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Newmalayalam Steel IPO: Check the latest allotment date for Newmalayalam Steel IPO here

Newmalayalam Steel Limited IPO allotment is set for December 24, 2024, with shares priced at ₹85 to ₹90 per share. The offering allows bidding for lots of 1600 shares or multiples thereof.
Newmalayalam Steel IPO: Check the latest allotment date for Newmalayalam Steel IPO here
Newmalayalam Steel IPO: Check the latest allotment date for Newmalayalam Steel IPO here

Newmalayalam Steel Limited IPO Allotment Status 

The allotment date for the Newmalayalam Steel Limited IPO is set for December 24, 2024, with shares priced at a range from ₹85 to ₹90 per share and a face value of ₹10. The offering consists of lots of 1600 shares, with bids accepted for these lots or their multiples.

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Newmalayalam Steel Limited IPO Allotment Status Check 

To ascertain their allocation status for the Newmalayalam Steel Limited IPO, investors can easily navigate through steps provided on either the BSE platform or the IPO registrar Kfin Technologies Ltd  Link.

IPO Allotment Status BSE   

Here are steps to check Newmalayalam Steel Limited IPO allotment status on BSE website

Step 1: Visit BSE website 

Step 2: Select ‘Equity’ under the Issue Type

Step 3: Choose Newmalayalam Steel 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 Newmalayalam Steel Limited allotment status on Kfin Technologies Ltd

Step 1: Visit IPO registrar website –  Kfin Technologies Limited 

Step 2: Select ‘Newmalayalam Steel 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 Newmalayalam Steel Limited IPO allotment status will be reflected on the screen.

Newmalayalam Steel Limited IPO GMP Today

Newmalayalam Steel Limited IPO GMP (Grey Market Premium) is ₹30 as of December 23, 2024.

Newmalayalam Steel Limited IPO Subscription Status

Newmalayalam Steel Limited IPO saw a robust 5.45x subscription on Day 2, reflecting strong demand, positive market sentiment, and investor trust in the company’s growth potential. This encouraging response highlights optimism about the company’s long-term prospects and promising future.

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Newmalayalam Steel Limited IPO Details

Newmalayalam Steel IPO, totaling Rs 41.76 crores, consists solely of a fresh issue of 46.40 lakh shares. The price band is set at ₹85 to ₹90 per share, with bidding from December 19-23, 2024. Expected allotment is on December 24, with a listing on NSE SME on December 27. Khandwala Securities manages the IPO with Kfin Technologies as the registrar.

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.

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₹25 से कम कीमत वाले टेक्सटाइल स्टॉक में उछाल, कंपनी ने 1:1 बोनस शेयर इश्यू की योजना बनाई।

₹25 से कम कीमत के टेक्सटाइल शेयर में उछाल, कंपनी ने 1:1 बोनस जारी करने का निर्णय लिया।

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