Table of contents
• Subscription status and price range
• Lot size and Registrar
• Listing date
• Allotment status
• Grey Market Premium (GMP)
• Conclusion
Introduction
Are you excited about the Concord Biotech IPO? Because we definitely are! With the public issue being subscribed a whopping 24.87 times, you definitely don't want to miss out on your potential shares. As an IPO subscriber, it is extremely important to not only be aware of the IPO's allotment status but also its listing date. You wouldn't want to miss out on the chance to trade on listing day, would you? But don't worry, we've got you covered. Checking the IPO allotment status and listing date is now easier than ever. All you need to do is follow our simple step-by-step guide, which we'll gladly walk you through. Stay tuned to find out all the details on how to check the Concord Biotech IPO allotment status and listing date.
Subscription status and price range
Subscription status and price range: The Concord Biotech IPO has generated a lot of buzz lately, and the figures show why. The public issue was oversubscribed a whopping 24.87 times, indicating strong investor interest. The retail category saw a subscription of 3.78 times, while the QIB category was subscribed 67.67 times and NII category 16.99 times. It's no wonder that investors are eagerly waiting to know their allotment status. Now let's talk about the price range of Concord Biotech IPO shares. The IPO is priced at Rs 705 to Rs 741 per share, making it a main-board IPO of 20,925,652 shares. The minimum retail lot size is 20 shares at a price of Rs 14,820, and the maximum retail lot size is 260 shares at a price of Rs 1,92,660. It's important to keep an eye on the subscription status and price range of an IPO, especially if you're looking to invest in it. The oversubscription figures indicate the level of market demand, while the price range provides an idea of the investment required. Stay informed and make wise investment decisions!
Lot size and Registrar
Lot size and Registrar: Okay, let's talk numbers. The minimum retail lot size of Concord Biotech IPO is 20 shares, which comes to a price of Rs 14,820. The maximum retail lot size is 260 shares, priced at Rs 1,92,660. So, depending on your budget, you can choose to invest in the lot size that suits you best. Now, let's talk about the registrar. The IPO registrar of Concord Biotech is fancy, as it goes by the name of Link Intime India Private Ltd. *woohoo* Good news is, you don't have to wear a tuxedo and visit their office to check your IPO allotment status (unless you really want to). You can check it online on their official website with just your PAN card number. How convenient!
Listing date
The most exciting part of investing in an IPO is the listing date when the company goes public. So, when is the likely listing date of Concord Biotech IPO shares? It's August 18th, folks! Yes, you read that right. Just one week to go, and we'll see Concord Biotech shares trading on the Bombay Stock Exchange and National Stock Exchange. As an investor, it's essential to keep track of the listing date and be prepared. Not only does it signal the start of trading, but it also indicates how the market views the company and its IPO. Will the shares trade above or below the issue price? We'll have to wait and see! Just a few more days, and we'll be able to witness how Concord Biotech fares on the Indian stock markets. Keep your eye out for updates and stay informed.
Allotment status
As a subscriber of the Concord Biotech IPO, it is important to stay updated on the status of your allotment. You wouldn't want to miss out on owning a piece of the company or risk losing potential profits. Let's take a look at the overview of the allotment status. The Concord Biotech IPO was a success, being oversubscribed 24.87 times! This means that the allotment process was highly competitive, and some subscribers may not receive the full number of shares they had requested. It's crucial to check your allotment status to see how many shares you have been allotted. Checking the status of your allotment is easy, and can be done online through the official website of the Link Intime. Firstly, log on to https://linkintime.co.in/mipo/ipoallotment.html. Then, select Concord Biotech from the drop-down menu, enter your PAN number and click on the search button. Your allotment status will be displayed before you. It's important to do this as soon as possible, as shares can be credited to your demat account anytime after the allotment process is complete. Delaying this process could lead to confusion and miscommunication. So, to summarise, checking your Concord Biotech IPO allotment status is highly recommended. It allows you to stay informed about the number of shares you've been allotted and the status of your investment. Follow the simple steps mentioned above and check your allotment status. Don't forget to stay on top of the game by being an informed subscriber!
Grey Market Premium (GMP)
You must be wondering what GMP is and how it relates to the Concord Biotech IPO. GMP stands for Grey Market Premium, and it determines the price of the shares in the grey market. As of now, the shares of Concord Biotech IPO are trading at a premium of Rs 159-160 per share in the grey market, according to several websites. Now, you might ask, how does GMP affect the IPO allotment status? Well, the GMP is an indicator of the market's demand for the shares of Concord Biotech. If the GMP is high, it means that there is a high demand for the shares, increasing the chances of oversubscription, which might lead to lesser shares being allotted to each subscriber. Therefore, it's essential to keep an eye on the GMP while checking the IPO allotment status. So, keep an eye on the GMP while checking for the IPO allotment status and stay ahead of the game.
Conclusion
So, there you have it folks – a step-by-step guide to checking Concord Biotech IPO allotment status and listing date! As an IPO subscriber, it's crucial to stay informed and up-to-date with the latest developments. Always keep an eye on the grey market premium, as it can affect your allotment status. Remember, the minimum lot size is 20 shares, so allocate your funds accordingly. Stay tuned for the listing date – it's going to be an exciting time for Concord Biotech! And as always, happy investing!
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