The much-awaited Gandhar Oil Refinery IPO allotment status is expected to be finalized soon. The IPO, which was open from November 21 to 23, 2023, saw a strong response from investors, with the issue being subscribed over 2.5 times.
Gandhar Oil Refinery IPO GMP
The Gandhar Oil Refinery IPO grey market premium (GMP) has been hovering around ₹100 to ₹120 per share, indicating strong investor sentiment for the stock. GMP is the unofficial premium at which a stock trades in the grey market before it is listed on the stock exchanges.
How to Check Gandhar Oil Refinery IPO Allotment Status
There are two ways to check the Gandhar Oil Refinery IPO allotment status:
1. Check on the Registrar’s Website
The registrar of the IPO, KFintech, will publish the allotment status on its website. To check your status, you will need your PAN number and application number.
2. Check on the BSE Website
The BSE will also publish the allotment status on its website. To check your status, you will need your BOID number and application number.
What to Do If You Are Allotted Shares
If you are allotted shares in the Gandhar Oil Refinery IPO, you will need to pay the balance amount of the issue price. The balance amount can be paid through ASBA (Application Supported by Blocked Amount) or by online transfer.
Listing of Gandhar Oil Refinery on Stock Exchanges
The Gandhar Oil Refinery shares are expected to be listed on the BSE and NSE on December 12, 2023.