NeoPolitan Pizza IPO Allotment Likely Today: Check Status Online, Latest GMP Updates for SME IPO Investors

NeoPolitan Pizza IPO Allotment: NeoPolitan Pizza and Foods Ltd recently completed its IPO (Initial Public Offering), which attracted strong interest from retail investors. Now that the subscription period has ended, investors are waiting for the IPO allotment results.

IPO Allotment Date Expected Today

The allotment date for NeoPolitan Pizza IPO is expected to be today, October 7. The IPO was open for subscription from September 30 to October 4, 2024. After the allotment is finalized, the shares are likely to be listed on the stock exchange on October 9. Since this is an SME IPO (Small and Medium Enterprises), the company’s shares will be listed on the BSE SME platform.

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How to Check NeoPolitan Pizza IPO Allotment Status

Investors can check their NeoPolitan Pizza IPO allotment status online by visiting the BSE website or the official portal of Bigshare Services Pvt Ltd, which is the IPO registrar. Follow these steps to check your allotment status on Bigshare:

1. Go to the IPO registrar’s website: Bigshare Services IPO Status Page
2. In the “Company Selection” dropdown menu, select ‘NeoPolitan Pizza and Foods Limited.’
3. Choose your preferred option to check—either ‘Application No,’ ‘Beneficiary ID,’ or ‘PAN.’
4. Enter the required details according to the option selected.
5. Enter the Captcha code and click ‘Search.’

Your IPO allotment status will then appear on the screen.

NeoPolitan Pizza IPO GMP (Grey Market Premium)

As per market watchers, the grey market premium (GMP) for NeoPolitan Pizza shares is currently ₹0, which means there is no premium or discount compared to the issue price in the grey market. This suggests that there is no significant buzz in the grey market regarding this stock.

NeoPolitan Pizza IPO Details

NeoPolitan Pizza and Foods’ IPO opened for bidding on September 30 and closed on October 4, 2024. The price for the IPO was set at ₹20 per share, and the company raised ₹12 crore by issuing 60 lakh fresh equity shares. The IPO was highly subscribed, receiving 32.72 times the total subscription. In the retail category, it was subscribed 42.62 times, while the non-retail category saw a subscription of 20.72 times.

The book running lead manager for the NeoPolitan Pizza IPO is Turnaround Corporate Advisors Private Limited, and Bigshare Services Pvt Ltd is the IPO registrar.

Listing Date and Next Steps

The company will announce the allotment results today, and the shares will be listed on October 9 on the BSE SME platform. Investors can check their allotment status by following the steps mentioned above.