Sona Machinery IPO Allotment Date: Today, on Monday, March 11, the final allotment for the Sona Machinery IPO will be determined. Investors who have applied for the IPO can check their allotment status on the registrar’s portal, Maashitla Securities Private Ltd.
Investors will be able to ascertain the number of shares allotted to them and whether their applications have been successful. Refunds will be initiated for applicants who were not allotted shares, while those who were successful will see their shares credited to their demat accounts on Tuesday, March 12.
The Sona Machinery IPO is scheduled to be listed on Wednesday, March 13, on the NSE SME platform.
To check the allotment status, investors can visit the website of the IPO registrar, Maashitla Securities Private Ltd, using the following link: https://maashitla.com/allotment-status/public-issues
Here’s a step-by-step guide to check the allotment status:
- Click on the provided link to access the Maashitla Securities Private Ltd website.
- Choose Sona Machinery IPO from the dropdown menu.
- Enter either your Income Tax PAN number, application number (CAF number), or beneficiary ID.
- Click the ‘Submit’ button to view your allotment status.
Sona Machinery IPO Grey Market Premium (GMP) Today: The grey market premium for Sona Machinery IPO is currently at +100, indicating a premium of ₹100 per share. This suggests strong demand for the IPO shares in the grey market.
Based on recent grey market activities, analysts expect a bullish trend and anticipate a strong listing for Sona Machinery shares. The estimated listing price is projected to be around ₹243 per share, which is nearly 70% higher than the IPO price of ₹143.
Grey market premium reflects investors’ willingness to pay more than the issue price for IPO shares.
