Shiv Texchem’s IPO allotment is in focus today; Check out GMP’s latest step-by-step guide to checking status

Shiv Texchem IPO Allotment Date Today: The allotment of Shiv Texchem Limited IPO shares will end today (Friday, October 11). Investors who applied for Shiv Texchem IPO can check the allotment status of Shiv Texchem IPO on the registrar portal which is Link Intime India Private Ltd. Shiv Texchem’s IPO opened for subscription on Tuesday, October 8 and closed on Thursday, October 10. Shiv The oversubscribed status of Texchem’s IPO was 156.55 times on the last day of bidding, according to data available on chittorgarh.com.

Investors can check the allocation process to see if they have been allocated shares and, if so, how many. The IPO award status also shows the amount of shares allotted. Applicants who have not received any action will have the company begin the refund process. The shares allocated to natural persons will be deposited in their demat accounts.

The start of the redemption process will begin on Monday, October 14 for people who have not been given shares. Those awarded will receive their shares in their accounts on the same day.

Shiv Texchem’s IPO date is scheduled for Tuesday, October 15 on the BSE SME.

If you have applied for the Shiv Texchem IPO, you can do a Shiv Texchem IPO allotment status check online at the website of the IPO registrar, Link Intime India Private Ltd.

Here is Shiv Texchem IPO Allotment Link: https://linkintime.co.in/initial_offer/public-issues.html

How to check Shiv Texchem IPO allotment status on registrar portal?

Step 1

Click on the hyperlink provided to access the website of Shiv Texchem’s IPO Registrar which is Link Intime India Private Ltd.

Step 2

Select the IPO from the drop-down menu that will only display its name if the allocation process is complete.

Step 3

Select one of the three options to verify the status: Application Number, Demat Account or PAN.

Step 4

Please select ASBA or non-ASBA when choosing the application type.

Step 5

Please provide the details of the mode you have selected.

Step 6

After completing the captcha, click the “submit” button.

How to check Shiv Texchem IPO award status on BSE?

Step 1

Visit BSE Official Website Allotment Page: https://www.bseindia.com/investors/appli_check.aspx

Step 2

Choose “Equity” under “Issue Type”.

Step 3

Select “Issue Name” (the drop-down menu) and select the IPO.

Step 4

Enter your application number or PAN.

Shiv Texchem IPO GMP today

Shiv Texchem IPO GMP is +35. This indicates that the share price of Shiv Texchem was trading at a premium of ₹35 on the gray market, according to investorgain.com.

Considering the upper end of the IPO price band and the current gray market premium, the estimated listing price of Shiv Texchem’s share price was indicated at ₹201 each, which is 21.08% higher than the IPO price of ₹166.

Based on the gray market activities of the last 8 sessions, IPO GMP is on the rise and is expected to have a strong listing. According to the experts at investorgain.com, the GMP ranges between ₹0 a ₹40, with the lowest and highest values, respectively.

The “grey market premium” indicates the willingness of investors to pay more than the issue price.

Disclaimer: The above opinions and recommendations are those of individual analysts, experts and brokerage firms, not of Mint. We advise investors to consult with certified experts before making any investment decisions.