Kundan Edifice IPO allotment finalised: GMP, here's how to check allotment status
IPO listing is scheduled to take place on Tuesday, September 26 on NSE SME. If you have applied for the Kundan Edifice IPO , you can check your allotment status immediately on the website of the IPO registrar, Cameo Corporate Services Ltd. You can check the Kundan Edifice IPO allotment status of your application on this Kundan Edifice IPO allotment link- https://ipo.cameoindia.com/ Visit Kundan Edifice IPO's registrar's website - https://ipo.cameoindia.com/ Select the name of the company 'Kundan Edifice' from the dropbox Pick one of all three options to check the status: Application No., Demat Account, or PAN.
Enter the captcha code Click on the ‘Search’ button. Kundan IPO GMP today or grey market premium is +16 similar to previous six trading session. This indicates Kundan Edifice share price were trading at a premium of ₹16 in the grey market on Thursday, according to topsharebrokers.com Considering the upper end of the IPO price band and the current premium in the grey market, the estimated listing price of Kundan Edifice share price is ₹107 apiece, which is 17.58% higher than the IPO price of ₹91.
Today IPO GMP trend points downward and expects to drop more. The lowest GMP is ₹16, while the highest GMP is ₹40, according to topsharebrokers.com 'Grey market premium' indicates investors' readiness to pay more than the issue price. Kundan IPO, which is worth ₹25.22 crore, is completely a fresh issue of 2,772,000 equity share; there is no offer for sale (OFS) component.
The company plans to use the net proceeds from the offering to achieve the following goals, such as meeting increased working capital needs and general corporate purposes. The promoters of the company are Divyansh Mukesh Gupta and Vijaya Mukesh Gupta. The
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