Paramount Dye Tec IPO Allotment Status: Easy Steps to Check Online & Latest GMP Updates Before Listing!
The Paramount Dye Tec IPO bidding opened on September 30, 2024, and closed on October 3, 2024. The allotment of shares is expected to be completed by Friday, October 4, 2024. The shares are likely to list on the NSE SME on Tuesday, October 8, 2024.
Registrar and Managers for the IPO
Bigshare Services Pvt Ltd is handling the allotment process, while Gretex Corporate Services Limited is the lead manager for the IPO. Gretex Share Broking will act as the market maker.
Steps to Check Allotment Status Online
Investors can check the allotment status of Paramount Dye Tec shares through the Bigshare Services website or the NSE. Follow these simple steps:
- Visit the Bigshare Services website.
- Choose one of the available servers to check the allotment.
- Select “Company” from the dropdown menu and choose “Paramount Dye Tec Ltd” (Note: The name will appear after the allotment is released).
- Enter your Application Number, Demat Account Number, or PAN.
- Fill in the required details and enter the Captcha code.
- Click on “Search” to view the allotment status.
Alternatively, investors can also check the status on the NSE website by entering similar details.
Grey Market Premium (GMP)
At the end of the IPO subscription period, the Grey Market Premium (GMP) for Paramount Dye Tec shares dropped to ₹5, down from ₹23 after the first day of the IPO. This means that shares can now be bought for ₹5 more than the issue price on the grey market.
Based on the current GMP, investors expect Paramount Dye Tec shares to list at ₹122, a 4.27% premium over the upper issue price of ₹117.
Disclaimer: The views and investment tips expressed by investment experts on Sharepriceindia.com are their own and not those of the website or its management. Sharepriceindia.com advises users to check with certified experts before taking any investment decisions.
