Today marks the final day for the Clinitech Laboratory Limited Initial Public Offering (IPO) allotment process. Investors who applied for the IPO are now eagerly awaiting news on whether they have been allotted shares. This article provides a step-by-step guide on how to check your allotment status and what to expect next.
Clinitech Laboratory Limited’s IPO was open for subscription from July 25 to July 29, 2024. The company offered 6.02 lakh shares at an issue price of ₹96 per share, aiming to raise ₹5.78 crores. The subscription was highly popular, with the IPO being oversubscribed 38.96 times by the end of the third day, according to data from Chittorgarh.com.
How to Check Your Allotment Status
Investors can check their IPO allotment status through two main platforms:
1. Bigshare Services Portal
- Go to the Bigshare Services website: Bigshare Services IPO Status.
- Select “Clinitech Laboratory IPO” from the list of firms.
- Enter your PAN Number, Beneficiary ID, or Application Number.
- Click “Search” to view your allotment status.
2. BSE Website
- Visit the BSE allotment status page: BSE IPO Status.
- Select ‘Equity’ under ‘Issue Type’.
- Choose ‘Clinitech Laboratory’ from the ‘Issue Name’ drop-down menu.
- Enter your application number or PAN.
- Click ‘Submit’ to see your status.
If you are allotted shares, they will be credited to your Demat account by Wednesday, July 31, 2024. For those who did not receive shares, the refund process will begin on the same day.
The Clinitech Laboratory IPO is scheduled to list on the BSE SME platform on August 1, 2024. This is when the shares will start trading publicly.
The Grey Market Premium (GMP) for the Clinitech Laboratory IPO today is ₹0, which means shares are trading at their issue price of ₹96 with no additional premium or discount in the grey market. This suggests that there has been no significant movement in share prices in the grey market over the past 15 sessions.
Investors who participated in the Clinitech Laboratory IPO can now check their allotment status using the Bigshare Services website or the BSE portal. The IPO was highly oversubscribed, and shares will be credited to Demat accounts on July 31, with the listing on August 1. Stay tuned for further updates on the IPO’s performance and market activity.