Sunrest Lifescience IPO Allotment Finalized; Here’s How to Check Allotment Status

Sunrest Lifescience IPO’s share allotment process concluded today, November 15, and investors eagerly awaiting the results can now check their allotment status on the registrar’s portal, Skyline Financial Services Private Ltd. For those who applied for the IPO, the refund process will commence on Thursday, November 16, for unallocated shares, while those allotted will see the shares credited to their demat accounts on Friday, November 17.

The listing date for Sunrest Lifescience IPO is scheduled for Monday, November 20, on NSE SME. If the company adopts T+3 norms, the listing may occur earlier than planned.

Here’s a guide on how to check the Sunrest Lifescience IPO allotment status:

1. Visit the registrar’s website: Skyline Financial Services Private Ltd.
2. Choose the Sunrest Lifescience IPO from the drop-down menu.
3. Select one of the three options to check the status: Application No, Demat Account, or PAN.
   • Using PAN: Enter your 10-digit alphanumeric PAN number and click ‘Submit’ to check the status.
   • Using Application or CAF number: Enter your application or CAF number exactly as it appears on the acknowledgement paper. Click ‘Submit’ to get information about the allocated shares.
   • Using Beneficiary ID: Input your DP ID and client ID as a single string, found on your DP statement or account statement. Click ‘Submit’ for the allotment status.
4. The screen will display the IPO status and the number of Sunrest Lifescience IPO shares allotted.

Additionally, Sunrest Lifescience IPO’s grey market premium (GMP) today is +15, indicating a premium of ₹15 in the grey market. The estimated listing price, considering the upper end of the IPO price band and the current premium, is indicated at ₹99 per share, marking a 17.86% increase from the IPO price of ₹84.

The ‘grey market premium’ reflects investors’ willingness to pay more than the issue price, providing insights into market sentiment.