Enviro Infra Engineers IPO: GMP at ₹49 Premium in the Grey Market
The allotment status for the Enviro Infra Engineers IPO has been finalized after the bidding ended on Tuesday. With the ‘T+3’ listing rule, the expected listing date is Friday, November 29, 2024. Applicants can easily check their IPO allotment status online via the BSE website or Bigshare Services, the official registrar of the IPO.
Enviro Infra Engineers IPO: Following the closure of bidding on Tuesday, the share allotment for Enviro Infra Engineers IPO has been finalized. Due to the ‘T+3’ listing rule, the expected listing date is Friday, 29th November 2024. Once the allotment is complete, applicants can check their status online through the BSE website or Bigshare Services, the official registrar of the IPO.
Meanwhile, after the bidding ended and the Indian stock market ended its two-day rally on Tuesday, the grey market sentiment for Enviro Infra Engineers IPO declined on Wednesday, continuing its downtrend. Stock market analysts report that Enviro Infra Engineers shares are currently trading at a ₹49 premium in the grey market.
Enviro Infra Engineers IPO GMP Today
Today, the Grey Market Premium (GMP) for the Enviro Infra Engineers IPO stands at ₹49, reflecting a decrease of ₹1 from Wednesday’s GMP of ₹50. This decrease is attributed to the Indian stock market’s correction after breaking its two-day rally on Tuesday. Over the past week, the IPO’s GMP rose from ₹23 to ₹55; however, after the bidding ended, it fell to ₹49.
Enviro Infra Engineers IPO Subscription Status
The IPO attracted strong demand, with the overall issue subscribed 89.90 times. The retail portion was subscribed 24.48 times, the NII segment 153.80 times, and the QIB segment 157.05 times.
How to Check IPO Allotment Status
After the IPO allotment status is announced, applicants can quickly check it online on the BSE or Bigshare Services websites.
Check Allotment Status on BSE:
- Go to BSE IPO Allotment Status Page.
- Select ‘Equity’ under the issue type.
- Choose ‘Enviro Infra Engineers Limited.’
- Enter your application number or PAN details.
- Complete the CAPTCHA and click ‘Search.’
Your allotment status will appear on your screen.
Check Allotment Status on Bigshare Services:
- Visit Bigshare IPO Status Page.
- Select ‘Enviro Infra Engineers Limited.’
- Enter your application number, CAF number, beneficiary ID, or PAN.
- Complete the CAPTCHA and click ‘Search.’
Your allotment status will be displayed on your screen.
By following these simple steps, applicants can easily access their IPO allotment status.