Concord Biotech IPO allotment date likely today. GMP, how to check allotment status online

livemint.com:

Concord Biotech IPO: Allotment of shares to the bidders of initial public offering (IPO) of Concord Biotech Limited can be announced any time today. As per the tentative schedule, most likely Concord Biotech IPO allotment date is 11th August 2023 i.e. today.

So, those who have applied for the public issue are advised to remain vigilant about the share allocation process. Once the share allotment is announced, a bidder can check Concord Biotech IPO allotment status online by logging in at the official BSE website or at the website of official registrar of the IPO. The official registrar of the Concord Biotech IPO is Link Intime Private Limited.

Meanwhile, grey market is still looking bullish on the Concord Biotech IPO. As per the market observers, shares of Concord Biotech are available at a premium of ₹160 per share in grey market today. This means, Concord Biotech IPO grey market premium (GMP) today is ₹160.

So, grey market is signaling that expected Concord Biotech IPO listing price would be around ₹901 ( ₹740 + ₹160). As mentioned above, a bidder need not to move from pillar to post after announcement of Concord Biotech IPO allotment status. They can login at BSE link — bseindia.com or at Link Intime portal — linkintime.co.in.

For more convenience, they can login at direct BSE link — bseindia.com/investors/appli_check.aspx or at direct Link Intime link — linkintime.co.in/mipo/ipoallotment.html and check one's application status online. 1] Login at direct BSE link — bseindia.com/investors/appli_check.aspx; 2] Select Concord Biotech IPO; 3] Enter Concord Biotech IPO application number; 4] Enter your PAN details; 5] Click at 'I'm not a robot'; and 6] Click at 'Submit' button. Your Concord Biotech IPO allotment status