Shree Tirupati Balajee IPO Allotment Expected Today – Check Status Online and Latest GMP Now

The initial public offering (IPO) for Shree Tirupati Balajee Agro Trading Company Ltd closed with high demand on September 9. With the bidding process complete, investors are eagerly waiting for the IPO allotment status, which is expected to be finalized today, September 10.

The Shree Tirupati Balajee IPO opened on September 5 and closed on September 9. The allotment date is likely today, and the shares are set to be listed on the stock exchange on September 12.

The company is expected to confirm the IPO allotment today and credit shares to eligible investors’ demat accounts on September 11. Refunds to those who didn’t receive an allotment will also be processed on the same day.

How to Check Shree Tirupati Balajee IPO Allotment Status Online

Investors who applied for the IPO can check the allotment status online through the BSE website or the IPO registrar’s portal, Link Intime India Pvt Ltd.

Checking Shree Tirupati Balajee IPO Allotment on BSE

1. Visit the IPO allotment page on BSE’s website: https://www.bseindia.com/investors/appli_check.aspx
2. Select “Equity” in the “Issue Type” dropdown.
3. Choose “Shree Tirupati Balajee Agro Trading Company Limited” in the “Issue Name” dropdown.
4. Enter either your application number or PAN.
5. Complete the captcha and click “Search.”
   Your allotment status will appear on the screen.

Checking Shree Tirupati Balajee IPO Allotment on Link Intime

1. Visit Link Intime’s website: https://linkintime.co.in/initial_offer/public-issues.html
2. Select “Shree Tirupati Balajee Agro Trading Company Limited” in the “Select Company” dropdown.
3. Choose between PAN, Application No., DP/Client ID, or Account No / IFSC.
4. Enter the relevant details and submit.
   Your allotment status will be shown on the screen.

GMP (Grey Market Premium)

According to market sources, Shree Tirupati Balajee shares are trading at a premium of ₹40 in the unlisted grey market. This suggests an estimated listing price of ₹123 per share, which is 48% higher than the issue price of ₹83 per share.

IPO Details

The Shree Tirupati Balajee IPO opened for public subscription on September 5 and closed on September 9. The price range for the shares was set between ₹78 and ₹83 per share. At the upper price, the company raised ₹169.65 crore, with ₹122.43 crore from a fresh issue of 1.48 crore equity shares, and ₹47.23 crore from an offer for sale of 56.90 lakh shares.

The IPO saw a huge demand, being subscribed 124.74 times overall. The retail category was subscribed 73.22 times, the Qualified Institutional Buyers (QIBs) category was subscribed 150.87 times, and the Non-Institutional Investors (NII) category was subscribed 210.12 times.

PNB Investment Services Ltd and Unistone Capital Pvt Ltd were the lead managers for the IPO, with Link Intime India Private Ltd serving as the IPO registrar.