Jyoti CNC Automation IPO allotment is scheduled to be finalized soon. Investors who have applied for the IPO can check their allotment status on the registrar’s portal, Link Intime India Private Ltd. The IPO subscription period ran from January 9 to January 11, with a subscription status of 38.53 times on day 3.
Investors can find out the number of shares allotted to them and check the IPO allotment status on the Link Intime India Private Ltd website. The refund process for applicants not allotted shares will begin on Monday, January 15, while those who are allotted shares will see them credited to their demat accounts on the same day.
The listing date for Jyoti CNC Automation IPO is set for Tuesday, January 16. If you have applied for the IPO, you can check the allotment status on the Link Intime India Private Ltd website using the following steps:
1. Visit the Link Intime IPO allotment status check page: https://linkintime.co.in/MIPO/Ipoallotment.html
2. Choose the IPO from the dropdown menu (the name will be available if the allocation is completed).
3. Select one of the three options to check the status: Application No, Demat Account, or PAN.
4. Choose between ASBA and non-ASBA under the application type.
5. Provide the relevant information for the selected mode (Application No, Demat Account, or PAN).
6. Complete the captcha and click submit.
Additionally, you can check the Jyoti CNC IPO allotment status on the BSE and NSE official websites:
On BSE:
1. Visit the BSE IPO allotment page: https://www.bseindia.com/investors/appli_check.aspx
2. Under ‘Issue Type,’ select ‘Equity.’
3. Choose the IPO from the dropdown under ‘Issue Name.’
4. Enter PAN or application number.
5. Confirm your identity by completing the ‘I am not a Robot’ verification, then click ‘Submit.’
On NSE:
1. Visit the NSE IPO allotment status page: https://www1.nseindia.com/products/dynaContent/equities/ipos/ipo_login.jsp
2. Register with PAN by selecting the ‘Click here to sign up’ option on the NSE website.
3. Enter your username, password, and captcha code.
4. Check IPO allotment status on the new page.
The Grey Market Premium (GMP) for Jyoti CNC IPO is currently +48, indicating that shares are trading at a premium of ₹48 in the grey market. Considering the upper end of the IPO price band and the current GMP, the estimated listing price of Jyoti CNC Automation shares is indicated at ₹379 apiece, which is 14.5% higher than the IPO price of ₹331. The “grey market premium” reflects investors’ willingness to pay more than the issue price.
