Voler Automobile IPO allotment: The preliminary public supply (IPO) of Voler Automobile, which closed for subscription on Friday, February 14 is predicted to declare the allotment of shares right this moment, February 17. Voler Automobile IPO, value ₹27 crore witnessed a wholesome demand.
On the finish of three days of the bidding interval, the general public supply was booked 13.62 occasions, with the retail investor portion subscribed 13.94 occasions, the non-institutional investor (NII) portion 18.56 occasions and the certified institutional consumers (QIB) portion 9.34 occasions.
Voler Automobile IPO was completely a contemporary problem of 30 lakh shares, with no offer-for-sale (OFS) element. The problem was priced at ₹90 per share, with a minimal lot dimension of 1600 shares. The minimal quantity of funding required by retail buyers was ₹1,36,000.
Voler Automobile IPO allotment standing
Traders who utilized for the IPO can verify the allotment standing on-line. They’ll head to the registrar’s web site i.e. Kfin Applied sciences Restricted or the NSE SME platform to verify Voler IPO allotment.
Given the oversubscription for the IPO, the allotment shall be finished on a pro-rata foundation. Traders can count on credit score of shares in case of the allotment on Tuesday, February 18. In the meantime, a refund in case of non-allotment can be possible on the identical day.
Steps to verify allotment on the registrar’s web site
1. Open KfinTechnologies Ltd’s web site – https://www.kfintech.com
2. Go to the Merchandise sections
3. Click on on IPO share allotment
4. Click on on Choose Firm and from the dropdown choose Voler Automobile Ltd
5. Enter the applying quantity or PAN quantity, or shopper ID
6. Enter the captcha code and click on Submit.
Steps to verify allotment on NSE’s web site
1. Open the NSE IPO allotment standing web page: https://www.nseindia.com/make investments/check-trades-bids-verify-ipo-bids
2. Login with username and password (Traders must create Login & Password)
5. Enter IPO utility No
Voler Automobile IPO GMP As we speak
The gray market premium or GMP for Voler Automobile IPO stood at ₹5 right this moment. This implies shares of Voler Automobile might record at ₹95 apiece, a premium of 5.56% over the problem worth of ₹90. Shares of Voler Automobile are anticipated to be listed on NSE SME on Wednesday, February 19.
Disclaimer: The views and proposals above are these of particular person analysts or broking firms, not Mint. We advise buyers to verify with licensed specialists earlier than making any funding selections.
