Piotex Industries Limited IPO Allotment Status, Subscription, and IPO Details

Piotex Industries IPO, priced at ₹94 per share with a face value of ₹10, has an allotment date of May 15, 2024, offering lots of 1200 shares with bids accepted in multiples.
Piotex Industries Limited IPO Allotment Status, Subscription, and IPO Details

Piotex Industries Limited IPO Allotment Status 

The allotment date for the Piotex Industries Limited IPO is set for May 15, 2024, with shares priced at ₹94 per share and a face value of ₹10. The offering consists of lots of 1200 shares, with bids accepted for these lots or their multiples. 

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Piotex Industries Limited IPO Allotment Status Check 

To ascertain their allocation status for the Piotex Industries Limited IPO, investors can easily navigate through the steps provided on either the BSE platform or the IPO registrar Cameo Corporate Services’s website.

IPO Allotment Status BSE 

Here are steps to check Piotex Industries Limited IPO allotment status on BSE website

Step 1: Visit BSE website 

Step 2: Select ‘Equity’ under the Issue Type

Step 3: Choose Piotex Industries  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 Piotex Industries Limited IPO allotment status on Cameo Corporate Services’s website

Step 1: Visit IPO registrar website – Cameo Corporate Services

Step 2: Select ‘Piotex Industries’ 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 Piotex Industries IPO allotment status will be reflected on the screen.

Piotex Industries Limited IPO GMP Today

The Piotex Industries Limited IPO GMP (Grey Market Premium) is ₹25 as of May 14.

Piotex Industries Limited IPO Subscription Status 

By the second day of bidding, Piotex Industries IPO had garnered a subscription of 3.22 times. Bids for 47.04 lakh equity shares were received, surpassing the 14.61 lakh shares offered.

Piotex Industries Limited IPO Details

Piotex Industries IPO bidding commenced on May 10 and ends on May 14, with allotment expected on May 15 and listing on BSE SME on May 17. Priced at ₹94 per share, it aims to raise ₹14.47 crore through a fresh issue of 15.4 lakh shares. The IPO lot size is 1,200 shares, with a minimum investment of ₹112,800 for retail investors.

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