IPO GMP, Allotment Status: Key Updates on Five Major IPOs this Christmas: Link Intime

As Christmas celebrations continue across the nation on Wednesday, December 25, 2024, investors eagerly await updates on the allotment status of five mainboard IPOs: Mamata Machinery IPO, Transrail Lighting IPO, Concord Enviro IPO, DAM Capital Advisors IPO, and Sanathan Textiles IPO.

Latest Allotment Status Updates

• Concord Enviro IPO and Sanathan Textiles IPO have already declared their allotment status.
• The Mamata Machinery IPO, Transrail Lighting IPO, and DAM Capital Advisors IPO allotments are yet to be finalized as of 10:30 AM, December 25.

Investors who applied can check their allotment status on the registrar’s portals: Link Intime India Private Ltd or KFin Technologies Ltd, depending on the IPO.

Steps to Check IPO Allotment Status Using PAN Card

To verify your share allocation, follow these steps:

1. Visit the Registrar’s Website:
   • Link Intime India Private Ltd: Link Intime IPO Status Page
   • KFin Technologies Ltd: KFinTech IPO Status Page
2. Select the IPO Name:
   Choose the relevant IPO from the dropdown menu (e.g., Mamata Machinery IPO).
3. Choose PAN Card Option:
   Select the “PAN” option from the list (other options include Application Number, DP/Client ID, and Account Number/IFSC).
4. Enter PAN Details:
   Provide your PAN number, fill in the captcha (if applicable), and click Submit.
5. View Allotment Status:
   Your IPO allotment details will be displayed, showing the number of shares allotted.

Refunds and Credit Timeline

• Refunds for unsuccessful applications will begin on Thursday, December 26.
• Shares allotted will be credited to investors’ demat accounts the same day.
• All five IPOs are scheduled for listing on Friday, December 27, 2024.

Grey Market Premium (GMP) Updates

Mamata Machinery IPO

• GMP: ₹261
• Expected Listing Price: ₹504 (107% premium over IPO price of ₹243).

Transrail Lighting IPO

• GMP: ₹192
• Expected Listing Price: ₹624 (44.44% premium over IPO price of ₹432).

DAM Capital Advisors IPO

• GMP: ₹171
• Expected Listing Price: ₹454 (65% premium over IPO price of ₹263).

Sanathan Textiles IPO

• GMP: ₹91
• Expected Listing Price: ₹412 (28% premium over IPO price of ₹321).

Concord Enviro Systems IPO

• GMP: ₹72
• Expected Listing Price: ₹773 (10.7% premium over IPO price of ₹701).

Investor Insights

• The high grey market premiums suggest strong demand and potential for listing day gains across all five IPOs.
• While allotments are awaited for some, investors are advised to monitor refund timelines and ensure demat accounts are updated for share credits.

For more detailed guidance and updates on these IPOs, refer to the respective registrar portals or consult financial experts before making investment decisions.

Disclaimer: The views mentioned above are for informational purposes and not investment advice. Please consult certified experts for financial guidance.