Trident Techlabs IPO allotment date to be finalised; Here’s how to check status

livemint.com:

BSE platform or visit the registrar's website. Trident Techlabs GMP today or grey market premium is ₹45. This indicates Trident Techlabs share price were trading at a premium of ₹45 in the grey market on Wednesday, according to investorgain.com.

Considering the upper end of the IPO price band and the current premium in the grey market, the estimated listing price of ₹80 apiece, which is 128.57 percent higher than the IPO price of ₹35. According to investorgain.com, the lowest GMP is Re 0, while the highest GMP is ₹45. 'Grey market premium' indicates investors' readiness to pay more than the issue price.

Trident Techlabs IPO has received bids for 2,30,21,00,000 shares against 45,80,000 shares on the offer, according to NSE data. Trident Techlabs has reserved not more than 33.8 per cent of the shares in the public issue for retail investors, not less than 14.5 per cent for NIIs, not less than 17.55 per cent for QIBs, not less than 7.86 per cent for market maker, and not less than 26.29 per cent for the anchor investors. On the third and final day, the portion reserved for retail investors was subscribed over 1,000 times.

Trident Techlabs IPOs' retail investors' portion received bids for 1,63,99,96,000 shares against 15,48,000 shares on offer for this segment. The portion reserved for NIIs was subscribed over 800 times. Trident Techlabs IPOs' NII portion received bids for 56,73,04,000 shares against 6,64,000 shares on offer for the segment.