VVIP Infratech IPO GMP today jumps on Allotment Date; grey market eyes 102% listing gain

VVIP Infratech IPO GMP today jumps on Allotment Date; grey market eyes 102% listing gain

New Delhi: Friday, July 26, 2024 marks VVIP Infratech IPO Allotment Date. Retail investors can check the allotment status on  website of the company’s registrar. Notably, VVIP Infratech IPO GMP today has risen  on the allotment date, according to Investor Gain. VVIP Infratech IPO Subscription Status was quite impressive by the time bidding windows closed on Thursday, July 25 . Retail investors had heavily participated in the Rs 61 crore Small and Medium Enterprises (SME) Initial Public Offer (IPO) of VVIP Infratech Limited. The shares of the company have tentatively been scheduled to list on Tuesday, July 30 on the BSE SME index.

VVIP Infratech IPO GMP today

According to Investor Gain, VVIP Infratech IPO GMP today has increased to Rs 95. The premium of the company’s stock has been on an upward trajectory in the grey market in last few days.  Latest GMP and VVIP Infratech IPO price band upper limit of Rs 91-93 suggest listing gain of 102 per cent on BSE SME. But, it will be capped to 90 per cent according to BSE’s rules and regulations. GMP cannot be considered as an official figure, investors should note.

VVIP Infratech IPO Subscription Status

VVIP Infratech IPO Subscription Status was full nearly 237 times the total issue size. The Non-Institutional Investors’ (NIIs) category was heavily oversubscribed 456 times,  while, Qualified Institutional Buyers’ (QIBs) portion was oversubscribed 168X. VVIP Infratech IPO retail subscription status was massive and stood at 181 times the allotted size.

How to check VVIP Infratech IPO Allotment Status

Those who had applied in the three day public issue during July 23-July 25 can check the allotment status from today on the company’s registrar’s website – ‘Maashitla’

How to check VVIP Infratech IPO Allotment Status on the registrar’s website

Go to the following link – https://maashitla.com/allotment-status/public-issues
Select VVIP Infratech Limited from the list of companies whose allotment status is available
Select either of the following three selection types and enter the information required:
Application Number
Demat Account Number
PAN details
Then, click on ‘Submit’

(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.)

 VVIP Infratech IPO Allotment Status can be checked on Friday July 26, 2024. The company’s GMP shot up today on Allotment Date. 102% listing gain eyed by grey market, but it will be capped at 90% due to SEBI diktat.  Markets Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today