Paytm IPO Allotment & GMP: Investors applying in Paytm IPO are likely to be allotted shares on Monday, November 15. Those who have applied for public issue of Paytm can check their allotment status on BSE website or official registrar Link Intime Private Ltd website. Before the share allotment, there is a slight improvement in the price of Paytm IPO in the gray market.
Slight improvement in GMP of Paytm IPO
According to experts, Paytm’s IPO in Gray Market is trading at a premium of Rs 30, which is higher than Friday’s Rs 18. It is believed that due to the spectacular recovery in the stock market on Friday, after the share allotment and before the listing on the stock exchange, the Gray Market Premium (GMP) of Paytm IPO may see further improvement. The price band of Paytm IPO was Rs 2080 to Rs 2150 per share. That is, the Gray Market Premium (GMP) Rs 2180 is currently running.
Subscribed only 1.89 times
The Rs 18,300 crore IPO of One97 Communications’ Fintech company Paytm is the largest IPO in the history of the country. Investors could invest in Paytm IPO (Intial Public Offering) from November 8 to 11. Let us tell you that a fresh issue of Rs 8300 crore has been issued in this, shares of Rs 10,000 crore are being sold under Offer for Sale (OFS). Paytm has raised Rs 8235 crore from anchor investors. Paytm’s IPO has been subscribed 1.89 times. In which the quota of retail investors has been subscribed 1.66 times and the quota of QIB is 2.79 times.
How to check allotment status
To check allotment status, first you need to visit BSE https://www.bseindia.com/investors/appli_check.aspx or NSE https://www1.nseindia.com/products/dynaContent/equities/ipos/ipo_login. jsp website. After this you have to enter your application number and PAN number. After this step you have to click on the search option. If the allotment of shares has been done, the details of the same will be shown to you on the page.
How to Check Nykaa IPO Status on the Registrar’s Website
First of all, you have to go to the registrar’s website https://linkintime.co.in/MIPO/Ipoallotment.html. After this you have to select Paytm by going to Select Company option. Once the company is selected, enter your PAN details, application number or client ID. After that you have to click on submit option by typing captcha. After this, after seeing the screen, you will know whether you have been allotted shares or not.
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