Om Power Transmission IPO Allotment Status Finalized Today
Om Power Transmission IPO allotment in focus today; latest GMP, 6 steps to check status
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The allotment status for the Om Power Transmission IPO will be finalized today, April 15. Investors can check their status on the MUFG Intime India Private Ltd registrar portal. The IPO, which opened on April 9 and closed on April 13, has a grey market premium of +4.5, indicating a potential listing price of ₹179.5.
- 01The IPO allotment will be finalized today, April 15.
- 02The grey market premium (GMP) for the IPO is +4.5.
- 03The estimated listing price is ₹179.5, reflecting a 2.57% increase over the IPO price.
- 04The IPO was oversubscribed 3.33 times, indicating strong market demand.
- 05Refunds for unsuccessful applicants will begin on April 16.
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The allotment of shares for the Om Power Transmission IPO will be finalized today, April 15. Investors who applied can check their allotment status through the MUFG Intime India Private Ltd registrar portal. The IPO was open for subscription from April 9 to April 13 and has generated a grey market premium (GMP) of +4.5, suggesting a potential listing price of ₹179.5, which is 2.57% higher than the IPO price of ₹175. The IPO was oversubscribed 3.33 times, reflecting positive demand from investors. For those who do not receive shares, the refund process will commence on April 16, while allotted shares will be credited to demat accounts on the same day. Investors can check their allotment status using various methods, including the registrar's website and the official BSE and NSE platforms.
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The strong demand for the Om Power Transmission IPO may indicate positive market sentiment, potentially benefiting investors looking for profitable listings.
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