United Cotfab Limited IPO Allotment Status, Subscription, and IPO Details

The United Cotfab IPO allotment is set for June 20, 2024, with shares priced at ₹70 per share. The offering allows bidding for lots of 2000 shares or multiples thereof.
United Cotfab Limited IPO Allotment Status, Subscription, and IPO Details

United Cotfab Limited IPO Allotment Status 

The allotment date for the United Cotfab IPO is set for June 20, 2024, with shares priced at a range of ₹70 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.

United Cotfab Limited IPO Allotment Status Check 

To ascertain their allocation status for the United Cotfab IPO, investors can easily navigate through the steps provided on either the BSE platform or the IPO registrar Purva Sharegistry India website.

IPO Allotment Status BSE 

Here are steps to check United Cotfab Limited IPO allotment status on BSE website

Step 1: Visit BSE website 

Step 2: Select ‘Equity’ under the Issue Type

Step 3: Choose United Cotfab 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 United Cotfab IPO allotment status on Purva Sharegistry India website

Step 1: Visit IPO registrar website – Purva Sharegistry India

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

United Cotfab Limited IPO GMP Today

The United Cotfab Limited IPO GMP (Grey Market Premium) is ₹18 as of June 19.

United Cotfab Limited IPO Subscription Status 

The United Cotfab IPO, by day 3, was oversubscribed by 23.66 times, with retail subscriptions hitting 32.04 times and NII at 13.98 times. The company attracted bids for 11,64,96,000 shares compared to the 49,24,000 shares available.

United Cotfab Limited IPO Details

The United Cotfab IPO, valued at ₹36.29 crore, involves issuing 5,184,000 equity shares at a face value of ₹10 each, without an offer-for-sale component. Funds will support working capital, general corporate purposes, and issue expenses. Beeline Capital Advisors manages the IPO, with Purva Sharegistry as the registrar and Spread X Securities as the market maker.

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