Investors who applied for the Unicommerce eSolutions IPO will know their fate today. The allotment status for the much-awaited public issue is expected to be finalized on Friday, August 9, 2024.
Unicommerce eSolutions, a company that helps businesses sell their products online, had opened its IPO for subscription between August 6 and August 8. The issue was oversubscribed by a huge margin, indicating strong investor interest.
How to Check Allotment Status? Investors can check their allotment status in a few ways:
- Through the IPO Registrar: Link Intime India is the registrar for the Unicommerce eSolutions IPO. You can check the allotment status on their website.
- Bombay Stock Exchange (BSE) website: Investors can visit the BSE website to find out if they got shares.
If you get an allotment, the shares will be credited to your Demat account on August 12, 2024. If you don’t get an allotment, the money you paid for the IPO will be refunded to your bank account on the same day.
Unicommerce eSolutions IPO Listing The shares of Unicommerce eSolutions are expected to be listed on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) on Tuesday, August 13, 2024.
GMP stands for Grey Market Premium. It is the difference between the expected listing price of a share and its issue price. A high GMP is generally seen as a positive indicator, but it doesn’t guarantee good listing gains.
Important Dates:
- IPO Open: August 6-8, 2024
- Allotment: August 9, 2024
- Refund/Credit of Shares: August 12, 2024
- Listing: August 13, 2024
Investors should note that past performance is not indicative of future results. It is important to do thorough research before investing in any IPO.