Infratech IPO Allotment Date: The VVIP Infratech IPO share allotment will be finalised today, Friday, July 26. Investors who applied for the IPO can check their allotment status on the registrar’s portal, Maashitla Securities Private Ltd. The VVIP Infratech IPO was highly subscribed, with a final subscription status of 236.92 times on the last day.

Checking Your Allotment: Investors can review the basis of allocation to determine if and how many shares they have been allotted. The IPO allotment status will also display the number of shares allotted. For applicants who did not receive shares, the refund process will begin. Those allotted shares will have their demat accounts credited.

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Important Dates:

  • Credit to Demat Accounts: Monday, July 29
  • Refund Process Initiation: Monday, July 29

Steps to Check VVIP Infratech IPO Allotment Status on BSE:

  1. Visit the Allotment Page: Go to BSE’s official allotment page here.
  2. Select Issue Type: Under ‘Issue Type’, choose ‘Equity’.
  3. Select Issue Name: Choose ‘VVIP Infratech’ from the drop-down menu under ‘Issue Name’.
  4. Enter Details: Enter your PAN or application number.
  5. Confirm Identity: Click ‘I am not a Robot’ to verify your identity, then click the ‘Submit’ button.

VVIP Infratech IPO GMP Today: The VVIP Infratech IPO Grey Market Premium (GMP) is +95. This suggests that VVIP Infratech shares are trading at a premium of ₹95 in the grey market, according to investorgain.com. Based on the upper end of the IPO price band and the current GMP, the estimated listing price of VVIP Infratech shares is ₹188 apiece, which is 102.15% higher than the IPO price of ₹93. The GMP reflects investors’ willingness to pay more than the issue price, indicating strong demand and positive sentiment.

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Disclaimer:

CurrencyVeda provides this news article for informational purposes only. We do not offer investment advice or recommendations. Before making any investment decisions, please conduct thorough research, consult with financial experts, and carefully consider your financial situation, risk tolerance, and investment goals. Investing in the stock market carries risks, and it’s essential to make informed choices based on your individual circumstances. CurrencyVeda is not liable for any actions taken based on the information provided in this article.