Check Sahasra Electronics IPO GMP, Allotment, and Subscription
Sahasra Electronics IPO GMP stands at ₹- on 21st September 2024—find out about subscription status and allotment details. Sahasra Electronics Solutions, a key player in the electronics design and manufacturing field, is set to launch its Initial Public Offering (IPO) on September 26, 2024. The IPO aims to raise ₹186.16 crore to support the company’s growth and expansion plans. Subscription Status The Sahasra Electronics IPO has attracted a lot of interest from investors. The subscription period runs from September 26 to September 30, 2024. The IPO is open to three categories of investors: Qualified Institutional Buyers (QIBs), Non-Institutional Investors (NIIs), and Retail Individual Investors (RIIs). As of now, the IPO has been oversubscribed in all categories, indicating strong investor confidence. IPO Allotment Details The allotment of shares for the Sahasra Electronics IPO will be finalized on October 1, 2024. Investors can expect to see their shares in their demat accounts by October 3, 2024. The shares are set to be listed on the NSE SME segment on October 4, 2024. How to Check Allotment Status You can check the allotment status of the Sahasra Electronics IPO in a few simple ways: Through Your Demat Account Log in to your demat account with your broker. Go to the IPO section to check your allotment status. Through the Registrar’s Website Visit the website of Bigshare Services, the registrar for this IPO. Enter your PAN, application number, or DP/Client ID to check the status. Through the BSE Website Go to the BSE website. Select “Equity” and then choose “Sahasra Electronics IPO” from the dropdown. Enter your application number and PAN to view your allotment status. Key Considerations Grey Market Premium (GMP): The GMP for the Sahasra Electronics IPO reflects the market’s sentiment. Currently, the GMP is fluctuating, showing changing investor interest. Subscription Levels: High subscription levels, particularly from QIBs and NIIs, suggest strong institutional interest, which can be a good sign for retail investors. Company Fundamentals: Sahasra Electronics has demonstrated strong financial performance and growth potential, making it an appealing investment choice. Check Sahasra IPO Details also. FAQ What are the dates for the Sahasra Electronics IPO? The IPO opens on September 26, 2024, and closes on September 30, 2024. What is the price range for the Sahasra Electronics IPO? The price band is set between ₹269 and ₹283 per share. How can I check the allotment status of the Sahasra Electronics IPO? You can check the allotment status through your demat account, the registrar’s website, or the BSE website. What is the Grey Market Premium (GMP) for the Sahasra Electronics IPO? The GMP is currently fluctuating. It’s best to check financial news websites for the latest updates. When will the Sahasra Electronics IPO be listed? The IPO is expected to be listed on the NSE SME segment on October 4, 2024.