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Shares to be allotted today; learn how to check

Shares,

Today is the day that shares will be distributed in the Initial Public Offering (IPO) of Udayashivkumar Infra Limited. The IPO’s application period opened on March 20. The deadline for IPO applications is March 23. The Udayashivkumar Infra Initial Public Offering (IPO) opened for anchor investors on March 17.

Through the IPO, the company hopes to raise Rs 66 crore. 20 million new equity shares with a face value of Rs 10 each will be issued as part of this. The company intends to finance working capital and general corporate objectives with the issue’s proceeds.

IPO of Udayashivkumar Infra: Udayashivkumar IPO GMP, share price, and other information can be found here. Market watchers say that the IPO has a high market premium (GMP) of Rs 16 per share.

 

Price of Udayashivkumar infra ipo shares: The issue’s share price was set at Rs 33 to Rs 35 per share.

Lot Size for Udayashivkumar Infra IPO: One lot of the IPO contains 428 shares. A retail investor can apply for one lot (Rs 14,889) or thirteen lots (Rs 1,94,740) at a time.

 

Date of Subscription for Udayashivkumar Infra IPO: The membership period began on March 20 and ended on March 23.

Date of Allotment for Udayashivkumar Infra IPO: The IPO’s share allocation will take place today. On March 31, the investors’ demat accounts will receive the shares.

 

Date of the Udayashivkumar Infra IPO listing: On April 3, the stock exchanges are anticipated to list the IPO’s shares.

How can the Udayashivkamar Infra IPO allotment status be verified?

By accessing the official IPO registrar’s website or the BSE website, an allottee can check the Udayashivkamar Infra IPO allotment status online. MAS SERVICES LTD is the registrar in this instance. As a result, you can check the allotment on their website, massserv.com.

first distributed: 28 March 2023, 11:00 a.m.

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