NSDL IPO Allotment, GMP & Important Dates Explained
Welcome to this comprehensive update on the NSDL IPO. This article details the crucial information for all applicants, including significant event dates, how to check your allotment status, and the latest Grey Market Premium (GMP) figures.
NSDL IPO Application Overview
The application period for this mainboard IPO was available on July 13th, July 31st, and August 1st. For successful allotment through the lottery system, applicants were advised to select the cut-off price of ₹800 and apply for a minimum of 18 equity shares. The minimum application amount required for one lot was ₹14,400.
An employee category discount of ₹76 was offered, setting their cut-off price at ₹724. Employees applying under this category would have selected ₹724 as their cut-off price to receive an allotment. The original discussion also invited applicants to share if they applied and in which category: Retailers, Big HNI, or Small HNI.
Key NSDL IPO Dates and Allotment Timeline
The following dates were important for NSDL IPO applicants:
- August 4th: Information regarding NSDL IPO allotment status became available.
- On this day, applicants could expect debit, credit, or revoke messages between 6 PM and 8 PM.
- The allotment status was anticipated to be visible on the registrar’s website late at night, between 10 PM and 12 AM.
- August 5th: Funds for un-allotted applications were scheduled for refund. On the same day, shares were to be credited to Demat accounts for successful applicants.
- August 6th: The company was slated to list on both BSE and NSE.
How to Check NSDL IPO Allotment Status
To check the NSDL IPO allotment status, applicants were advised to visit the registrar’s website. Upon visiting the site, users would need to scroll down and select “NHTL Limited” from the company name dropdown, similar to “Aitya InfoteLED Company” as an example. After selecting the company, applicants were required to enter their PAN number and click “Submit” to retrieve their allotment information. Updates regarding the registrar site link were shared via a Telegram group.
NSDL IPO Grey Market Premium (GMP) Update
The Grey Market Premium (GMP) for the NSDL IPO showed a slight improvement, currently trading at ₹120. Based on this GMP, the estimated listing price for the IPO is ₹920 (calculated as the ₹800 cut-off price + ₹120 GMP). This indicates a potential listing gain of approximately 15% per lot, translating to an expected gain of around ₹2200 to ₹2500 per lot.
Further Updates
Further updates regarding Grey Market Premium changes post-allotment were stated to be shared via video. Any remaining doubts or queries could be asked in the comments section.
