Sheetal Universal IPO allotment finalised: Latest GMP, steps to check Sheetal 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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Sheetal Universal IPO listing date is fixed for Monday, December 11 on NSE SME. 

Also Read: Sheetal Universal IPO Day 3: Issue subscribed 179.20 times on final day; NIIs steal the show

If you have applied for the Sheetal Universal IPO, you can check your Sheetal Universal IPO allotment status immediately on the website of the IPO registrar, Bigshare Services Pvt Ltd.

You can check the Sheetal Universal IPO allotment status of your application on this link – https://ipo.bigshareonline.com/ipo_status.html

Step 1

Login at direct Bigshare link — https://ipo.bigshareonline.com/ipo_status.html

Step 2

Select “Sheetal Universal IPO” in company name section.

Also Read: Marinetrans India share price hits 5% lower circuit after listing at 15.4% premium on NSE SME exchange

Step 3

Select ‘Application No/CAF No or Beneficiary ID or PAN Number.

Step 4

Click at ‘Search’

Your Sheetal Universal IPO will be available on your computer monitor on the display of your cell phone.

Also Read: India Shelter Finance IPO price band fixed at ₹469 to ₹493. GMP, other details

Sheetal Universal IPO GMP today

Sheetal Universal IPO GMP today, or grey market premium today, is ₹12. This indicates Sheetal Universal share price were trading at a premium of ₹12 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 Sheetal Universal shares is ₹82 apiece, which is 17.14 per cent higher than the IPO price of ₹70.

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

Also Read: DOMS IPO: GMP jumps as issue opens next week. Date, price, other details of upcoming IPO

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: 08 Dec 2023, 04:23 PM IST