Presstonic Engineering IPO allotment finalised: Latest GMP, steps to check Presstonic IPO allotment status

Investors can find out if and how many shares they have been given through the basis of allotment. The number of shares allotted can also be seen in the IPO allotment status. The company will initiate the refund process for applicants who were not given shares. Those allotted will receive their shares in their demat accounts.

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Presstonic IPO listing date is fixed for Monday, December 18 on NSE SME.

Also Read: Blockbuster debut: Accent Microcell share price opens with 114% premium at ₹300 on NSE SME

If you have applied for the Presstonic IPO, you can check your allotment status immediately on the website of the IPO registrar, Cameo Corporate Services Ltd. Presstonic Engineering IPO allotment status check of your application can be done on this Presstonic Engineering IPO allotment link: https://ipo.cameoindia.com/

Step 1:

Visit Presstonic Engineering IPO registrar’s website – https://ipo.cameoindia.com/

Step 2:

Select the name of the company ‘Presstonic Engineering’ from the dropbox

Step 3:

Pick one of all three options to check the status: Application No., Demat Account, or PAN.

Step 4:

Enter the captcha code

Step 5:

Click on the ‘Search’ button.

Also Read: India Shelter IPO: Bidding ends today. GMP, subscription status, other details; apply or not?

Presstonic IPO GMP today

Presstonic Engineering IPO GMP today or grey market premium is +55. This indicates Presstonic Engineering share price were trading at a premium of ₹55 in the grey market, 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 Presstonic Engineering share price was indicated at ₹127 apiece, which is 76.39% higher than the IPO price of ₹72.

‘Grey market premium’ indicates investors’ readiness to pay more than the issue price.

Also Read: DOMS IPO: GMP jumps on strong subscription status. Should you apply as bidding ends today?

Disclaimer: The views and recommendations above are those of individual analysts, experts and broking companies, not of Mint. We advise investors to check with certified experts before making any investment decisions.

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Published: 15 Dec 2023, 10:42 AM IST