February 18, 2024
Shree Marutinandan Tubes IPO Allotment Update
Finance Stock Markets Trading

Shree Marutinandan Tubes IPO Allotment Update

Shree Marutinandan Tubes IPO Allotment Update

Shree Marutinandan Tubes IPO Allotment Update

The allotment date for Shree Marutinandan Tubes IPO is today, and investors can check their IPO allotment status on the Bigshare Services Pvt Ltd portal. Here are the steps to check the Shree Marutinandan Tubes IPO allotment:

  1. Visit the Bigshare Services IPO status page: Shree Marutinandan Tubes IPO Allotment Link
  2. Select “Shree Marutinandan Tubes IPO” in the company name section.
  3. Choose the application type – “Application No/CAF No or Beneficiary ID or PAN Number.”
  4. Enter the required details.
  5. Click on “Search” to view your IPO allotment status.

The Shree Marutinandan Tubes IPO received positive responses during its subscription period, with an overall subscription of 47.16 times on day 3. Retail investors showed strong interest with a subscription of 59.71 times their reserved portion.

Investors are advised to check their allotment status and the number of shares allocated. Those allotted shares will receive them in their demat accounts, while the refund process will be initiated for applicants who were not allotted any shares.

Please note that the grey market premium (GMP) for Shree Marutinandan Tubes IPO is +12, suggesting a premium of ₹12 in the grey market. This could impact the stock’s listing price.

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