Aimtron Electronics, a company in the electronics industry, is in the spotlight today as the allotment status for its Initial Public Offering (IPO) is expected to be released. This means investors who applied for shares during the subscription period will finally find out if they’ve been allocated any.

Aimtron Electronics IPO Allotment Details

  • Allotment Date: Today, June 4, 2024
  • Basis of Allotment Finalization: Today, June 4, 2024
  • Demat Credit & Refund Initiation: June 5, 2024
  • Listing Date: June 6, 2024 (on NSE SME)

GMP, or Grey Market Premium, is an unofficial estimate of the price a stock might trade at when it debuts on the stock exchange. It’s important to note that GMP is not an exact science and shouldn’t be solely relied upon for investment decisions. However, it can give investors a rough idea of market sentiment surrounding the IPO.

Checking Your Allotment Status

If you applied for shares in the Aimtron Electronics IPO, you can check your allotment status online later today. Here’s how:

  1. Visit the Link Intime India Private Ltd. website, which is the registrar for the IPO. (https://www.linkintime.co.in/)
  2. On the website, find the section for IPO allotment status.
  3. Select “Aimtron Electronics Limited” from the company list.
  4. Choose how you want to check your status – by PAN number, application number, or DP ID (linked to your demat account).
  5. Enter the details you selected and click “Submit.”
  6. The website will display your allotment status, indicating whether you received any shares or not.

What Happens Next?

  • If you’ve been allotted shares:
    • The shares will be credited to your demat account by June 5, 2024.
    • You can then trade these shares once the company lists on the NSE SME platform on June 6, 2024.
  • If you haven’t been allotted any shares:
    • The application money you paid will be refunded to your bank account by June 5, 2024.

Remember:

  • This is just a basic overview. It’s always wise to consult with a financial advisor before making any investment decisions.
  • The stock market can be volatile, so invest wisely and only with what you can afford to lose.

By Bhoi Smrutirekha Dharanidhar

Smrutirekah is a finance enthusiast with a background in financial planning. Her passion for money management drives her to share practical tips and insights on this blog, empowering readers to take control of their finances. With clear, actionable advice, she helps oth

Leave a Reply

Your email address will not be published. Required fields are marked *