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Business News/ Markets / Ipo/  Naman In-Store IPO allotment finalised today: Check latest GMP, key dates, 4 steps to check status
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Naman In-Store IPO allotment finalised today: Check latest GMP, key dates, 4 steps to check status

Naman In-Store IPO share allotment finalisation scheduled for today. Investors can verify allotment status on Bigshare Services Pvt Ltd website. Refund process for unallocated shares to start soon. Naman In-Store IPO listing on NSE SME set for April 2.

 Naman In-Store IPO share allotment is scheduled to be finalised today (Thursday, March 28). (https://www.namaninstore.com/)Premium
Naman In-Store IPO share allotment is scheduled to be finalised today (Thursday, March 28). (https://www.namaninstore.com/)

Naman In-Store IPO allotment date: Naman In-Store IPO share allotment has been finalised today (Thursday, March 28). By visiting the registrar's website, Bigshare Services Pvt Ltd, investors who applied for the issue may verify the Naman In-Store IPO allotment status today.

Investors may look to the basis of allotment to check if and how many shares they have been allotted. The IPO allocation status also shows how many shares were granted. For those who applied but did not receive shares, the company will start the refund process. The shares allocated to them will be credited into their demat accounts.

The demat account of individuals who received shares will be credited on Monday, April 1. The refund process will also start on Thursday, as soon as today's allocation is finalised.

Also Read: Naman In-Store (India) IPO oversubscribed on Day 3, retail, NII steals the show; check latest GMP, review, more

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Naman In-Store IPO listing date is fixed for Tuesday, April 2 on NSE SME.

If you have applied for the Naman In-Store IPO, you can do a Naman In-Store IPO allotment status check immediately on the website of the IPO registrar, Bigshare Services Pvt Ltd - https://ipo.bigshareonline.com/ipo_status.html

Step 1

Login at direct Bigshare link — https://ipo.bigshareonline.com/ipo_status.html - Naman In-Store IPO allotment link

Step 2

Select "Naman In-Store IPO " in company name section.

Step 3

Select 'Application No/CAF No or Beneficiary ID or PAN Number.

Step 4

Click at 'Search'

Your Naman In-Store IPO will be available on your computer monitor on the display of your cell phone.

Also Read: Naman In-Store (India) IPO: Price band, issue size, other key details to know

Naman In-Store IPO subscription status

Naman In-Store IPO subscription status was 309.03 times, on the third day, with retail portion subscribed 328.80 times, non-institutional buyers booked 528.12 times, and qualified institutions buyers portion subscribed 109.75 times, as per data available on the chittorgarh.com.

On the first day, the issue was booked 16.32 times and second day it was subscribed 71.27 times. 

Also Read: SRM Contractors IPO last bidding day today: Should you subscribe or not? Check GMP, subscription status, other details

Naman In-Store IPO details

With a face value of 10, the Naman In-Store IPO is a fresh issue of 28,48,000 equity shares, valued at about 25.35 crore. It's an entirely fresh issue with no offer-for-sale component.

The business plans to use the offering's proceeds to support capital expenditures for leasing property at Butibori, MIDC, where it plans to relocate its current manufacturing activities, general corporate purposes, and the development of a factory facility.

Bigshare Services Pvt Ltd is the registrar for the Naman In-Store (India) IPO, while GYR Capital Advisors Private Limited is the book running lead manager.

Naman In-Store IPO GMP today

Naman In-Store IPO grey market premium is +45. This indicates Naman In-Store share price were trading at a premium of 45 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, the estimated listing price of Naman In-Store share price was indicated at 134 apiece, which is 50.56% higher than the IPO price of 89.

Today's IPO GMP points down and is expected to decrease further based on the activity of the gray market during the past 11 sessions. Analysts at investorgain.com estimate that the lowest GMP is 45 and the maximum GMP is 70.

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

Also Read: PN Gadgil Jewellers files DRHP with SEBI to raise 1,100 crore via IPO; check details

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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Published: 28 Mar 2024, 12:30 PM IST
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