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Phoenix Overseas Limited IPO Allotment Status, Subscription, and IPO Details

Phoenix Overseas Limited IPO allotment is set for September 25, 2024, with shares priced at ₹61 to ₹64 per share. The offering allows bidding for lots of 2000 shares or multiples thereof.
Phoenix Overseas Limited IPO Allotment Status, Subscription, and IPO Details

Phoenix Overseas Limited IPO Allotment Status 

The allotment date for the Phoenix Overseas Limited IPO is set for September 25, 2024, with shares priced at a range from ₹61 to ₹64 per share and a face value of ₹10. The offering consists of lots of 2000 shares, with bids accepted for these lots or their multiples.

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Phoenix Overseas Limited IPO Allotment Status Check 

To ascertain their allocation status for the Phoenix Overseas Limited IPO, investors can easily navigate through steps provided on either the BSE platform or the IPO registrar Cameo Corporate Services Allotment Link.

IPO Allotment Status BSE 

Here are steps to check Phoenix Overseas Limited IPO allotment status on BSE website

Step 1: Visit BSE website 

Step 2: Select ‘Equity’ under the Issue Type

Step 3: Choose Phoenix Overseas Ltd 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 Phoenix Overseas Limited allotment status on Cameo Corporate Services Ltd

Step 1: Visit IPO registrar website – Cameo Corporate Services

Step 2: Select ‘Phoenix Overseas Limited’ 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 Phoenix Overseas Limited IPO allotment status will be reflected on the screen.

Phoenix Overseas Limited IPO GMP Today

Phoenix Overseas Limited IPO GMP (Grey Market Premium) is ₹25 as of September 23, 2024.

Phoenix Overseas Limited IPO Subscription Status

Phoenix Overseas IPO reached a subscription level of 1.00 times on Day 1, indicating that the offered shares were fully subscribed. This initial response suggests a balanced level of investor interest in the company’s market debut.

Phoenix Overseas Limited IPO Details

Phoenix Overseas IPO, aiming to raise ₹36.03 crores, comprises a fresh issue of ₹29.31 crores and an offer for sale of ₹6.72 crores. Open from September 20 to 24, 2024, it lists on the NSE SME on September 27. Managed by Khandwala Securities, with Cameo Corporate Services as the registrar and Nikunj Stock Brokers as the market maker.

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