Investors who applied for the Osel Devices IPO are eagerly waiting for the share allotment, which is expected to be finalised today, Friday, September 20. This IPO raised ₹70.66 crore, and those who placed bids can check the allotment status online through Mas Services Limited, the official registrar.
The IPO, which had a fresh issue of 44.16 lakh shares, opened on Monday, September 16, and closed on Thursday, September 19. It was a highly successful issue, with a total subscription of 194.24 times. The retail portion was subscribed 206.07 times, and non-institutional investors subscribed 321.40 times.
Successful bidders may see shares credited to their demat accounts by Monday, September 23. If you did not receive any shares, your refund should also be processed on Monday. Osel Devices is expected to debut on the NSE SME platform on Tuesday, September 24.
Osel Devices IPO GMP Today
According to market watchers, Osel Devices shares are trading at a ₹110 premium in the grey market. Considering the IPO issue price of ₹160 and the grey market premium (GMP), the estimated listing price is ₹270, which represents a 68.75% gain.
How to Check Osel Devices IPO Allotment Status?
If you applied for the IPO, follow these steps to check your allotment status:
- Go to the official page of Mas Services Limited: Mas Services Website
- Click on the “IPO Allotment Status” link found on the bottom left.
- Once the allotment is finalised, you can view your status.
How to Check Osel Devices IPO Allotment Status on NSE?
- Visit the NSE website: NSE IPO Page
- Sign up by entering your PAN details.
- Log in with your username, password, and captcha code.
- Check your IPO allotment status after being redirected to the relevant page.
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