Today, April 24th, marks a crucial moment for Faalcon Concepts IPO applicants as the allotment status is finalized. Here’s a breakdown of key updates:
Faalcon Concepts IPO Allotment:
– Investors can now verify if they’ve been allotted shares by checking the Beetal Financial & Computer Services (P) Limited website, the official registrar for the IPO.
– To check allotment status, visit the Beetal Financial website and navigate to “Offers” -> “IPO” -> “IPO Allotment Status”.
– Select “Faalcon Concepts Limited” from the menu and enter your application number, PAN number, or Demat account number.
– If allotted shares, they will be credited to your Demat account on Thursday, April 25th. Otherwise, the application amount will be refunded starting the same day.
Faalcon Concepts IPO Listing:
– The IPO is set to list on the BSE SME platform on Friday, April 26th.
Faalcon Concepts IPO Grey Market Premium (GMP):
– The current GMP stands at ₹10, indicating a willingness among investors in the unofficial grey market to pay ₹10 more per share than the IPO price.
– With this GMP considered alongside the IPO high price, the listing price could be around ₹72 per share, reflecting a 16.13% premium.
– While the GMP suggests potential investor optimism for a robust listing, it’s essential to remember that the grey market is unofficial and should not be the sole basis for investment decisions.
Overall:
Today brings anticipation and excitement for Faalcon Concepts IPO applicants. Ensure to check your allotment status and prepare accordingly for the upcoming listing if you’ve been successful. Remember to conduct thorough research and align your investment decisions with your goals, considering various factors beyond the grey market premium.
