GSM Foils Limited IPO Allotment Status
The allotment date for the GSM Foils IPO is set for May 29, 2024, with shares priced at a range of ₹32 per share and a face value of ₹10. The offering consists of lots of 4000 shares, with bids accepted for these lots or their multiples.
GSM Foils Limited IPO Allotment Status Check
To ascertain their allocation status for the GSM Foils Limited IPO, investors can easily navigate through steps provided on either the BSE platform or the IPO registrar Bigshare Services’s website.
IPO Allotment Status BSE
Here are steps to check GSM Foils Limited IPO allotment status on BSE website
Step 1: Visit BSE website
Step 2: Select ‘Equity’ under the Issue Type
Step 3: Choose GSM Foils Limited from the drop-down menu
Step 4: Enter Application No or PAN
Step 5: Click on ‘I am not a Robot’ and then hit on ‘Submit”
Steps to check GSM Foils Limited IPO allotment status on Bigshares Services website
Step 1: Visit IPO registrar website – Bigshare Services
Step 2: Select ‘GSM Foils’ from the Select Company dropdown menu
Step 3: Choose from PAN, Application No, DP/Client ID, or Account No/IFSC
Step 4: Enter the details as per the option selected
Step 5: Hit the Submit button
Your GSM Foils IPO allotment status will be reflected on the screen.
GSM Foils Limited IPO GMP Today
The GSM Foils Limited IPO GMP (Grey Market Premium) is ₹10 as of May 29.
GSM Foils Limited IPO Subscription Status
GSM Foils IPO experienced overwhelming investor interest on Day 3, with the issue being subscribed a remarkable 240.40 times. This robust demand underscores the market’s strong confidence in the company’s potential and future growth prospects.
GSM Foils Limited IPO Details
The GSM Foils IPO, valued at ₹11.01 crore, involves issuing 3.44 million new shares at a face value of ₹10, without any offer-for-sale. The proceeds will support general corporate aims, enhance working capital, and fund the acquisition of new equipment. Bigshare Services Pvt Ltd is the registrar, with Shreni Shares Limited managing the IPO and also acting as the market maker.