Three M Paper IPO Allotment Today: How to Check Status, Latest GMP, and More! | Stock Market News
The share allotment for the Three M Paper Boards IPO will be finalised today, Thursday, July 18. Investors who applied for the IPO can check the allotment status on the registrar’s portal, Bigshare Services Pvt Ltd. The IPO was subscribed 171.33 times as of the third day of bidding, according to Chittorgarh.com. The subscription period for the Three M Paper Boards Ltd IPO ran from Friday, July 12 to Tuesday, July 16.
Investors can check how many shares they have been allotted. If no shares are allotted, the refund process will begin. Shares will be credited to the demat accounts of successful applicants on Friday, July 19, and the refund process for unsuccessful applicants will also start on the same day.
The Three M Paper IPO will be listed on the BSE SME on Monday, July 22.
How to Check Three M Paper IPO Allotment Status:
On Bigshare Services Pvt Ltd:
- Go to the Bigshare URL: https://ipo.bigshareonline.com/ipo_status.html
- Select “Three M Paper Boards IPO” from the list.
- Choose “PAN Number, Beneficiary ID, or Application No./CAF No.”
- Click “Search.”
You can check the status on your computer or phone screen.
On BSE:
- Visit the BSE allotment page: https://www.bseindia.com/investors/appli_check.aspx
- Choose ‘Equity’ under ‘Issue Type’.
- Select ‘Issue Name’ from the drop-down menu.
- Enter your application number or PAN.
- Click “Search.”
Three M Paper IPO GMP Today:
The Grey Market Premium (GMP) for Three M Paper IPO is +₹40. This means the shares are trading at a ₹40 premium in the grey market, according to InvestorGain.com.
Considering the IPO price band and the current grey market premium, the estimated listing price of Three M Paper Boards shares is ₹109 apiece, which is 57.97% higher than the IPO price of ₹69.
‘Grey market premium’ indicates that investors are willing to pay more than the issue price.
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