The eagerly awaited Manoj Ceramic IPO allotment status is set to be finalized today, January 1, 2024. The SME IPO, which garnered decent demand during its subscription period from December 27 to December 29, 2023, is expected to list on BSE SME with a tentative listing date fixed on January 3.
Investors can check their Manoj Ceramic IPO allotment status on the IPO registrar’s website, Purva Sharegistry India Pvt Ltd. The process involves selecting the company name, “Manoj Ceramic Limited,” and providing either the Application Number or PAN to ascertain the number of shares allotted. Applicants not allotted shares will receive a refund, while those with accepted bids will find the shares credited to their demat accounts.
To check the Manoj Ceramic IPO allotment status on Purva Sharegistry India’s website:
1. Visit the registrar’s website: https://www.purvashare.com/queries/
2. Select the company name “Manoj Ceramic Limited” in the “Select Company” dropdown.
3. Choose either Application No or PAN for checking the status.
4. Enter the relevant details based on the selected option.
5. Click the ‘Search’ button to view the allotment status.
Additionally, the BSE website provides an avenue for checking IPO allotment status:
1. Visit BSE’s official website’s 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 identity by completing the ‘I am not a Robot’ step and click ‘Submit’ to view the allotment status.
As of the latest update, the Manoj Ceramic IPO Grey Market Premium (GMP) is reported to be ₹0 per share, suggesting that the shares are trading at their issue price of ₹62 without any premium or discount.
The IPO, with a total worth of ₹14.47 crore, comprised entirely of a fresh issue of 23.34 lakh equity shares at a price band of ₹62 per share. The issue witnessed overall subscription of 9 times, with robust demand in both the retail and other categories. Swaraj Shares and Securities Pvt Ltd served as the book running lead manager, Purva Sharegistry India Pvt Ltd as the registrar, and Shreni Shares as the market maker for the Manoj Ceramic IPO.
Established in 1991, Manoj Ceramic trades in ceramic tiles and tile adhesives under the brand name “MCPL.” The company, although not producing tiles itself, collaborates with third-party manufacturers for production. The IPO proceeds are intended for working capital expenses and general corporate purposes.
