Synopsis: The allotment of shares for Falcon Technoprojects' IPO will be finalized today, Monday, June 24. Investors who subscribed to the IPO can check their allotment status through the registrar's portal, Kfin Technologies Ltd. The IPO, which was open from June 19 to June 21, saw a subscription rate of 65.32 times.
Key Dates
- IPO Allotment Date: June 24
- Refund Initiation Date: June 25
- Shares Credited to Demat Accounts: June 25
- IPO Listing Date: June 26
Checking Allotment Status
Investors can check their allotment status by following these steps:
1. Visit Kfin Technologies Ltd Portal:
- Go to the official Kfin Technologies website dedicated to IPO services.
2. Select IPO:
- Choose "Falcon Technoprojects IPO" from the drop-down menu.
3. Choose Verification Method:
- Select one of the following options: PAN, Demat Account, or Application Number.
4. Enter Details and Submit:
- Enter the relevant details based on the selected verification method.
- Input the captcha code.
- Click "Submit" to view the status.
Grey Market Premium (GMP)
The Grey Market Premium (GMP) for Falcon Technoprojects IPO is currently Rs0, indicating that shares are trading at their issue price of Rs92 with no premium or discount. The GMP has fluctuated between Rs0 and Rs33 over the past 12 sessions, reflecting investor sentiment and market activity.
Important Considerations
- Refund Process: For those who do not receive allotment, the refund process will start on June 25.
- Crediting Shares: Shares for successful allottees will be credited to their demat accounts on June 25.
- Listing: The IPO is set to be listed on June 26, where actual trading will commence.
Investors are advised to verify their allotment status promptly and stay updated on the refund and listing processes.
Disclaimer: The provided information is based on market data and reports. Investors should consult certified financial experts for personalized advice and make informed investment decisions.
