The much-awaited IPO (Initial Public Offering) of Senores Pharmaceuticals Limited concluded its bidding process on December 24, 2024. Investors who applied for shares in this IPO are now eagerly waiting to know if they will be allotted shares. The allotment status is expected to be announced on December 26 or 27, 2024, and the company’s shares are likely to list on the stock exchanges on December 30, 2024.
The shares of Senores Pharmaceuticals IPO are anticipated to be listed on the stock exchange on December 30, 2024. After the allotment process is completed, the shares will be credited to the demat accounts of successful applicants by the evening of December 27, 2024. This means that investors will soon know if their application was successful.
Before the official allotment, the Grey Market Premium (GMP) for Senores Pharmaceuticals IPO has been trending at ₹242. The GMP is a non-official measure that shows the estimated price at which shares could be traded in the grey market. It suggests that the IPO shares could be listed at ₹633, which is ₹242 higher than the issue price of ₹391. This implies a potential listing gain of around 62% for successful applicants.
How to Check Senores Pharmaceuticals IPO Allotment Status
If you have applied for the Senores Pharmaceuticals IPO, you can easily check whether you have been allotted shares. You can check your allotment status in two primary ways:
- Check on BSE Website
You can visit the official site of the Bombay Stock Exchange (BSE) to verify the status of your allotment. Follow these simple steps:- Go to the BSE allotment status page by clicking on this link: BSE Allotment Status.
- Choose ‘Equity’ as the issue type.
- Select ‘Senores Pharmaceuticals Limited’ from the list.
- Enter your application number or PAN number.
- Select the “I’m not a robot” checkbox and then click on “Search” to proceed.
- Your allotment status will appear on the screen.
- Check on Link Intime Website
Link Intime is the registrar for the IPO. You can go to their official website to verify your allotment status.- Visit the Link Intime allotment status page: Link Intime Allotment Status.
- Select ‘Senores Pharmaceuticals Limited’ from the company list.
- Choose either PAN number, application number, DP/Client ID, or Account Number.
- Click ‘Submit.’
- The allotment status will appear on the screen.
If you are fortunate enough to receive shares, they will be deposited into your demat account. The listing is scheduled for December 30, 2024, and this will mark the official debut of Senores Pharmaceuticals on the stock exchanges. Keep an eye on the stock market for the official listing price, and check your demat account for the credited shares.
The Senores Pharmaceuticals IPO has generated a lot of buzz among investors due to its promising GMP, indicating strong market expectations. While GMP gives an indication of potential gains, it is essential for investors to make decisions based on careful research and understanding of the stock market. Always remember, investing in IPOs involves risk, and past performance or trends like GMP are not a guarantee of future performance.
With the allotment date fast approaching, investors should be prepared to check their allotment status and stay informed about the upcoming listing.
