The much-anticipated Ganesh Infraworld IPO, which closed for subscription on December 3, 2024, is nearing the final stages of allotment. Investors who participated in the IPO are eagerly awaiting the announcement of the allotment results. If you’re one of them, here’s how you can check your allotment status online.
How to Check Ganesh Infraworld IPO Allotment Status
There are two main ways for investors to check the allotment status of the Ganesh Infraworld IPO: through the registrar’s website or the NSE website.
1. Via Link Intime India Pvt Ltd (Registrar)
The registrar for the Ganesh Infraworld IPO is Link Intime India Private Ltd. To check your allotment status on their website, follow these steps:
- You can visit the official website of Link Intime India at https://linkintime.co.in/initial_offer/public-issues.html for more details.
- Choose “Ganesh Infraworld” from the “Select IPO” dropdown menu (the company name will be visible once the allotment process is finalized).
- Choose your preferred option (Application Number, PAN Number, Demat Account Number, or Account Number/IFSC code).
- Fill in the necessary information based on your chosen option.
- Click the “Submit” button. After verification, your IPO allotment status will be displayed.
2. Via the NSE Website
You can also check the allotment status on the NSE website by following these steps:
- Go to the NSE IPO page at https://www.nseindia.com/products/dynaContent/equities/ipos/ipo_login.jsp.
- Log in with your username and password. If you are not registered yet, sign up by providing the required details.
- From the dropdown menu, select “Ganesh Infraworld”.
- Enter your PAN number and application number, and click “Submit” to view your allotment status.
As the IPO’s listing date approaches, the Grey Market Premium (GMP) of Ganesh Infraworld shares has been a key focus. The GMP refers to the price at which the shares are traded unofficially in the grey market before their official listing on the exchange.
Currently, the GMP for the Ganesh Infraworld IPO is ₹78, which means shares are being traded ₹78 higher than the issue price in the grey market. Based on this, the shares may list at around ₹161, which is nearly 94% above the issue price of ₹83.
The rise in GMP suggests strong interest from investors, indicating that the stock could see a favorable listing. However, it is important to note that GMP is not a definitive predictor of how the stock will perform after listing. The stock’s future movement can be influenced by various factors, including market conditions, investor sentiment, and the company’s financial standing.
Ganesh Infraworld IPO is expected to list on the NSE SME platform on December 6, 2024. This is the day investors can begin trading their shares. As the listing date nears, excitement among investors continues to grow, with many looking closely at the GMP to gauge the stock’s potential.
With the listing date approaching, investors are encouraged to stay informed about any developments and to carefully evaluate the risks and rewards associated with their investments. It’s important to do thorough research and consider all relevant factors before making any decisions.
