The NACDAC Infrastructure IPO has created a lot of excitement among investors, and the much-awaited allotment is set to be finalized today, December 20, 2024. For those who applied for this IPO, it’s time to check if the shares have been allotted to you. Here’s everything you need to know about the allotment process, how to check your status, and other important details.
How to Check NACDAC Infrastructure IPO Allotment Status
If you want to know whether you have been allotted shares in the NACDAC Infrastructure IPO, follow these simple steps:
- Visit the Registrar’s Website: Go to the official website of the registrar, Maashitla Securities Private Ltd. You can verify your allotment status here.
- Find the IPO Allotment Link: On the homepage, look for the link that says “IPO Allotment Status.” This will direct you to the page where you can check your status.
- Enter Your Details: You will need to provide your PAN number, application number (DPID), and client ID. Make sure to enter these details correctly.
- Submit Your Information: After filling in the necessary details, click on the “Submit” button to view your allotment status.
- Check Your Allotment: The website will indicate whether shares have been assigned to you. If you have received shares, it will also indicate the number of shares allocated to you.
The NACDAC Infrastructure IPO has seen massive investor interest, with the subscription status hitting an impressive 2,209.76 times on the final day of the IPO. This shows the strong demand for the company’s shares and suggests that many investors have applied for the issue.
For those who have been allotted shares, these will be credited to their Demat accounts. If shares were not allocated to you, the company will initiate the refund process. Refunds are set to begin on Monday, December 23, 2024.
Important Dates for the NACDAC Infrastructure IPO
- IPO Allotment Update: The allotment process is completed today, December 20, 2024.
- Refund Process: The refund process will begin on December 23, 2024, for investors who were not allotted shares.
- Demat Account Credit: For those who were allotted shares, the shares will be credited to Demat accounts on December 23, 2024.
- Listing Update: NACDAC Infrastructure shares are anticipated to debut on the BSE SME platform on December 24, 2024.
The Grey Market Premium (GMP) for the NACDAC Infrastructure IPO has been quite strong, with the shares trading at a premium of ₹50 in the grey market. This indicates high investor confidence in the stock. The GMP indicates the extra amount investors are willing to pay over the IPO’s issue price in the grey market.
The IPO price is ₹35 per share, and with the current GMP of ₹50, the expected listing price could be around ₹85 per share. This would represent a 142.86% increase over the IPO price, making it an attractive option for investors who have been allotted shares.
The NACDAC Infrastructure IPO has generated significant interest due to its strong market demand. Investors who have applied for the IPO should check their allotment status today and keep an eye on the listing date. With a high GMP and a promising listing, NACDAC Infrastructure could be a valuable investment for those who secure an allotment. Make sure to check your allotment status, and if you’ve been successful, get ready for the shares to hit your Demat account soon!
