Identical Brains Studios IPO allotment status online: We are at the final two weeks of 2024 but the Indian stock market remains abuzz with IPOs grabbing investor attention. Among the other IPOs in the pipeline, the NSE SME issue, Identical Brains Studios, which opened on December 18 and closed on December 20, is likely to finalise its allotment status today (December 23).

Let’s take a look at this IPO and how to check your allotment status.

Grey Market Premium (GMP) Update

As of today, Identical Brains Studios’ shares are trading at a premium of Rs 50 in the grey market. This implies an estimated listing price of Rs 104, a 92.59 per cent surge from the IPO price of Rs 54.

How to Check IPO Allotment Status?

After closure of the biddig window of the public issue, applicants might be eagerly awaiting the allotment. Here are the step-by-step guide to check the status:

1. Via BSE Website

  • Select “Equity” under Issue Type and choose “Identical Brains Studios IPO” from the dropdown.
  • Enter your PAN or application number.
  • Click “Submit” to check your status.

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2. Via NSE Website

  • Visit the NSE IPO Allotment Page
  • Sign up using your PAN details, if not registered
  • Log in with your username and password
  • Go to the allotment section to view your status

3. Via Bigshare Services Website

  • Visit the Bigshare Services website
  • Select “Identical Brains Studios IPO” from the dropdown menu
  • Choose your preferred option: Application Number, Demat Account, or PAN
  • Select your application type (ASBA or non-ASBA).
  • Enter the required details and complete the CAPTCHA
  • Click “Submit” to view your allotment status.

Also Read: Gold, silver rate today on December 23 in Mumbai, Delhi, Chennai, Kolkata: Here are latest prices in other cities

Identical Brains Studios – IPO Details

Identical Brains Studios received an overwhelming response from investors. By the end or final day of the bidding process on December 20, the public issue was subscribed by over 544 times.

Retail Investors – 544.28 times subscription

Non-Institutional Investors (NIIs)- 1,020.2 times subscription

Qualified Institutional Buyers (QIBs)- 187.36 times subscription

The Identical Brains Studios IPO, aimed to raise Rs 20 crore through a fresh issue of 36.94 lakh shares. The price band of the issue was kept between Rs 51 to Rs 54 per share. The minimum investment required is Rs 1.08 lakh for 2,000 shares.

Prior the opening of the issue, the company garner Rs 5.66 crore from anchor investors on December 17.

Lead managers and registrar

Socradamus Capital is the book-running lead manager of the issue. Meanwhile Bigshare Services is the registrar. The market maker for this IPO is Rikhav Securities.