Cello World IPO allotment date: Cello World IPO share allotment has been scheduled to take place on Monday, November 6. The investors who applied for the issue can check Cello World IPO allotment status in the registrar's portal, which is Link Intime India Private Ltd.
Investors can find out if and how many shares they have been given through the basis of allotment. The number of shares allotted can also be seen in the IPO allotment status. The company will initiate the refund process for applicants not given shares. Those allotted will receive their shares in their demat accounts.
Tentative Cello World IPO listing date has been fixed for Thursday, November 9 on NSE and BSE. If the company switches to T+3 norms the listing date could be before the schedule. So far, Cello World IPO refund is scheduled to take place on Tuesday, November 7, and the shares will be credited to demat account on Wednesday, November 8.
If you applied for the shares, here's how you can check allotment status of Cello World IPO.
If you have applied for the Cello World IPO, you can check your Cello World IPO allotment status immediately on the website of the IPO registrar, Link Intime India Private Ltd. You can check Cello World IPO allotment status of your application on below link - Cello World IPO allotment link - https://linkintime.co.in/MIPO/Ipoallotment.html
Visit the above link which will take you to Cello World IPO 's registrar's website i.e Link Intime India Private Ltd.
Choose the IPO in the dropbox that will only have its name set in if the allocation is completed.
Pick one of all three options to check the status: Application No, Demat Account, or PAN.
Choose between ASBA and non-ASBA under application type.
Include the information for the mode you choose in Step 2.
Click submit after filling out the captcha.
Visit allotment page on BSE's official website- Cello World IPO allotment status check online - https://www.bseindia.com/investors/appli_check.aspx
Under 'Issue Type', select 'Equity'.
Choose the IPO from the drop-down option under 'Issue Name'.
Enter PAN or application number.
Click 'I am not a Robot' to confirm your identity, then click the 'Submit' button.
Visit NSE's official website- Cello World IPO allotment status check online NSE- https://www1.nseindia.com/products/dynaContent/equities/ipos/ipo_login.jsp
By selecting the 'Click here to sign up' option on the NSE website, one must register with PAN.
Enter user name, password, and captcha code.
Check IPO allotment status on the new page that will open.
On the last day of bidding, the Cello World IPO was subscribed 38.90 times, with the lead subscription coming from Non Institutional Investors (NIIS) and Qualified Institutional Buyers (QIBs). At a price band of ₹617-648, the issue got bids of 85,83,10,665 shares against the offered 2,20,61,947 equity shares, according to the data available on the stock exchanges.
While the retail portion was subscribed 3.06 times, the QIBs and NIIs section was subscribed 108.57 times and 24.42 times, respectively. Employee portion was subscribed 2.60 times.
Cello World IPO GMP today or grey market premium is +160. This indicates Cello World share price were trading at a premium of ₹160 in the grey market on Thursday, according to investorgain.com.
Considering the upper end of the IPO price band and the current premium in the grey market, the estimated listing price of Cello World share price was indicated at ₹808 apiece, which is 24.69% higher than the IPO price of ₹648.
On last 11 sessions grey market activities, today IPO GMP points upward and expects a strong listing. The lowest GMP is ₹0, while the highest GMP is ₹160, according to investorgain.com analysts.
'Grey market premium' indicates investors' readiness to pay more than the issue price.
Disclaimer: The views and recommendations above are those of individual analysts, experts and broking companies, not of Mint. We advise investors to check with certified experts before making any investment decisions.
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