GSM Foils IPO share allotment: How to check status? A step-by-step guide
GSM Foils IPO Allotment Update: After receiving a stellar response from investors during the bidding period from May 24 to May 28, attention now turns to the allotment procedure for the GSM Foils IPO.
The allotment for the GSM Foils IPO is expected to be finalised today. Investors can monitor their allotment status through the registrar, Bigshare Services Pvt. Ltd
With oversubscription in the retail category, shares will be allocated to retail individual investors (RIIs) on a proportional basis. For those who do not receive an allotment, GSM Foils will commence the refund process for the application money on May 30, 2024.
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Concurrently, allotted shares will be credited to investors' demat accounts on the same day following the refund process. GSM Foils is an SME IPO, with shares slated to be listed on the NSE SME platform, tentatively scheduled for May 31, 2024.
Steps to check GSM Foils IPO allotment status
If you have applied for the GSM Foils IPO, you can check your allotment status on the website of the IPO registrar, Bigshare Services Pvt. Ltd.
Step 1: Visit the IPO registrar’s website at this link: https://ipo.bigshareonline.com/ipo_status.html
Step 2: Select ‘GSM Foils’ in the ‘Company Selection’ dropdown menu.
Step 3: Choose among the application number, beneficiary ID, or PAN.
Step 4: Enter the details as per the option selected.
Step 5: Enter the Captcha and hit the ‘Search’ option.
Your GSM Foils IPO allotment status will be displayed on the screen.
Also Read: Beacon Trusteeship IPO booked 32.02x on day 1; check GMP, other details
About GSM Foils
GSM Foils manufactures blister foils and aluminum pharmaceutical foils, also known as "strip foils," which are used for packaging pharmaceutical products like capsules and tablets.
Steps to check GSM Foils IPO allotment status
If you have applied for the GSM Foils IPO, you can check your allotment status on the website of the IPO registrar, Bigshare Services Pvt. Ltd.
Step 1: Visit the IPO registrar’s website at this link: https://ipo.bigshareonline.com/ipo_status.html
Step 2: Select ‘GSM Foils’ in the ‘Company Selection’ dropdown menu.
Step 3: Choose among the application number, beneficiary ID, or PAN.
Step 4: Enter the details as per the option selected.
Step 5: Enter the Captcha and hit the ‘Search’ option.
Your GSM Foils IPO allotment status will be displayed on the screen.
Also Read: Beacon Trusteeship IPO booked 32.02x on day 1; check GMP, other details
About GSM Foils
GSM Foils manufactures blister foils and aluminum pharmaceutical foils, also known as "strip foils," which are used for packaging pharmaceutical products like capsules and tablets.
GSM Foils IPO share allotment: How to check status? A step-by-step guide
A KsheerasagarGSM Foils IPO allotment is expected to be finalised today. Shares will be credited to demat accounts on May 30, 2024. GSM Foils IPO has received a tremendous response from all investors, as it has been subscribed to 257.30 times.
