Aluwind Architectural Limited IPO Allotment Date & Listing Details

Aluwind Architectural Limited IPO Allotment Date & Listing Details/Pixabay

VoM News Desk | April 5, 2024 | 06:41 PM IST | Breaking News | Follow on Google News

Aluwind Architectural Limited IPO Allotment Date & Listing Details

Aluwind Architectural Limited IPO Allotment Date & Listing Details

The allotment date for Aluwind Architectural Limited IPO is set for today, April 5th. Investors can check their allotment status on the registrar’s website, Skyline Financial Services Private Ltd.

The IPO witnessed a subscription of 8.19 times during its five-day subscription period, with a price band of ₹45 per share. Investors could bid for a minimum of 3,000 shares and in multiples thereof.

Allotment Process & Refund, Listing Date & Procedure

Investors can review the basis of allocation to see if and how many shares they have been allocated. Shares will be credited to their demat accounts, while the refund process for those not allotted shares will begin on April 8th.

The IPO is scheduled to be listed on Tuesday, April 9th, on NSE SME. Investors can check their allotment status on Skyline Financial Services Private Ltd’s website using PAN, Demat Account, or Application No.

Checking Allotment Status & Grey Market Premium & Expected Listing Price

• Visit Skyline Financial Services Private Ltd’s website.
• Select the Aluwind Architectural Limited IPO from the dropdown menu.
• Enter PAN, Demat Account, or Application No., then click “Submit” to check allotment status.

The grey market premium (GMP) for Aluwind Architectural IPO is currently at +4, indicating a premium of ₹4 in the grey market. The expected listing price is ₹49 per share, 8.89% higher than the IPO price of ₹45.

Analyst Insights

According to investorgain.com, the GMP has been trending downward, with a range of ₹0 to ₹10 during the previous sixteen sessions. Grey market premium reflects investor sentiment and willingness to pay above the issue price.

VoM News Desk

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