The allotment for the Chetana Education Initial Public Offering (IPO) is set to be finalized today, Monday, July 29, 2024. Investors who applied for the Chetana Education IPO can now check their allotment status to see if they have been allocated shares.
To find out the status of your Chetana Education IPO allotment, follow these steps:
- Visit the Registrar’s Website: Go to Link Intime India Private Limited’s website, the registrar for the Chetana Education IPO, at Link Intime IPO Allotment.
- Select the Chetana Education IPO from the dropdown menu.
- Enter your Application Number, PAN, or Demat Account details.
- Choose your application type (non-ASBA or ASBA).
- Provide the required information and complete the captcha.
- Click “Submit” to view your allotment status.
The Grey Market Premium (GMP) for the Chetana Education IPO is ₹43, indicating a higher demand for the shares in the grey market before the official listing. With the IPO price at ₹85, the estimated listing price, based on the current GMP, is around ₹128. This suggests a significant premium over the issue price, reflecting positive investor sentiment.
Key Dates and Refund Information
- Allotment Status: Available on the registrar’s website today.
- Refund Process: For those not allotted shares, refunds will be processed on July 30, 2024.
- Shares Credit: Shares will be credited to Demat accounts on July 30, 2024.
- Listing Date: Chetana Education shares are expected to be listed on July 31, 2024.
The Chetana Education IPO was open for subscription from July 24 to July 26, 2024, and was oversubscribed by 196.87 times on the last day.
Investors should check their allotment status today and be prepared for the shares to be listed on July 31, 2024.