Today's WomanCart IPO allotment was completed: How to verify the allocation status using the most recent GMP

 Today's WomanCart IPO allotment was completed: How to verify the allocation status using the most recent GMP

The allocation of WomanCart IPO shares has been completed as of today, Monday, October 23. On the registrar's webpage, Maashitla Securities Private Ltd., the investors who submitted applications for the issue may see the WomanCart IPO allotment status.

Through the basis of allotment, investors may determine if and how many shares they have been allocated. The listing date for WomanCart's IPO is set for Friday, October 27.

WomanCart IPO allotment link: https://maashitla.com/allocation-status/public-issues If you have applied for the IPO, you may check your allotment status right away on the website of the IPO registrar, Maashitla Securities Private Ltd.

Step 1 To visit the website of Maashitla Securities Private Ltd, the registrant for the WomanCart IPO, please click the following link.

Step 2

When you click the aforementioned link, a landing page similar to the one in the image below will appear.

Step 3 This selection will only show the active Initial Public Offerings (IPOs) and not the IPOs that the registrar is actively managing but are not yet operational. However, because WomanCart IPO allotment status has been finalized, one may see the allocation status online.

Step 4

The firm, WomanCart IPO, may then be selected from the drop-down option. In this case, one may get the details on the registrar's website either tonight or tomorrow.

Step 5: 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. Click 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, 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.

On Thursday, October 26, those who were awarded shares will get them in their Demat accounts. On Wednesday, October 25, the refunding procedure for individuals who did not get shares will start.

Details of the WomanCart IPO

According to Red Herring Prospectus (RHP), WomanCart IPO, which is valued at 9.56 crore, is entirely a new issuance of 1,112,000 equity shares; there is no offer for sale (OFS) component.

The firm plans to utilize the cash raised to pay for the subsequent objectives and benefit from its listing on the NSE's Emerge Platform.

The issue's objectives include covering issue fees, general corporate expenditures, costs associated with developing the software, working capital needs, branding and marketing expenses, and issue charges.

The WomenCart IPO's registration is Maashitla Securities Private Limited, whereas the book running lead administrator is Narnolia Financial Services Ltd. Market maker for WomanCart IPO is Nikunj Stock Brokers.

Status of WomanCart's IPO subscription

On day 3, the Womancart subscription status was 67.48 times. According to statistics on Chittorgarh.com, the offer had a strong reaction from ordinary investors, whose part set was subscribed 71.94 times, and a decent response from non-institutional purchasers, whose portion set was subscribed 56.30 times.

On day 1, there were 5.03 subscriptions to Womancart, and on day 2, there were 15.34 subscriptions.

WomanCart Limited today's IPO GMP

The current gray market premium for WomanCart Limited's IPO is +20. According to investorgain.com, this suggests that on Monday, the share price of WomanCart was trading at a premium of $20.

The expected listing price of WomanCart shares was suggested at 106 per share, which is 23.26% more expensive than the IPO price of 86, taking into account the top end of the pricing range for the offering and the existing premium on the gray market.

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