The holiday season brings a wave of excitement, not just for Christmas but also for the IPO market. With five prominent IPOs—Mamata Machinery, Transrail Lighting, Concord Enviro, DAM Capital Advisors, and Sanathan Textiles—set to finalize their allotments, investors are eager to check their status. These IPOs opened for subscription on December 19 and closed on December 23, and the allotment statuses are expected to be revealed today, December 25.
If you’ve participated in any of these IPOs, this guide will walk you through the process of checking your allotment status using your PAN card and provide key insights on the grey market premium (GMP) and listing expectations.
Understanding IPO Allotment Status and Timeline
Once the IPO subscription period ends, investors eagerly await the allotment status to know whether they’ve received shares. Here’s how the timeline typically unfolds:
- Allotment Finalization: Today, December 25
- Refund Process Initiation: December 26 (for unallotted shares)
- Share Credit to Demat Accounts: December 26
- Listing Date on Stock Exchanges: December 27
For those who applied for IPOs like Mamata Machinery, Transrail Lighting, or Sanathan Textiles, knowing the allotment status is crucial to track their investment journey.
How to Check IPO Allotment Status Using a PAN Card
You can check your IPO allotment status quickly and conveniently using your PAN card by following these steps:
Step 1: Visit the Registrar’s Website
Each IPO has a designated registrar responsible for managing the allotment process.
- For Mamata Machinery, Transrail Lighting, Concord Enviro, and DAM Capital Advisors, visit Link Intime India.
- For Sanathan Textiles, visit Kfin Technologies.
Step 2: Select the IPO
On the registrar’s portal, choose the IPO you’ve applied for from the drop-down menu.
Step 3: Choose PAN Card Option
Select the “PAN Card” option for verification. You can also check using application number or DP/Client ID if preferred.
Step 4: Enter Details
Provide your PAN card number, enter the captcha if required, and click “Submit.”
Step 5: View Allotment Status
Your status will show whether you’ve been allotted shares, how many shares you’ve received, or if your application was unsuccessful.
Grey Market Premium (GMP) Insights
The grey market premium is a strong indicator of an IPO’s listing price potential. Here’s the GMP status for the five IPOs:
1. Mamata Machinery IPO
- GMP: ₹260
- Estimated Listing Price: ₹503 (107% higher than the issue price of ₹243)
2. Transrail Lighting IPO
- GMP: ₹192
- Estimated Listing Price: ₹624 (44.44% higher than the issue price of ₹432)
3. DAM Capital Advisors IPO
- GMP: ₹170
- Estimated Listing Price: ₹453 (60.07% higher than the issue price of ₹283)
4. Sanathan Textiles IPO
- GMP: ₹90
- Estimated Listing Price: ₹411 (28.04% higher than the issue price of ₹321)
5. Concord Enviro IPO
- GMP: ₹75
- Estimated Listing Price: ₹776 (10.7% higher than the issue price of ₹701)
While GMP trends are useful for gauging market sentiment, it’s essential to approach them with caution as they can fluctuate based on demand and market conditions.
Key Details of Each IPO
1. Mamata Machinery IPO
- Registrar: Link Intime India
- Issue Price Band: ₹243
- GMP Sentiment: Strong
2. Transrail Lighting IPO
- Registrar: Link Intime India
- Issue Price Band: ₹432
- Potential Upside: 44%
3. Concord Enviro IPO
- Registrar: Link Intime India
- Listing Sentiment: Moderate
4. DAM Capital Advisors IPO
- Registrar: Link Intime India
- Estimated Listing Gains: High
5. Sanathan Textiles IPO
- Registrar: Kfin Technologies
- Demand Potential: Moderate
Important Reminders for IPO Investors
- Refund Process: If shares are not allotted, the refund process will begin on December 26. Ensure your bank details are up to date.
- Credit of Shares: Allocated shares will reflect in your demat account by December 26.
- Listing Gains: The stock market listing on December 27 will determine the actual gains.
Tips for Successful IPO Investments
- Research Before Investing: Always analyze the company’s financials, market position, and growth potential before subscribing.
- Track GMP Trends: While GMP offers valuable insights, remember it’s not a guarantee of listing gains.
- Use Multiple Applications: Apply through multiple accounts to increase your chances of allotment.
Conclusion: Stay Informed and Optimistic
With five IPO allotments being finalized today, the excitement is palpable among investors. Whether you’ve applied for Mamata Machinery, Transrail Lighting, or any of the other IPOs, knowing how to check your allotment status is key to staying ahead.
As we approach the listing day on December 27, remember that IPO investments come with risks and rewards. Stay informed, play smart, and may this festive season bring you success in your investment journey.