Sellowrap Industries IPO Allotment Status: Check GMP And Steps To Verify Status Here
The Sellowrap Industries IPO allotment status is now available on the websites of the National Stock Exchange (NSE) and Purva Sharegistry India, the issue registrar. In this article, we will guide you on how to check the allotment status and the current grey market premium (GMP) of the issue.
Sellowrap Industries IPO Allotment Status
The Sellowrap Industries IPO, which closed with a robust subscription, has completed its allotment process. The allotment status is available on the NSE website and the website of Purva Sharegistry India, the issue registrar.
Steps to Check Sellowrap Industries IPO Allotment Status on NSE Website
Follow these steps to check the allotment status on the NSE website:
- Visit the IPO allotment page on the NSE website [here](https://www.nseindia.com/invest/products/ipo-allotment).
- Select ‘Equity & SME IPO bid details’.
- Select the company symbol ‘SELLOWRAP’ from the dropdown list for issue symbols.
- Enter your PAN details and Application Number.
- Click on the ‘Submit’ button to check the share allotment details.
Steps to Check Sellowrap Industries IPO Allotment Status on Purva Sharegistry Website
Follow these steps to check the allotment status on the Purva Sharegistry website:
- Visit the IPO allotment page on the Purva Sharegistry website [here](https://www.purva-sharegistry.com).
- Select ‘Sellowrap Industries Ltd.’ from the company drop-down menu.
- Enter your application number or PAN.
- Click on the ‘Search’ button.
- View your allotment details.
Sellowrap Industries IPO GMP
The grey market premium (GMP) of the Sellowrap Industries IPO stood at Rs 14.5 per share at 8:00 a.m. on July 30. This indicates a listing price of Rs 97.5 apiece at a premium of 17.47%, compared to the upper limit of the IPO price band.
However, please note that GMP does not represent official data and is based on speculation.
About Sellowrap Industries
Sellowrap Industries manufactures equipment for the automotive and white goods industries. The company will use proceeds from the IPO to fund working capital requirements, capital expenditure, and for general corporate purposes.
Investments in initial public offerings are subject to market risks. Please consult with financial advisors and read the red herring prospectus thoroughly before placing bids.