Shri Balaji Valve Components IPO, which opened for subscription on December 27, 2023, and closed on December 29, witnessed overwhelming demand from investors, with the issue being oversubscribed by over 276 times. As the IPO bidding process concludes, investors eagerly await the Shri Balaji Valve Components IPO allotment status, expected to be finalized today.
Shri Balaji Valve Components IPO is categorized as an SME IPO, and its allotment date is set for Monday, January 1, 2024. The shares are slated to list on BSE SME, with a tentative listing date scheduled for January 3.
Investors can check the Shri Balaji Valve Components IPO allotment status on both the BSE website and the IPO registrar’s portal. Bigshare Services Pvt Ltd serves as the registrar for Shri Balaji Valve Components IPO. Applicants can verify if they have been allotted shares and the quantity through the basis of allotment.
To check the Shri Balaji Valve Components IPO allotment status on Bigshare Services’ website, investors can follow these steps:
1. Visit the registrar Bigshare Services’ website: [https://ipo.bigshareonline.com/ipo_status.html](https://ipo.bigshareonline.com/ipo_status.html)
2. Select the company name “Shri Balaji Valve Components Limited” in the “Company Selection” dropbox.
3. Choose one of the three options to check the status: Application No, Beneficiary Id, or PAN.
4. Enter the details based on the selected option.
5. Enter the Captcha code.
6. Click on the ‘Search’ button.
The Shri Balaji Valve Components IPO allotment status will be displayed on the screen. Additionally, investors can check the allotment status on the BSE website by following these steps:
1. Visit the allotment page on BSE’s official website: [https://www.bseindia.com/investors/appli_check.aspx](https://www.bseindia.com/investors/appli_check.aspx)
2. Under ‘Issue Type,’ select ‘Equity’.
3. Choose the IPO from the drop-down option under ‘Issue Name.’
4. Enter PAN or application number.
5. Click on ‘I am not a Robot’ to confirm identity and then hit the ‘Submit’ button.
Shri Balaji Valve Components IPO GMP (Grey Market Premium) today stands at ₹45 per share, indicating that the shares are trading at a premium of ₹45 apiece in the grey market compared to their IPO price of ₹100 per share. This suggests an expected listing price of around ₹145 per share, reflecting a premium of 45%.
