Baba Food IPO Allotment Finalized: Follow These Steps to Check Your Allotment Status

The allotment process for the Baba Food IPO has been completed, and investors can now verify the number of shares allocated to them through the basis of allotment. The IPO allotment status, indicating the number of allotted shares, is available for checking. The company has initiated the refund process for applicants who were not allocated shares, starting today. Those who were allotted shares will find them credited to their demat accounts.

The tentative listing date for Baba Food Processing IPO on NSE SME is set for Thursday, November 16, with a possibility of an earlier listing if the company adopts T+3 norms. For those who applied for shares, here’s a guide on how to check the allotment status of Baba Food Processing IPO.

Checking Allotment Status:

1. Visit the IPO registrar, Mas Services Limited’s website through the following link: Baba Food IPO Allotment Link.
   
2. Step 1:
   • Click on the provided link: Baba Food IPO Allotment Link.
     
3. Step 2:
   • On the MAS Services allotment status page, investors have two options:
     • Search by Application Number.
     • Search by DP ID and Client ID.
       
   • For Application Number:
     • Click on “Search on Application No.”
     • Enter the application number and the 6-digit Captcha code.
     • Click “Submit” to view the allocation status and the number of shares allotted.
       
   • For DP-ID/Client ID:
     • Click on “Search on DP-id/Client id.”
     • Enter the DP-ID, Client-ID, and the 6-digit Captcha code.
     • Click “Submit” to see the allotment status with the number of shares allotted.

Subscription and GMP Details:

• Baba Food Processing IPO subscription status stood at an impressive 69.44 times on day 3.
• Retail investors showed a positive response with a subscription of 60.82 times.
• Non-institutional buyers displayed overwhelming interest with a subscription of 84.73 times.
• QIBs portion was subscribed 147.02 times.
• The company received bids for 28,53,24,800 shares against 41,08,800 shares on offer.

Grey Market Premium (GMP):

• The current GMP for Baba Food Processing IPO is +8, consistent with the last four trading sessions.
• The GMP of ₹8 in the grey market suggests a premium in the share price.
• Over the last 18 sessions, GMP has ranged from ₹0 to ₹35.

In summary, investors can now verify their Baba Food IPO allotment status, and the positive market response reflects strong demand for the shares.