The Shri Kanha Stainless IPO allotment is scheduled to be finalised today, Monday, December 8. Investors who applied for the SME IPO can check their allotment status online through the MUFG Intime India website or the NSE IPO verification portal.
Shri Kanha Stainless IPO GMP Today
According to market observers at Investorgain, the Shri Kanha Stainless IPO GMP (Grey Market Premium) is currently ₹0.
This indicates that the shares are not showing any premium in the unofficial market, reflecting stable but muted investor sentiment ahead of listing.
IPO Subscription & Price Details
The IPO opened for subscription on December 3 and closed on December 5, receiving a 2.67 times subscription overall on the final day.
Key details include:
- IPO Type: Fixed Price Issue
- Issue Size: ₹46.28 crore
- Fresh Issue: 0.51 crore shares
- Price Band: ₹90 per share
- Face Value: ₹10 per share
- Lead Manager: Kreo Capital Pvt. Ltd.
- Registrar: MAS Services Ltd. (MUFG Intime India)
Shri Kanha Stainless IPO Listing Date
The equity shares of Shri Kanha Stainless are set to make their market debut on NSE SME on December 10.
How to Check Shri Kanha Stainless IPO Allotment Status Online
Investors can check their allotment status in two ways:
Via the registrar MUFG Intime India
Via the NSE IPO Bid Verification portal
1. Check Shri Kanha Stainless IPO Allotment on MUFG Intime India
Follow these steps:
- Visit the MUFG Intime India Public Issues page.
- Select Shri Kanha Stainless from the dropdown menu.
- Enter any of the following:
- PAN
- Application Number
- DP/Client ID
- Complete the captcha/security verification.
- Click Search/Submit to view your IPO allotment result.
2. Check Allotment Status on NSE
- Go to the NSE India website.
- Navigate to the IPO Bid Verification page.
- Select “Shri Kanha Stainless” from the dropdown list.
- Enter your PAN or Application Number.
- Provide DP ID details if prompted.
- Complete the “I’m not a robot” verification.
- Click Submit/Verify to check your allotment status.
Final Thoughts
With the allotment finalisation happening today and the listing scheduled for December 10, investors are eagerly waiting to see how Shri Kanha Stainless performs upon debut. Stay tuned for listing-day updates and market response.
Note: All information and images used in this content are sourced from Google. They are used here for informational and illustrative purposes only.
FAQs on Shri Kanha Stainless IPO Allotment
1. What is the Shri Kanha Stainless IPO Allotment date and when will the results be released?
The Shri Kanha Stainless IPO Allotment is scheduled to be finalised today, December 8, and investors can check their allotment status online through MUFG Intime India or the NSE IPO verification portal shortly after the finalisation.
2. How can I check my Shri Kanha Stainless IPO Allotment status online?
You can verify your Shri Kanha Stainless IPO Allotment by visiting the MUFG Intime India website, selecting the company name, and entering your PAN, application number, or DP/Client ID. Alternatively, you can check through the NSE IPO Bid Verification page.
3. Why is the Shri Kanha Stainless IPO Allotment important for investors?
The Shri Kanha Stainless IPO Allotment determines how many shares an investor will receive against their application, helping them understand if they secured an allotment ahead of the company’s listing on December 10 on NSE SME.
4. What is the GMP before the Shri Kanha Stainless IPO Allotment announcement?
Before the Shri Kanha Stainless IPO Allotment, the IPO’s Grey Market Premium (GMP) is reported at ₹0, indicating no premium or discount in the grey market, and suggesting a neutral sentiment ahead of listing.
5. What was the subscription status before the Shri Kanha Stainless IPO Allotment date?
Before the Shri Kanha Stainless IPO Allotment, the issue saw a positive response with 2.67 times subscription across investor categories, reflecting healthy interest in the fixed-price SME offering.
6. What are the key details investors should know before the Shri Kanha Stainless IPO Allotment?
Ahead of the Shri Kanha Stainless IPO Allotment, investors should note that the issue size is ₹46.28 crore, offered at a fixed price of ₹90 per share, with a total fresh issue of 0.51 crore shares, and listing scheduled for December 10.
7. Which websites are authorised to check the Shri Kanha Stainless IPO Allotment?
You can check your Shri Kanha Stainless IPO Allotment through:
- MUFG Intime India (the registrar)
- NSE India via the IPO Bid Verification portal
Both platforms provide reliable, real-time allotment updates.
8. Will the Shri Kanha Stainless IPO Allotment affect the listing performance on NSE SME?
While the Shri Kanha Stainless IPO Allotment does not directly determine listing performance, factors like subscription demand, GMP trends, and market sentiment often influence how the stock performs when it debuts on December 10.
9. What information do I need to check my Shri Kanha Stainless IPO Allotment results?
To access your Shri Kanha Stainless IPO Allotment results, you can use your PAN number, application number, or DP/Client ID on the registrar’s website or NSE’s verification page.
10. What happens after the Shri Kanha Stainless IPO Allotment is finalised?
Once the Shri Kanha Stainless IPO Allotment is finalised, refunds for unallotted shares begin, successful applicants receive shares in their demat accounts, and the stock will list on December 10 on the NSE SME platform.
