Bharat Coking Coal IPO Allotment Status Now Available
The Bharat Coking Coal IPO share allotment process reached completion on Wednesday, January 14. Investors who submitted applications for this public offering can now verify their allotment status. The company has finalized the distribution of shares to successful applicants.
How to Check Your Allotment Status
You have multiple convenient options to check whether you received shares in the Bharat Coking Coal IPO. The primary method involves visiting the registrar's portal. Kfin Technologies Ltd serves as the official registrar for this IPO.
Checking via Kfin Technologies Portal:
- Navigate to the Kfin Technologies website dedicated to IPO status.
- Select "Bharat Coking Coal IPO" from the dropdown menu labeled "Select IPO."
- You must enter one of these three details: your Permanent Account Number (PAN), your Demat account number, or your application number. Complete the captcha verification and click submit.
Checking via BSE Website:
- Go to the BSE's official allotment status webpage.
- Choose "Equity" under the Issue Type section.
- Select the Bharat Coking Coal IPO from the Issue Name dropdown list.
- Enter your application number or PAN to view your status.
Checking via NSE Website:
- Visit the NSE's IPO allotment login page.
- If you are a first-time user, sign up using your PAN details.
- Log in with your username, password, and the captcha code.
- On the subsequent page, you will find the option to check your IPO allocation status.
What Happens After Allotment?
By checking the status, investors can confirm if they have been allocated shares and determine the exact number of shares granted. The total number of shares available played a crucial role in the allotment decision process.
For investors who successfully received an allocation, the shares will be directly credited to their demat accounts. This credit is scheduled for Friday, January 16.
Applicants who did not receive any shares will have their refund process initiated by the company. The refund procedure also begins on Friday, January 16.
Listing Date and Grey Market Premium
The Bharat Coking Coal IPO is scheduled to list on the stock exchanges on Monday, January 19. Market observers are noting a positive Grey Market Premium (GMP) for the shares.
Today's GMP stands at ₹14. Based on the upper price band of ₹23 for the IPO, this premium suggests an estimated listing price of around ₹37 per share. This represents a potential gain of approximately 60.87% on the issue price.
Grey market activity over the past thirteen sessions indicates an upward trend. The minimum recorded GMP was ₹9.25, while the maximum reached ₹16.25. The GMP reflects investor sentiment and their willingness to pay above the official issue price before listing.
Please note: The views and data regarding GMP and listing estimates come from individual market analysts and experts. They do not represent official forecasts. Investors are always advised to consult with certified financial experts before making any investment decisions.
