eMudhra IPO: Know allotment date, latest GMP, subscription status here
eMudhra IPO: The initial public offering (IPO) of eMudhra opened for subscription on Friday, May 20, 2022 and will conclude on May 24, 2022. People who want to apply for the IPO can know that today is the 2nd day of the bidding process and they can apply for the same online. But before you apply for the public offering, you can know that there has been no GMP (grey market premium) activity today, while on Friday, eMudhra IPO's GMP was at Rs. 5. Also on the first day of the subscription, eMudhra was subscribed 0.48 times. The shares reserved for the qualified institutional buyers (QIBs) were subscribed 0.00 times, while those of non institutional investors were subscribed 0.04 times, and retail individual investors (RIIs) were subscribed 0.94 times.
The company intends to garner about Rs. 413 crore through the fresh issue of equity shares aggregating up to Rs. 161 crore and an offer for sale of 9,835,394 equity shares aggregating up to Rs. 252 crore by the shareholders and promoters. The price band of the public offering has been fixed at Rs. 243– 256 per share and the lot size is 58 shares. The finalisation of the eMudhra IPO share allotment status is likely to happen on May 27, 2022. While the shares of the company will get listed on the exchanges (BSE and NSE) on June 1, 2022. Also Read: Ethos IPO share allotment: Know date, process to check status online via BSE here
Once the share allotment status is announced, the investors will be able to check the status online by visiting the official website of BSE or the website of the registrar of the IPO that is Link Intime India Private Ltd. Check step-by-step-guide here. Also Read: Paradeep Phosphates IPO share allotment status: Know date, how where and when to check online
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