July 22, 2024
New Delhi, India
IPO
Kataria Industries IPO allotment date: Investors of Kataria Industries IPO can check the allotment status today. The subscription status reached 393.87 times, and the shares granted will reflect in the allocation status. Listing on NSE SME is scheduled for July 24.
The allotment of shares for Kataria Industries IPO will be finalized today (Monday, July 22). Investors can check the Kataria Industries IPO allotment status on the registrar’s portal, Bigshare Services Pvt Ltd. The subscription period for Kataria Industries Ltd opened on Tuesday, July 16, and ended on Friday, July 19, with a subscription status of 393.87 times.
Investors can check the basis of allotment to see how many shares, if any, they were granted. Shares will be credited to the demat accounts of successful applicants on Tuesday, July 23. The refund process for those who did not get shares will also begin on Tuesday. Kataria Industries IPO listing date is set for Wednesday, July 24, on NSE SME.
To check the allotment status:
- Visit the Bigshare URL: https://ipo.bigshareonline.com/ipo_status.html
- Select “Kataria Industries IPO” from the list.
- Choose either “PAN Number, Beneficiary ID, or Application No./CAF No.”
- Click “Search.”
Kataria Industries IPO Details
The IPO, worth ₹54.58 crore, is purely an offer-for-sale of up to 5,685,000 equity shares. The net proceeds are intended for debt repayment, capital expenditure for machinery and plant, and general corporate objectives. Bigshare Services Pvt Ltd is the registrar, and Interactive Financial Services Ltd is the book running lead manager.
Kataria Industries IPO GMP Today
The grey market premium (GMP) for Kataria Industries IPO is +70, indicating the shares were trading at a premium of ₹70 in the grey market. The expected listing price is ₹166 apiece, which is 72.92% higher than the IPO price of ₹96.
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.