Propshop Events & Exhibitions IPO shares allocation in focus today; GMP, online quality control procedures

Distribution of Propshop Events IPO Shares: The initial public offering (IPO) of Propshop Events & Exhibitions ended on Wednesday, July 29, with a modest 1.5 times oversubscription. With the subscription window now closed, investors who bet on the SME IPO await the details of the share allocation.

Propshop Events & Exhibitions The allocation of IPO shares is expected to be completed today, ie, Thursday, July 30. Successful bidders can expect the shares credited to their demat accounts on Friday, July 31, while those who did not subscribe will be refunded the same day.

Shares of Propshop Events & Exhibitions will be listed on the NSE SME on Monday, 3 August.

The NSE SME IPO, which opened on Monday, July 27, included 33 million fresh shares to raise capital. ₹23 crore and an offer for sale (OFS) of 8 lakh shares included ₹5.52 billion.

How to Check IPO Allotment Status of Propshop Events Online?

Investors who bet on the IPO can check the status of allotment of shares online on the website of the registrar. They can also check share status on NSE official website.

MUFG Intime India is the official registrant of the SME IPO.

How to check Propshop Events IPO allocation status on the registrant’s website?

One can follow these steps to check the share allocation status:

Step 1: Visit the registrant’s website with this direct link

Step 2: Select the name of the company

Step 3: Enter PAN details, application number, customer ID or account number with IFSC code

Your Propshop Events IPO allocation status will appear on your computer monitor or mobile screen.

How to Check IPO Allotment Status of Propshop Events in NSE?

Step 1: Go to the official website of NSE using the following link: https://www.nseindia.com/invest/check-trades-bids-verify-ipo-bids

Step 2: Select the item “Details of IPO, IPO Capital and SME”

Step 3: Enter the PAN code or application number and click “Submit”.

Propshop ipo gmp event today

According to market sources, the gray market premium (GMP) of Propshop Events shares on Thursday morning was nil. This indicates that the stock can be ranked relative to the price of the issue.

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Disclaimer: This article is for educational purposes only and does not constitute investment advice. The views and recommendations expressed are those of the individual analyst or brokerage firm, not Mint. We advise investors to consult with a certified professional before making an investment decision, as market conditions can change rapidly and circumstances may vary.