Muthoot Microfin IPO Allotment and Details

Muthoot Microfin IPO Allotment and Details

VoM News Desk | December 21, 2023 | 01:46 PM IST | Breaking News | Follow on Google News

Muthoot Microfin IPO Allotment and Details

Muthoot Microfin IPO Allotment and Details

Allotment Date: Muthoot Microfin IPO share allotment will be finalized today, December 21. Investors can check their allotment status on Kfin Technologies Ltd, the registrar’s portal.

Allotment Status Check:

• To check the allotment status, investors can visit the registrar’s website and input details like Application No, Demat Account, or PAN.
• The IPO registrar’s link for checking allotment status is: Kfin Technologies IPO Allotment Status

Listing Date: The company’s IPO is set to be listed on Tuesday, December 26.

Grey Market Premium (GMP): Muthoot Microfin IPO’s current grey market premium is +20, slightly lower than the previous day’s +22. This indicates a premium of ₹20 in the grey market, suggesting the potential listing price could be around ₹311 per share, approximately 6.87% higher than the IPO price of ₹291.

Steps to Check Allotment Status:

• On BSE’s official website BSE Allotment Page, select ‘Equity’ under ‘Issue Type’ and choose the IPO from the drop-down list.
• Enter PAN or application number.

For NSE Allotment Status:

• Visit NSE’s official IPO login page to sign up using your PAN.
• Enter your username, password, and captcha code to check the allotment status.

The grey market premium reflects the investor sentiment towards the IPO and indicates a willingness to pay more than the issue price. It’s an estimation of potential listing prices.

Muthoot Microfin IPO Allotment and Details:In case of rectification of any error in this Article, Visit on Correction Policy or Register your Query

VoM News Desk

VoM News is an online web portal in jammu Kashmir offers regional, National & global news.