October 22, 2024
New Delhi, India
Lakshya Powertech IPO
Lakshya Powertech’s IPO allotment has been finalised following a massive subscription of 573.36 times, with shares to be credited to demat accounts on October 22. The ₹49.91 crore IPO, open from October 16 to 18, saw overwhelming demand from non-institutional buyers, retail investors, and qualified institutional buyers.
Key Details:
- IPO Size: ₹49.91 crore
- Subscription: 573.36 times
- Categories:
- Non-institutional buyers: 1,117.75 times
- Retail investors: 590.26 times
- Qualified institutional buyers: 212.18 times
- Price Range: ₹171 to ₹180 per share
- Minimum Lot Size: 800 shares
Allotment & Refund Dates:
- Allotment Date: October 22
- Refunds for Unsuccessful Applicants: October 22
How to Check Allotment Status:
- On KFintech:
- Visit KFintech’s website and select “Lakshya Powertech Limited.”
- Enter your Application Number, Demat Account, or PAN and submit.
- On NSE:
- Visit the NSE website, log in, and select “Lakshya Powertech.”
- Enter your IPO application number and PAN details to check allotment.
Lakshya Powertech IPO GMP:
The grey market premium (GMP) for Lakshya Powertech indicates a strong listing. With a premium of ₹190 per share, over the issue price of ₹180, shares could list around ₹370, offering a 105.56% gain for investors.
Disclaimer:
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