Popular Foundations IPO Allotment Status: How to Check, GMP Updates, and Strong 9.21x Subscription Ahead of Listing
The Popular Foundations IPO opened for subscription on September 13, 2024, and closed on September 19, 2024. It was well-received, with the IPO being subscribed 9.21 times overall. The retail category saw a 14.89 times subscription, while the “Other” category was subscribed 3.54 times by the last day, September 19, 2024.
The allotment of shares for Popular Foundations is expected to be completed on Friday, September 20, 2024. The shares are likely to be listed on the BSE SME platform on Tuesday, September 24, 2024. The IPO registrar is Bigshare Services Pvt Ltd, and Srujan Alpha Capital Advisors LLP is the lead manager for the issue.
How to Check Popular Foundations IPO Allotment Status
Since Bigshare Services Pvt Ltd is the registrar for this IPO, investors can check their allotment status on either the Bigshare Services website or the BSE website. Here’s how:
On Bigshare Services Website:
- Visit the Bigshare Services IPO allotment page: Click here.
- Select a server to check your allotment status.
- Choose “Popular Foundations Ltd” from the dropdown menu in the company selection section.
- Select an identification method: Application Number, Demat Account Number, or PAN Number.
- Enter your details based on your chosen method.
- Complete the CAPTCHA and click “Submit” to view your allotment status.
On the BSE Website:
- Go to the BSE allotment status page: Click here.
- Select “Equity” as the issue type.
- Choose “Popular Foundations Ltd” from the issuer’s name dropdown (the company name will appear once the allotment is finalized).
- Enter either your Application Number or PAN Number.
- Click “Search” to see your allotment details.
Popular Foundations IPO Grey Market Premium (GMP)
As of now, there is no premium on Popular Foundations shares in the grey market. According to investorgains.com, the grey market premium (GMP) for Popular Foundations is ₹0, which means the shares are being traded at their issue price.
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