JSW Cement IPO Allotment Status: Latest Updates and How to Check
Hello everyone! This article brings you the latest updates regarding the JSW Cement IPO allotment status. We will also address the confusion surrounding debit, credit, and revoke messages, and examine the discrepancy between SEBI’s guidelines and the actual visibility of allotment status. Stay tuned for details on what actions might be taken regarding these delays.
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KFin Technologies: The Registrar for JSW Cement & All Time Plastic IPOs
Both the JSW Cement IPO and the All Time Plastic IPO share the same registrar: KFin Technologies (KFin site). As soon as the allotment status becomes visible on the registrar’s site, direct links will be shared within our Telegram group, which currently has over 11,000 members. Clicking on these links will take you directly to the relevant interface.
When you initially visit the registrar’s site, you might encounter a message stating, “We have moved to a new location.” You will need to click to navigate to the updated site. Once on the new site, you will see the names of both All Time Plastic Limited and JSW Cement Limited.
How to Check Your JSW Cement IPO Allotment Status
The allotment status for both JSW Cement Limited and All Time Plastic Limited has recently started appearing on the registrar’s site. If you haven’t checked yours yet, you can do so by selecting the IPO you applied for, entering your PAN number, and clicking “Submit.” This will provide you with information on whether you have received an allotment.
SEBI Guidelines vs. KFin’s Allotment Timeline
Historically, the allotment status on this registrar’s site typically becomes visible between 10 PM and 12 AM late at night, based on past track records. However, SEBI’s guidelines stipulate that the allotment status should be visible on the registrar’s site by 7 PM. This current discrepancy, where the status is not visible by 7 PM, is a concern. In the future, SEBI should ideally take action to ensure allotment statuses are displayed punctually.
Decoding Debit, Credit, and Revoke Messages
Regarding messages about debit, credit, or revoke, if you received a message about a revoke credit or a debit, it suggests an update on your application. Specifically, a debit message generally indicates that you have received an allotment. To confirm your allotment status definitively, please visit the registrar’s site, select the company, enter your PAN number, and check.
Next Steps and Further Updates
We will provide an update on any changes in the Grey Market Premium (GMP) for this IPO through a video in a few hours. We encourage you to share in the comments which IPO, JSW Cement or All Time Plastic, you received an allotment in.
