Money invested in Mankind Pharma’s IPO? Check share allotment status and gmp of mankind pharma ipo

Money invested in Mankind Pharma’s IPO?  Check share allotment status and gmp of mankind pharma ipo

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New Delhi : Shares will be allotted to investors in the Mankind Pharma IPO on Wednesday, May 3. The IPO of this pharmaceutical company was oversubscribed 15.32 times on the last day of subscription. The Qualified Institutional Buyers (QIB) portion of the IPO was subscribed to 4916%. At the same time, the portion of retail investors (RII) was undersubscribed. It was subscribed only 0.92 times. Apart from this, the portion of Non-Institutional Investors (NII) was subscribed 380%. This IPO opened on 25 April and closed on 27 April. Mankind Pharma is the fourth largest pharma company in the country.

gray market premium

The latest GMP of Mankind Pharma is indicating a premium of Rs 92. This indicates that the stock will see a decent debut on the stock exchanges. The price band in the IPO was kept at Rs 1026 to Rs 1080.

share allotment

Mankind Pharma will finalize the list for allotment of shares on May 3, 2023. Investors who will not get the allotment of shares will start getting refund from May 4. The shares will be credited to the demat account of the investors who will be allotted shares on May 5. Shares of Mankind Pharma can be listed on the stock exchanges on May 8, 2023.

You can see the allotment status here

Investors who have invested in Mankind Pharma’s IPO can check their share allotment status on the website of Bombay Stock Exchange (BSE).

1. Investors have to visit the website.
2. Here you have to click on Equity in the issue type.
3. Now Mankind Pharma Limited has to be selected in the issue name.
4. Now you have to enter your application number.
5. Now PAN Card ID has to be entered.
6. Now click on ‘I am not a Robot’ and press the submit button. Now you will see the status of your share allotment.

Investors can also check the allotment status on the online portal Kefin Technologies Limited’s online portal. He is the registrar to this issue. Let’s know the process.

1. Visit the web portal of Kefin Technologies Ltd.
2. Once the allotment is finalised, the name of the IPO will appear in the dropbox, click on it.
3. You have to select one model out of three. 1. Application Number 2. Demat Account Number 3. PAN ID
4. Choose between ASBA and non-ASBA in the application type.
5. Enter the captcha and click on submit. Now you will see your allotment status.

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