The allotment of shares for Ambey Laboratories’ IPO will be finalized today, July 9. Investors can check their allotment status on the registrar’s portal, Link Intime India Private Ltd.
The IPO, open from July 4 to July 8, was subscribed 173.18 times by the end of the bidding period.
For those who applied, here’s how to check if you received shares:
- Visit the Link Intime website: https://linkintime.co.in/MIPO/Ipoallotment.html.
- Select the IPO from the dropdown menu (it will appear once the allotment is finalized).
- Choose between Application No., Demat Account, or PAN to view the status.
- Select ASBA or non-ASBA under application type.
- Enter the required details.
- Complete the captcha and click “submit.”
Investors who did not receive shares will get their refunds on July 10, while those who did will see the shares in their demat accounts by July 11. The listing date for Ambey Laboratories’ shares is July 11.
Ambey Laboratories IPO Grey Market Premium (GMP)
The current grey market premium (GMP) for Ambey Laboratories is +₹35. This means shares are trading at a ₹35 premium in the grey market. The expected listing price is ₹103 per share, 51.47% higher than the IPO price of ₹68.
IPO Details
Ambey Laboratories aims to raise ₹44.68 crore by offering 65,70,000 equity shares at ₹10 each. This includes 3,12,000 shares through an Offer for Sale and 62,58,000 new equity shares. The funds will be used for working capital and general business purposes.
Link Intime India Pvt. Ltd. is the registrar, Finsec Pvt. Ltd. is the lead manager, and Nikunj Stock Brokers Ltd. is the market maker. Shares will be listed on NSE Emerge.
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