The subscription period for the Jeyyam Global Foods IPO started on Monday, September 2, and ended on Wednesday, September 4. The allotment of IPO shares for Jeyyam Global Foods will be announced soon.
IPO Details
The IPO includes 12,088,800 new shares and 1,343,200 shares for sale. The company aims to raise ₹81.94 crore to support its corporate, capital, and working capital needs.
How to Check Allotment Status
To check if you have been allotted shares, follow these steps:
- Visit the Kfin Technologies website, the registrar for the IPO.
- Select ‘Jeyyam Global Foods Limited’ from the ‘Select IPO’ dropdown menu.
- Choose one of the following options: Application Number, Demat Account, or PAN Number.
- Enter the details based on the option you selected.
- Complete the Captcha code and click on Submit.
You can also check your allotment status on the NSE website. The shares are expected to list on the NSE SME on Monday, September 9, 2024.
Current GMP (Grey Market Premium)
In the grey market, Jeyyam Global Foods shares are trading at a high premium. The Grey Market Premium (GMP) is currently ₹23 per share. This means the shares are expected to be traded ₹23 higher than the issue price.
Investors anticipate that the shares will list on the grey market at ₹84 per share, which is about 36.7% above the issue price of ₹61.
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