The GMP, or Grey Market Premium, of both Transrail Lighting IPO and DAM Capital Advisors showed significant listing gains, according to investorgain. The last recorded GMP of Transrail Lighting IPO on December 24 was Rs 192, which translated too a listing gain of 44.44%, since the upper price band was Rs 432. The listing price could be Rs 624. Transrail Lighting IPO will be listed on December 27. Those who won’t get the shares will be refunded on December 26.
On the other hand, the last recorded GMP for the DAM Capital Advisors IPO was Rs 170. With a price band of Rs 160, the listing price with that GMP could be Rs 453. This indicated a significant listing gain of Rs 60.07%. However, one must remember that GMP is an unofficial gauge that does not guarantee anything, listing gain or loss. The date for DAM Capital Advisors IPO listing is December 27. For those who won’t get allotment, the refund will take place on December 26.
How to check allotment of Transrail Lighting IPO
ONE: Log into BSE at bseindia.com/investors/appli_check.aspx
TWO: Got to ‘issue type’ option and click ‘equity’
THREE: Select ‘Transrail Lighting Limited’ in the ‘Issue Name’ section
FOUR: Type application number or PAN
FIVE: Click on ‘I’m not a robot’ then the search button. The allotment status will show on the screen
How to check allotment of DAM Capital Advisors
ONE: Log in to linkintime.co.in/Initial_Offer/public-issues.html (of the registrar)
TWO: Click on ‘DAM Capital Advisors’ in company name
THREE: Select PAN or application number or DP/Client ID or Account Number or IFSC
FOUR: Click on the ‘Submit’ button and the allotment status will show on the screen
Please note that the allotment status can be checked both at the portal of the stock exchange where the listing will take place and at that of the registrar to the issue. The process will be the same. Only the name of the company and the IPO application details will change for an investor.
(Disclaimer: This article is only meant to provide information. News9live.com does not recommend buying or selling shares or subscriptions of any IPO and Mutual Funds.)
The last Transrail Lighting IPO GMP indicated a listing gain of 44.44%%, while the DAM DAM Capital Advisors IPO GMP was indicating a listing gain of 60.07%. The allotment of both will take place today, December 24, 2024. Markets Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
