The NeoPolitan Pizza and Foods Ltd Initial Public Offering (IPO) attracted strong interest, especially from retail investors. As the subscription period has ended, many investors are now eagerly waiting for the allotment of shares, which is likely to happen today, October 7. NeoPolitan Pizza and Foods Ltd, known for its growing restaurant chain, offered its shares to the public in an SME IPO, and these shares are expected to be listed on the BSE SME exchange.
Key Details About the NeoPolitan Pizza IPO
The IPO of NeoPolitan Pizza and Foods Ltd was open for subscription from September 30 to October 4, 2024. The company offered 60 lakh shares at a price band of ₹20 per share, raising ₹12 crore through the public issue. The IPO received a tremendous response, with an overall subscription of 32.72 times. The retail portion of the IPO saw the highest interest, being subscribed 42.62 times, while the Other category was subscribed 20.72 times.
The allotment of shares is expected to be finalized today, and investors are keen to know if they have received their allotment.
Steps to Check NeoPolitan Pizza IPO Allotment Status
You can quickly check the status of your NeoPolitan Pizza IPO allotment online by visiting the official website of the IPO registrar, Bigshare Services Pvt Ltd, or through the BSE website. Follow these simple steps to check your allotment:
Step-by-Step Guide to Check Allotment on Bigshare Services:
- Visit the Registrar’s Website: Go to Bigshare Services’ IPO Status page.
- Select NeoPolitan Pizza IPO: In the dropdown menu, choose ‘NeoPolitan Pizza and Foods Ltd.’
- Choose a Search Option: Select one of the following options: Application Number, Beneficiary ID, or PAN (Permanent Account Number).
- Enter Your Details: Depending on your chosen option, input your application number, ID, or PAN.
- Captcha Code: Enter the captcha code for security verification.
- Click Search: Press the ‘Search’ button, and your allotment status will be displayed on the screen.
Alternatively, you can check the allotment status on the BSE website by visiting BSE IPO Status.
The Grey Market Premium (GMP) reflects investor demand in the unlisted market. Currently, NeoPolitan Pizza shares are seeing no premium in the grey market. As of today, the GMP for NeoPolitan Pizza IPO is ₹0, meaning there is neither a premium nor a discount on the shares before they are listed.
Important Dates and Next Steps
- Allotment Date: The allotment of shares is likely to be finalized today, October 7.
- Refunds: If you do not receive an allotment, your refund process will begin shortly after the allotment is announced. The refund will be sent straight to your bank account.
- Listing Date: NeoPolitan Pizza shares are expected to be listed on the BSE SME exchange on October 9. Investors who received shares during the IPO can trade them on the exchange starting that day.
NeoPolitan Pizza has attracted strong interest due to its expansion plans and growing popularity as a restaurant chain. Investors can now look forward to the allotment of shares and potential trading opportunities once the shares are listed on the stock exchange.
By following the steps mentioned, investors can easily check the allotment status and stay updated on the listing details. Remember, always conduct thorough research before investing in any IPO to ensure you make well-informed decisions.
