If you have placed a bid for the Ganesh Consumer Products IPO, which opened on September 22 and closed on September 24, your wait is nearly over. The allotment of shares is expected to be finalised today September 25, while the listing is scheduled for September 29.
The price band for the IPO was set at Rs 306 to Rs 322 per share.
Here’s a quick and easy guide to check your IPO allotment status online.
How to check IPO allotment status
Via BSE Website
- Go to the BSE IPO allotment status page.
- Select ‘Equity’ as the issue type.
- From the dropdown, choose ‘Ganesh Consumer Products’.
- Enter your application number or PAN.
- Complete the captcha by ticking ‘I’m not a robot’ and click on Search.
Via NSE Website
- Visit the NSE IPO application tracking page.
- Then, click on ‘Equity and SME IPO Bid Details’.
- Select ‘Ganesh Consumer Products’ from the list.
- Provide the details such as your application number and PAN.
- Submit to view your allotment status.
Via the Registrar’s Website
- Go to the official site of the registrar MUFG Intime.
- Select ‘Ganesh Consumer Products’ from the dropdown.
- Choose any of the following: PAN, Application Number, DP ID/Client ID, or Bank Account Number.
- Fill in the necessary details and press Search to check your status.
Subscription snapshot
The Ganesh Consumer Products by the end of the bidding window, the overall subscription stood at 2.68 times.
Qualified Institutional Buyers (QIBs): 4.03 times
Non-Institutional Investors (NIIs): 4.41 times
Retail Investors: 1.17 times
Grey Market
The grey market premium (GMP) for Ganesh Consumer Products IPO is currently around Rs 3, suggesting a likely listing price of Rs 325. This translates to a potential gain of around 1% from the upper end of the price band. However, GMP is unofficial and may not always reflect actual listing performance.
IPO details
The public issue of Ganesh Consumer Products was open for subscription from September 22 to September 24, with the company aiming to raise Rs 408.80 crore through the initial public offering. The price band for the issue was fixed between Rs 306 and Rs 322 per share.
The issue is being managed by Dam Capital Advisors, while MUFG Intime is acting as the registrar. Once the allotment process is completed, the shares are scheduled to be listed on NSE, BSE on September 29.