Popular Vehicles IPO: Subscribers for Popular Vehicles and Services Limited’s Initial Public Offering (IPO) concluded yesterday. Popular Vehicles IPO subscription status indicates that it was fully subscribed 1.23 times between Tuesday and Thursday of this week. Once bidding has closed, investors are eagerly awaiting the allotment date for Popular Vehicles IPO allotment; which could come today or tomorrow under T+3 listing rule.
According to this schedule, 19th March 2024 is expected to be its listing date; therefore applicants can expect announcement of share allocation any time today or tomorrow. After bidding closed shares from Popular Vehicles are trading above their upper price band on grey markets – another indicator that allotment could occur today or tomorrow!
Popular Vehicles to Launch on GMP today.
As reported by stock market oBSErvers, Popular Vehicles’s IPO GMP (grey market premium) today was zero as their shares traded in accordance with the upper price band of their book build issue. This means they were neither trading at any premium or discount within the grey market today. Market observers noted that grey market was expecting a par listing for Popular Vehicles shares.
Popular Car IPO Subscription Status.
From 12-14 March 2024, the public issue was subscribed 1.23 times with 1.05 times retail and 0.66 times for its NII segment and 1.97 for QIB portion respectively.
Popular Vehicles Initial Public Offering Allotment Date.
Due to the T+3 Listing Rule’s enforcement starting 1 December 2023, mainboard issues must be listed within three working days after bidding has closed – thus setting Popular Vehicles IPO listing dates no later than 19 March 2024 and share allocation being done either today or on Monday; applicants for Popular Vehicles IPO may expect their shares being allotted either today or Monday.
Popular Vehicle IPO Allotment Links.
Once an applicant receives notification of Popular Vehicles IPO allotment status, checking it online has never been simpler. Simply login at BSE website or Link Intime Indian Private Limited — appointed registrar of Popular Vehicles IPO — for quick and convenient status checking of Popular Vehicles IPO allotment status online. Alternatively, bidders can log on directly at either BSE link bseindia.com/investors/appli_check.aspx or Link Intime link linkintime.co.in/initial_offer/public-issues.html directly for easier status checking online of Popular Vehicles IPO allotment status online!
Popular Vehicles Allotted Under an IPO Allotment Status BSE.
1. Log in directly at BSE link — http://bseindia.com/investors/appli_check.aspx;
2] Browse Popular Vehicles and Services With Limited Initial Public Offerings;
3] Enter Popular Vehicle IPO Applications;
4] Enter Your PAN Details;
5. Click ‘I am not a robot’; and enter your information manually.
6] Click on the ‘Submit’ button.
Your Popular Vehicles Initial Public Offering allotment status will become visible on either a computer monitor or your Smartphone screen.
Popular Vehicle IPO Allotment Status Link Intime.
(1) Visit Link Intime’s web link — linkintime.co.in/MIPO/Ipoallotment.html for direct login access to MIPO allocation web application
2. Search Popular Vehicles and Services with Limited Initial Public Offerings (IPO);
3] Enter Your PAN Details; and Submit
4] To search, click on the ‘Search’ tab.
Your Popular Vehicles Initial Public Offering allotment status should soon become visible on both a computer monitor or Smartphone display screen.