Shipping companies Arvind and Company Today's IPO allocation: How to verify the allocation status using the most recent GMP

 Shipping companies Arvind and Company Today's IPO allocation: How to verify the allocation status using the most recent GMP

Arvind and Company Shipping Agencies IPO share allocation status: Today (October 19) will see the completion of the Arvind and Company IPO share allotment. The Arvind and Company Shipping Agencies IPO is available for viewing at the registrar's site, which is run by Skyline Financial Services Private Ltd.

Through the basis of allotment, investors may determine if and how many shares they have been allocated. For those who were not awarded shares, the refunding procedure will begin on Friday, October 20. On Monday, October 23, those who were allocated will get their shares in their demat accounts.

The date of the Arvind and Company IPO listing on NSE SME has been set on Wednesday, October 25. Here's how to check the allotment situation from the Arvind and Company Shipping Agencies IPO if you applied for shares. If the firm adopts T+3 standards, the listing day will occur earlier than expected.

You may instantly check your Arvind and Company IPO allotment status on the website of the IPO registrar, Skyline Financial Services Private Ltd., if you submitted an application for the Arvind and Company Shipping Agencies IPO. At https://www.skylinerta.com/ipo.php, you may check what is happening of your application's Arvind and Company IPO allotment.

Step 1

Visit the website of Skyline Financial Services Private Ltd., the IPO registrar for Arvind and Company Shipping Agencies, by clicking the aforementioned link.

Step 2: In the dropbox, choose the initial public offering (IPO) whose name will only be entered if the allocation is successful.

Step 3

To check the status, choose either the Application No., Demat Account, or PAN.

One may verify the IPO's allocation status using the following IDs.

Your mapped Income Tax PAN number may be used to verify the application status. Income Tax PAN stands for "permanent account number." Once you've selected PAN from the drop-down box, enter your alphanumeric 10-digit PAN number. Once the PAN has been entered, click the "Submit" button.

Application number or CAF number - You may also check the allocation status by entering your application number or CAF number. Press the 'Search' button after entering the application or CAF number. As it appears on the acknowledgment document you received after completing the IPO application process, enter the application precisely as it is written there. To learn more about the shares that were allotted to you during the IPO, click the "Submit" button after that.

Beneficiary ID: You may also use the beneficiary ID associated with your demat account. The client id and depository participant (DP) id must then be entered as a single string. While the CDSL string is numerical in nature, the NSDL string is alphanumeric. The customer ID and DP ID must be entered precisely as they are. Your DP and client ID may be found in both the statement of account and your online DP statement. Next, press the "Submit" button.

Step 4

The IPO status and the total number of shares allocated for Arvind and Company Shipping Agencies will be shown on the screen.

Today's IPO GMP for Arvind and Company Shipping Agencies

Today's grey market premium for Arvind and Company's IPO is +24, which is consistent with the past three sessions. According to investorgain.com, this suggests the share price of Arvind and Company Shipping was trading at a premium of $24 on Thursday.

The expected listing price of Arvind and Company Shipping Agencies shares was indicated at 69 per share, which is 53.33% more expensive than the IPO price of 45, taking into account the top end of the pricing range for the offering and the existing premium on the grey market.

Investors' willingness to pay more than the issue price is indicated by the term "grey market premium."