Village Voice News

How Can I Verify My Allotment Status for Thaai Casting IPO? Understand GMP Today and Listing Date

<p>The Thaai Casting initial public offering (IPO) share allocation has been finalized. The IPO was accessible for subscription from February 15 to February 20. Investors may visit the website of registrant Purva Sharegistry to monitor the status of their allocation. On Friday, February 23, the IPO is scheduled to be listed on the NSE SME, and the GMP anticipates a significant increase in value on the day of listing.</p>
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<p>A staggering 375.43 times as many bids were received for the Rs 47.20-crore SME IPO, resulting in offers for 1,51,97,39,200 shares compared to the 40,48,000 shares that were available. A subscription was received 355.66 times for the retail category and 729.72 times for the non-institutional quota. The category of qualified institutional buyers (QIBs) was subscribed to 144.43 times.</p>
<p><strong>Today’s Thaai Casting IPO GMP</strong></p>
<p>Market watchers report that unlisted shares of Thaai Casting Ltd, an automobile accessory firm, are selling on the grey market for Rs 80 more than the issue price. The grey market anticipates a 103.9% listing gain from the public offering, as shown by the Rs. 80 gray market premium, or GMP. The GMP is dynamic and dependent on market mood.</p>
<p>The willingness of investors to pay above the issue price is shown by the “grey market premium.”</p>
<p>How to Verify the Status of Allotments in Thaai Casting IPO</p>
<p><strong>Investors may now use this link to see their IPO allotment:</strong></p>
<p><strong>Step 1:</strong> Go to</p>
<p><strong>Step 2:</strong> Choose “Thaai Casting Ltd.” as the firm.</p>
<p><strong>Step 3:</strong> Type in your application number or PAN number.</p>
<p><strong>Step 4:</strong> Press the “Search” button.</p>
<p>The status of your IPO allocation will now be shown to you.</p>
<p><strong>Details about Thaai Casting’s IPO</strong></p>
<p>The full 61.3 lakh shares in the Thaai Casting IPO were issued as new issues. The initial public offering (IPO) price ranged from Rs 73 to Rs 77 per share. A minimum of 1,600 shares was required for an application lot size.</p>
<p>Retail investors were needed to invest a minimum of Rs 1,23,200. For HNIs, the minimum lot size investment was two lots (3,200 shares), or Rs 2,46,400.</p>
<p>The registrar of the Thaai Casting IPO is Purva Sharegistry India Pvt Ltd, while the book running lead manager is GYR Capital Advisors Private Limited. Market makers Giriraj Stock Broking and Commodity Mandi are in charge of the Thaai Casting IPO.</p>