Falcon Technoprojects IPO allotment results for investors will be released today, Monday, June 24. To find out if you’ve been allocated shares, you can check the IPO allotment status on Kfin Technologies Ltd., the registrar’s portal for Falcon Technoprojects IPO. The IPO subscription closed on Friday, June 21, with a subscription rate of 65.32 times the offered shares on the final day of bidding.
How to Check Falcon Technoprojects IPO Allotment Status:
- Visit the Allotment Link: Use this link to check your IPO allotment status: Falcon Technoprojects IPO Allotment Link.
- Select IPO: Choose Falcon Technoprojects IPO from the drop-down menu.
- Enter Details: Enter your PAN, Demat Account number, or Application Number.
- Submit: After entering the required information, complete the captcha and click “Submit.”
Refund Process and Demat Credit:
- Investors who did not receive shares will begin receiving their refunds starting Tuesday, June 25.
- Those allotted shares will see them credited to their Demat accounts on the same day.
Listing Date:
Falcon Technoprojects IPO is scheduled to be listed on Wednesday, June 26.
Grey Market Premium (GMP) Update:
The grey market premium (GMP) for Falcon Technoprojects IPO was ₹0, indicating shares were trading at their issue price of ₹92 without any premium or discount. Analysts expect fluctuations in GMP based on recent market trends, estimating a range from ₹0 to ₹33.
What is GMP?
GMP reflects the premium investors are willing to pay above the IPO price.
This simplified guide helps investors navigate through the process of checking their Falcon Technoprojects IPO allotment status and understanding the current market dynamics related to the IPO.
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