The allotment status for the Concord Enviro Systems IPO is expected to be finalized later today, December 24, or by tomorrow morning. Investors can check their allotment status online via the BSE website or the registrar’s platform, Link Intime India Private Limited. Here’s a breakdown of how you can check your allotment status:
How to check allotment status on BSE:
- Visit the direct link: BSE IPO Allotment Status.
- Select “Equity” under the issue type.
- Choose “Concord Enviro Systems Limited” in the “Issue Name” dropdown.
- Enter your application number or PAN number.
- Verify with the “I’m not a robot” checkbox and click “Search.”
- The allotment details will be displayed on your screen.
How to check allotment status on Link Intime:
- Visit the direct link: Link Intime IPO Allotment.
- Select “Concord Enviro Systems Limited” from the dropdown menu.
- Choose one of the options: PAN, application number, DP/Client ID, or account number/IFSC.
- Enter the required details and click “Submit.”
- Your allotment status will appear on your screen.
Grey Market Premium (GMP) Trends:
As of December 24, the grey market premium (GMP) for Concord Enviro IPO stands at Rs 55, indicating a potential listing gain of 7.85%, with an estimated listing price of Rs 756 per share. The GMP had reached Rs 70 during the subscription period but later fluctuated, dropping as low as Rs 40 before recovering slightly.
Key IPO highlights:
- Subscription Rate: The IPO was subscribed 10.67 times, with a total of 5,35,33,347 bids for the 50,15,356 shares on offer.
- Investor Categories:
- Non-Institutional Investors (NII): Subscribed heavily.
- Retail Investors: Saw significant participation.
- GMP Potential: Indicates moderate listing gains.
- Registrar: Link Intime India Private Limited.
- Lead Managers: DAM Capital Advisors.
Stay tuned for updates on the allotment and the listing day performance of Concord Enviro Systems IPO.
