Biopol Chemicals IPO Allotment Finalized Today: Key Details for Investors
The highly anticipated Biopol Chemicals IPO allotment process is being finalized today, Wednesday, February 11. Investors who participated in the initial public offering can now check their allotment status to see if they have been allocated shares. This marks a critical step in the IPO journey, with shares set to be credited to demat accounts and the listing date fast approaching.
Subscription Performance and Allotment Process
The Biopol Chemicals IPO subscription period ran from Friday, February 6, to Tuesday, February 10, attracting significant investor interest. According to data from chittorgarh.com, the issue was subscribed 22.33 times on the third day of bidding, reflecting strong market demand. The allotment status, available on the registrar's portal, Bigshare Services Pvt Ltd, will show the number of shares allocated to each applicant.
Investors who receive shares will have them credited to their demat accounts on Thursday, February 12. For those who do not get any shares, the refund process will also commence on the same day. It is essential for applicants to review their allocation information promptly to plan their next steps.
Grey Market Premium and Listing Expectations
Today's Biopol Chemicals IPO GMP stands at ₹4, indicating a positive sentiment in the grey market. Based on the upper end of the IPO price band at ₹108 and this premium, the estimated listing price is around ₹112 per share, which represents a 3.70% increase over the IPO price. Analysis of the last 19 sessions of grey market activity shows that the GMP is on an upward trend, with a minimum recorded at ₹0.00 and a maximum at ₹4, suggesting a solid opening upon listing.
The Biopol Chemicals IPO listing date is scheduled for Friday, February 13, on the NSE SME platform. This listing will provide investors with an opportunity to trade the shares publicly, potentially capitalizing on the premium indicated by the GMP.
How to Check Biopol Chemicals IPO Allotment Status
Investors can check their Biopol Chemicals IPO allotment status through two primary methods: the registrar's website or the NSE portal.
Via Bigshare Services Pvt Ltd Website
- Visit the Bigshare Services website at the IPO status page.
- Select "Biopol Chemicals IPO" from the list of available options.
- Choose your identification method, such as PAN Number, Beneficiary ID, or Application No./CAF No.
- Click on "Search" to view your allotment status on any device.
Via NSE Website
- Go to the official NSE website's IPO allotment page.
- If not registered, click on the sign-up link and provide your PAN details to create an account.
- Enter your username, password, and complete the captcha verification.
- Access the allotment status on the newly opened page.
It is crucial for investors to verify their status using these steps to ensure timely updates on their share allocation. As the process unfolds, staying informed about the GMP trends and listing details can help in making informed investment decisions.
