Pramara Promotions IPO allotment today: Latest GMP, here's how to check allotment status

livemint.com:

IPO listing date has been fixed for Wednesday, September 13 on NSE SME. If you applied for the shares, here's how you can check allotment status of Pramara IPO. If you have applied for the Pramara Promotions IPO , you can check your Pramara Promotions IPO allotment status immediately on the website of the IPO registrar, Bigshare Services Pvt Ltd.

You can check the Pramara Promotions IPO allotment status of your application on this link - https://ipo.bigshareonline.com/ipo_status.html Login at direct Bigshare link — https://ipo.bigshareonline.com/ipo_status.html Select "Pramara IPO" in company name section. Select 'Application No/CAF No or Beneficiary ID or PAN Number. Click at 'Search' Your Pramara Promotions IPO allotment status will become available on your computer monitor on the display of your cell phone.

Also Read: Ratnaveer Engineering IPO allotment finalised: Latest GMP, here's how to check allotment status Pramara IPO GMP today or grey market premium is +25 similar to the last two trading session. This indicates Pramara Promotions share price were trading at a premium of ₹25 in the grey market on Friday, 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 Pramara Promotions share price is ₹88 apiece, which is 39.68% higher than the IPO price of ₹63.

'Grey market premium' indicates investors' readiness to pay more than the issue price. Pramara Promotions IPO, which is worth ₹15.27 crore, is completely a fresh issue; there is no offer for sale (OFS) component. The company plans to use the net proceeds from the offering to fund the following goals, such as to fund working capital requirements and meet general