If you have placed a bid for the Euro Pratik Sales IPO, your wait is about to end soon. The allotment of the IPO, which opened on September 16 and closed on September 18, is likely to be finalised today. The listing is scheduled for September 23.
The IPO price band was set at Rs 235-Rs 247 per equity share, and the Rs 451.31 crore issue was subscribed 1.14 times.
Here’s a step-by-step 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 Euro Pratik Sales.
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 ‘Euro Pratik Sales’ 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 India Pvt. Ltd. (Link Intime).
Select ‘Euro Pratik Sales’ 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 Euro Pratik Sales IPO saw a mild response from investors. By the end of the bidding window, the overall subscription stood at 1.41 times.
Qualified Institutional Buyers (QIBs): 1.10 times
Non-Institutional Investors (NIIs): 2.02 times
Retail Investors: 1.31 times
Employee category: 4.09 times
Grey Market
The grey market premium (GMP) for Euro Pratik Sales is currently around 0.40%, suggesting a likely listing price of Rs 248. This translates to a potential gain of around Rs 60 on a single lot. However, GMP is unofficial and may not always reflect actual listing performance.
IPO details
The issue is being managed by Axis Capital, while MUFG Intime India Pvt. Ltd. (Link Intime) is acting as the registrar. Once the allotment process is completed, the shares are scheduled to be listed on NSE and BSE on September 23.