The much-awaited IPO (Initial Public Offering) of ECOS Mobility is now moving to its next important phase. Investors who participated in the IPO can check their allotment status today. how to check your status, and what the next steps are.
Before an IPO is officially listed on the stock exchange, its shares are sometimes traded unofficially in what is known as the grey market. The price difference between the IPO’s issue price and the price in the grey market is called the Grey Market Premium (GMP). For example, if the GMP is ₹161, it means the shares are trading ₹161 higher in the grey market than the IPO issue price. A high GMP indicates a strong interest in the shares.
How to Check Your Allotment Status Online
If you have applied for shares in the ECOS Mobility IPO, you can check the status of your application online through two main methods:
- On the BSE Website:
- Visit the BSE website.
- Select ‘Equity’ under the Issue Type.
- Choose ‘ECOS India Mobility & Hospitality Limited’ from the Issue Name dropdown menu.
- Enter your Application Number or PAN (Permanent Account Number).
- Verify by checking the “I am not a robot” box and click on Search.
- The status of your allotment will be displayed on the screen.
- On the Link Intime Website:
- Visit the Link Intime IPO registrar website.
- Choose ‘ECOS India Mobility & Hospitality Limited’ in the Select Company dropdown menu.
- Enter your details such as PAN, Application Number, DP ID, or Account Number.
- Click on Search.
- The status of the allotment will be displayed on the screen.
If you are allotted shares, you will receive a confirmation via email or SMS from the registrar, Link Intime India Pvt Ltd. The shares will be credited to your demat account by September 3. If you do not receive any shares, the refund will also be processed on the same day. You can then use this amount for other investments or wait for the next IPO opportunity.
Important Dates to Remember
- Allotment Date: September 2
- Shares Credited to Demat Account: September 3
- IPO Listing Date: September 4
On September 4, the shares of ECOS Mobility will be listed on both the BSE (Bombay Stock Exchange) and the NSE (National Stock Exchange). Investors can start trading the shares on this date.
The ECOS Mobility IPO has seen high demand, and its shares are currently trading at a premium in the grey market, indicating positive market sentiment. By following the steps above, you can easily check your allotment status and plan your next moves accordingly. Keep an eye on your email or SMS notifications to know if you have received shares, and be prepared for the listing on September 4, which could offer opportunities for trading based on the market conditions . It’s important to always research thoroughly before making any investment. Understand the company, its financials, market trends, and potential risks. This helps you make informed decisions and manage your investments wisely.