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Business News/ Markets / Ipo/  MVK Agro Food Product IPO allotment finalised today; 4 steps to check status
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MVK Agro Food Product IPO allotment finalised today; 4 steps to check status

MVK Agro Food Product IPO allotment has been finalised today. Check status on Mas Services Limited portal. Subscription rate 8.46 times on Day 3.

MVK Agro Food Product IPO share allotment will be finalised today (Tuesday, March 5). (https://mvkagrofood.com/)Premium
MVK Agro Food Product IPO share allotment will be finalised today (Tuesday, March 5). (https://mvkagrofood.com/)

MVK Agro Food Product IPO allotment date: The MVK Agro Food Product IPO share allotment has been finalised today (Tuesday, March 5). The investors who applied for the issue can check MVK Agro Food IPO allotment status on the registrar's – Mas Services Limited – portal.

The MVK Agro Food Product IPO opened for subscription on Thursday, February 29, and closed on Monday, March 4. MVK Agro Food Product IPO subscription rate was 8.46 times on Day 3.

Also Read: M.V.K. Agro Food Product IPO: Day 2 subscription status, GMP and other details

Investors can find out if they have been given shares 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 who were not given shares on Wednesday, March 6. Those allotted will receive their shares in their demat accounts on the same day.

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MVK Agro Food Product IPO listing date is Thursday, March 7.

Here's how one could do a MVK Agro Food Product IPO allotment status check: Visit the official website of Mas Services Ltd at https://www.masserv.com/opt.asp

Step 1

If you have applied for the MVK Agro Food Product IPO , you can do check the allotment status check on the website of the IPO registrar, which is Mas Services Ltd.

Step 2

Locate the "Check Application Status" section, and from the drop-down menu, choose "MVK Agro Food Product IPO " (the name will be visible once the allocation is confirmed).

Step 3

Select either the Application number, Demat Account number, or PAN ID.

Step 4

Enter your application number, PAN, or DPID as required.

Also Read: M.V.K. Agro Food IPO to open on February 29: Check key dates, price band, other details

MVK Agro Food IPO GMP today

MVK Agro Food IPO GMP or grey market premium is +5. This indicates MVK Agro Food share price was trading at a premium of 5 in the grey market, according to investorgain.com.

Considering the upper end of the IPO price band and the current premium in the grey market, MVK Agro Food IPO is expected to list at 125 apiece, which is 4.17% higher than the IPO price of 120.

Also Read: Exicom Tele-Systems share price makes a bumper debut, stock opens with 86.62% premium at 265 on NSE

Based on last 12 sessions grey market activities, the current GMP ( 5) is showing signals towards the lower side. The lowest GMP is 0, while the highest GMP is 30, according to investorgain.com analysts.

'Grey market premium' indicates investors' readiness to pay more than the issue price.

Also Read: Mukka Proteins IPO allotment: Here's how to check allotment status; GMP jumps ahead of listing

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 decision.

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Published: 05 Mar 2024, 11:18 AM IST
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