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Home Economy

Dharmaj Crop Guard IPO: Allocation Date, Know Latest GMP

by Nick Erickson
December 2, 2022
in Economy
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Dharmaj Crop Guard IPO: Allocation Date, Know Latest GMP
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IPO of Dharmaj Crop Guard: Dharmaj Crop Guard’s initial public offering (IPO), which was open for public subscription between November 28 and November 30, received 35.49 subscriptions. The Rs 251.14-crore IPO received bids for 28,43,58,360 shares against 80,12,990 shares tendered, according to NSE data. Now the investors are waiting for the allocation of shares. To check the allocation status:

Dharmaj Crop Guard IPO: Quota-Wise subscription status

The retail private investor (RII) category received 21.53 subscriptions, non-institutional investors received 52.29 subscriptions. In the case of qualified institutional buyers (QIBs), the IPO received bids 48.21 times.

Dharmaj Crop Guard IPO GMP

According to market observers, the unlisted shares of Dharmaj Crop Guard are currently trading at a premium of Rs 50 on the gray market, above the upper band of Rs 237. It means that the shares of the company are trading on the gray market at Rs 287 per Unit . The GMP indicates that the expected listing price of the company’s stock will be higher than the issue price. The premium fluctuates based on market sentiment.

Dharmaj Crop Guard IPO: allotment date

The allotment status of Dharmaj Crop Guard IPO will be finalized on December 5. Link Intime India Private Ltd is the registrar for Dharmaj Crop Guard IPO.

In case of non-allocation, the repayment of the amount will start on December 6. Those who get the shares, the scrips will be credited to the demat account on December 6.

Dharmaj Crop Guard IPO: Check Allotment Status

How to Check Dharmaj Crop Guard IPO Allotment Status via BSE Website

1) Go to the official BSE website at the URL —https://www.bseindia.com/investors/appli_check.aspx.

2) Under ‘Type of issue’, select ‘Equities’.

3) Under ‘Issue Name’, select ‘Dharmaj Crop Guard’ from the drop box.

4) Enter your application number or Permanent Account Number (PAN).

5) Then click on ‘I am not a robot’ to verify yourself and click on the ‘Search’ option.

The status of your partial request appears on your screen.

Bidders can also check the allocation status on the online portal of the official registrar of Dharmaj Crop Guard IPO – Link Intime India.

How to Check Dharmaj Crop Guard IPO Allotment Status via Link Intime India

1) Go to Link Intime India Private Limited web portal — https://www.linkintime.co.in/IPO/public-issues.html.

2) Select the IPO — ‘Dharmaj Crop Guard IPO’ — from the drop box. It should be noted that the name of the IPO is not filled in until the allocation is finalized.

3) Select one of the three options: ‘PAN’ or ‘Application Number’ or ‘DP Client ID’.

4) In the application type, select between ASBA and non-ASBA.

5) Enter the details of the mode you selected in step 2.

6) In the next step, fill in the captcha and click the ‘Search’ button.

The status of your Dharmaj Crop Guard IPO application is visible on the screen.

Read all the latest business news here

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