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Business News/ Markets / Stock Markets/  Piotex Industries IPO allotment to be finalised today: Here's how to check allotment status as focus shifts to listing
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Piotex Industries IPO allotment to be finalised today: Here's how to check allotment status as focus shifts to listing

Piotex Industries IPO: The allotment to the issue is to be out soon. Here's how to check allotment status as focus shifts to listing on the BSE SME on Friday, 17, May, 2024. The issue closed for subscription on 14 May'2024 after opening on Friday, May 10

Piotex Industries IPO opened for subscription on May 10 and closes on May 14. (Photo: Company Website)Premium
Piotex Industries IPO opened for subscription on May 10 and closes on May 14. (Photo: Company Website)

Piotex Industries IPO:  The allotment for the issue that received a strong response is likely to be finalised soon. The SME IPO that opened for subscription on Friday, 14 May 2024, had been subscribed 107.44 times, with retail portion being subscribed more than 93 times by closing day on 14 May 2024.

The Cameo Corporate Services is the IPO registrar and hence investors can check for allotment of Piotex Industries shares on the the official site of Cameo Corporate Services or the BSE Site-

Also Read- Mandeep Auto Industries IPO: Check latest GMP, subscription status on day 3, other details

Here's how to check the status of allotment

For investors who have applied for the Piotex Industries IPO, they can go to check the allotment status on the website of Cameo Corporate Services, the IPO registrar or on the BSE.

  1. Visit the official website of Cameo Corporate Services https://ipo.cameoindia.com/

2. Look for and locate the "Check Application Status" section and thereafter please select the company from the drop-down menu. Choose "Piotex Industries Limited" (the name will become visible as and when the allocation is confirmed).

3. Select one of the options, namely - either the Application number or the Demat Account number, or the PAN ID.

5. Enter either your application number, PAN, or DPID as required and Captcha thereafter.

Also Read- Veritaas Advertising IPO: Issue booked over 616 times on day 3 so far, retail portion sees huge demand. Check latest GMP

Similarly investors may also check allotment status on the BSE website.

Go to the BSE website.

Step 1- to check the status of your application login to the BSE Link

https://www.bseindia.com/investors/appli_check.aspx

Step2- Locate and Select ‘Equity’ and then from the dropdown, select the issue name.

Step 3- Following selection of issue name investors need enter their PAN card number or application number.

Thereafter Click on the "Search" button. 

Also read-Peak XV-backed Awfis Space Solutions IPO to announce price band tomorrow; Check out 10 key things to know from RHP

Grey Market Premium or GMP-

The Piotex Industries IPO GMP, or grey market premium, was 30, according to investorgain.com. This means that shares were trading at their issue price of 124 with a 31.91% premium in the grey market.

The readiness of investors to part with more money than the issue price is indicated by a "grey market premium".

Additionally, it indicates that investors anticipate no appreciable listing gains or losses and that the Piotex Industries share price will list at the issue levels.

 

 

 

 

 

 

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Published: 15 May 2024, 05:19 PM IST
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