Shree Lotus Developers IPO Allotment Status & GMP: Your Latest Update
Welcome to the latest update on the Shree Lotus Developers IPO! This article will detail the current status of its allotment, how you can check if you’ve received shares, and the latest Grey Market Premium (GMP) information. If you’ve applied for this IPO, read on to understand what to expect regarding your allotment status today.
How to Check Your Shree Lotus Developers IPO Allotment Status Online
The official registrar for the Shree Lotus Developers IPO is KFintech. To check your allotment status directly on their website, follow these steps:
- Access the Registrar Site: A direct link to the registrar’s site will be shared on the Telegram group (linked in the comments) as soon as the allotment status becomes visible. Over 10,000 members are already part of this group for timely updates.
- Navigate the Site: Once on the KFintech site, scroll down. You will see a list of companies. Select “Shree Lotus Developers” from the dropdown menu.
- Enter Details: Choose the “PAN Number” option and enter your PAN.
- Complete and Submit: Enter the provided captcha and click “Submit” to view your allotment information.
It’s worth noting that while NSDL IPO and MAAB Engineering IPO share the same registrar site (KFintech), their allotment statuses have not yet been updated.
Verifying Allotment Through Bank Messages
Another way to determine your allotment status is by monitoring your bank messages. Keep an eye out for the following:
- Debit Message (₹15,000): If you receive a debit message for ₹15,000 from your bank, it signifies that you have successfully received an allotment in the IPO.
- Credit or Revoke Message (₹15,000): Conversely, if you receive a credit or revoke message for ₹15,000, it indicates that you have not been allotted shares.
- No Message: If you haven’t received any message from your bank yet, it is advisable to wait for the allotment status to appear on the registrar’s website.
If you have received any of these messages, please share them in the comments section.
Expected Timeline for Allotment Status Display
While some IPOs see their allotment status updated earlier, for Shree Lotus Developers IPO, the registrar’s site might display the status at different times:
- Morning Window: If the allotment status is not visible between 10:00 AM and 12:00 PM, you might see it appear between 1:00 PM and 2:00 PM.
- Late Night/Early Morning: Alternatively, updates could also become available between 4:00 AM and 5:00 AM the following morning.
As soon as the allotment status is live on the registrar’s site, the link will be shared via the Telegram group for immediate access.
Allotment Chances for Retail Investors
Considering the number of times the IPO has been subscribed, the chances of retail investors receiving an allotment are relatively low.
Shree Lotus Developers IPO Grey Market Premium (GMP) & Listing Gain Potential
The Grey Market Premium (GMP) for Shree Lotus Developers IPO is currently trading at ₹39. Based on this GMP, the potential listing price is approximately ₹189, suggesting a listing gain of about 26%. If you receive an allotment, the current GMP indicates a potential listing gain of around ₹39,000.
Next Steps and Further Updates
Once the allotment status is confirmed, a separate video discussing the listing strategy will be available on this channel by evening or late at night. Stay connected for this update.
For any further questions or doubts, feel free to ask in the comments. All updates regarding the Shree Lotus Developers IPO allotment status will also be shared on the Telegram group.
