Investors who have subscribed to the IPO of steel manufacturing company Shyam Metallics are eagerly waiting for the allotment of shares. Their wait is going to end in a while, because the company will finalize the share allotment today i.e. on June 21. The IPO received an overwhelming response from investors and the public issue was oversubscribed 121.43 times.
Shyam Metalics’ IPO will be listed on BSE and NSE on June 24. In such a situation, investors expect its listing to be at the premium. The gray market premium of Shyam Metallics is also pointing towards its strong listing. According to market experts, Shyam Metalics IPO GMP (Grey Market Premium) today is Rs 135.
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Investors subscribing to this IPO can check their share allotment status online by visiting the official registrar of the IPO, KFintech Private Limited’s website. Apart from this, they can also check their IPO allotment status on the BSE website.
Check status like this
To check their status from the registrar’s website, bidding investors can log on to the official registrar KFintech private limited website’s direct link kosmic.kfintech.com/ipostatus. At the same time, if you want to check your status on the BSE website, then directly log on to bseindia.com/investors/appli_check.aspx.
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How to Check Status on KFintech
Log on to kosmic.kfintech.com/ipostatus/ direct link. Select IPO. After this enter your DP ID / DP Client ID or PAN number. If you select the option of Application Number, then first of all you have to select the Application Type (ASBA or Non ASBA).
Then the application number has to be entered. If you have selected DP ID or Client ID then first you have to select your depository NSDL or CDSL. After that you have to enter your ID. After that enter the captcha and submit and your status will be told to you.
How to check status on BSE
First login to bseindia.com/investors/appli_check.aspx. Here you click on Equity. Enter Shyma Metalics in the issue name. Then enter your application number, PAN number. After that click on Im not a robot. Then click on Search. After this your allotment status will appear on your computer screen or smartphone screen.
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