Senores Pharmaceuticals Ltd’s IPO (initial public offering) has been concluded on Tuesday, December 24, 2024. The company may finalize the share allotment today. The IPO saw a great overall response, with subscription reaching 93.69 times the available shares on the third day. As per the data, the issue received the bids for 79.95 crore shares, significantly exceeding the 85.34 lakh shares on offer. Here’s how different groups subscribed:
- Qualified Institutional Bidders (QIBs): 94.66 times.
- Non-institutional investors (NIIs): 96.30 times.
- Retail investors: 90.46 times their allotted quota.
The company’s IPO started on December 20, 2024, and concluded on December 24, 2024. The company aimed to raise Rs 582.11 crores from this share sale. Furthermore, the minimum investment requirement was 38 shares. The company offered 85.34 lakh shares for sale, with a price band of Rs 372 to Rs 391 apiece.
Senores Pharmaceuticals IPO: GMP
In the grey market, Senores Pharmaceuticals Ltd’s shares maintained a premium of Rs 240. Furthermore, this suggests a potential listing price of Rs 631, representing a significant 60% premium from the upper band of IPO price of Rs 391.
Easy Steps To Check Share Allotment Status
Registrar’s Website
- Go on to the Link Intime India’s website – https://linkintime.co.in/initial_offer/public-issues.html.
- From the drop-down menu, select ‘Senores Pharmaceuticals Ltd’.
- Give your application number, Permanent Account Number (PAN), DP ID or Demat account number.
- Enter the relevant details for verification.
- Tab on the ‘Submit’ button.
NSE Website
- Go to the IPO finalization verification page of NSE: https://www.nseindia.com/products/dynaContent/equities/ipos/ipo_login.jsp
- Log in with your User ID and password, if registered, or register yourself.
- Select ‘Senores Pharmaceuticals Ltd’ from the IPO names menu.
- Provide the application number and PAN details.
- Tab on the ‘Submit’ button.
BSE’s Website
- Go to the website of the Bombay Stock Exchange (BSE).
- Tab on the ‘Investors’ option.
- Click on ‘Status of Issue Application’ on the ‘Investor Services’ dropdown.
- Tab on the ‘Application Status Check’.
- Choose Equity in the issue type.
- Provide the required details, including the ‘Issue Name’.
- Give your PAN number and click on Search to view the status.
ALSO READ: Transrail Lighting IPO: Share Allotment Finalized – How To Check The Status Online?
