The wait is over for investors in the Ganesh Green Bharat IPO! As promised, the allotment of shares is happening today, July 10th, 2024. This means you can finally find out if you’ve been allotted any shares in this recently concluded IPO.
Here’s a quick guide to help you check your allotment status easily:
Step 1: Gather Your Information
Before you dive in, you’ll need a few things handy:
- PAN number (mandatory)
- Application number (provided during application)
- DP Client ID (provided by your broker)
Step 2: Choose Your Checking Method
There are two main ways to check your allotment status:
- Online: This is the most convenient option. You can visit the official registrar’s website, KFin Technologies ([KFin Technologies website]). On their website, they’ll have a section for IPO allotment status. There, you’ll be able to select “Ganesh Green Bharat” from the company name list and enter your PAN number, application number, or DP Client ID. Once you enter the details and click “Search,” you’ll be able to see if you’ve been allotted any shares.
- Offline: If you’re not comfortable using the online method, you can also check your allotment status through your bank or broker. They should be able to provide you with the information after you log in to your account.
Step 3: Understanding the Allotment Status
Once you check your status, you’ll see one of three possibilities:
- Allotted: Congratulations! You’ve been lucky enough to be allotted shares in the IPO. The allotment details will show you how many shares you’ve been assigned.
- Not Allotted: In this case, you won’t receive any shares in the IPO this time. No need to worry; more opportunities will come!
- Partially Allotted: This means you received some shares, but not the entire amount you applied for.
- Refunds: If you weren’t allotted any shares or received only a partial allotment, the amount you blocked for the application will be refunded to your bank account. This is expected to happen on July 11th, 2024.
- Demat Credit: If you are allotted shares, they will be credited to your Demat account by July 11th, 2024. Make sure you have an active Demat account to receive the shares.
- Listing Date: Mark your calendars! The Ganesh Green Bharat shares are expected to list on the NSE SME platform on July 12th, 2024. This is when you’ll be able to trade the shares you receive.
GMP, or Grey Market Premium, is an unofficial estimate of the price a stock might trade at when it lists for the first time. It’s important to remember that GMP is not a confirmed price and shouldn’t be solely relied upon for investment decisions.
Since the allotment results are just being finalized today, any GMP quotes you see might not be very accurate. It’s best to wait for the listing date to see the actual market price of the Ganesh Green Bharat shares.
We hope this guide helps you easily check your allotment status for the Ganesh Green Bharat IPO. Good luck!