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IPO GMP and Allotment Status: Mamata Machinery, DAM Capital, Transrail Lighting, and More

IPO GMP and Allotment Status: Mamata Machinery, DAM Capital, Transrail Lighting, and More

As Christmas celebrations continue, five major IPO allotments are set to finalize today, December 25, 2024. These include Mamata Machinery IPO, Transrail Lighting IPO, Concord Enviro IPO, DAM Capital Advisors IPO, and Sanathan Textiles IPO. Investors eagerly await results as the final allotment process unfolds.


Key IPO Details

  • IPO Subscription Period: December 19–23, 2024
  • Allotment Date: December 25, 2024
  • Refund Date: December 26, 2024
  • Listing Date: December 27, 2024

The allotment status for Concord Enviro and Sanathan Textiles IPOs has already been declared, while updates on the others are still pending.


How to Check IPO Allotment Status Using PAN

Follow these steps to check your allotment status on Link Intime India Private Ltd or Kfin Technologies Ltd:

  1. Visit the Official Registrar Website:
  2. Select the IPO:
    Choose the relevant IPO name from the dropdown menu (e.g., Mamata Machinery, DAM Capital Advisors).
  3. Choose PAN Option:
    Opt for “PAN” under the available identification options (others include Application Number, DP/Client ID).
  4. Enter Details:
    Input your PAN card number, solve the CAPTCHA, and click “Submit.”
  5. View Allotment Status:
    The page will display the number of shares allotted to you.

Grey Market Premium (GMP) and Expected Listing Prices

Grey Market Premium (GMP) is a strong indicator of how a stock might perform on its listing day. Below are the latest GMP updates and expected listing prices:

IPO GMP (₹) IPO Price (₹) Expected Listing Price (₹) Premium (%)
Mamata Machinery +261 243 504 107%
Transrail Lighting +192 432 624 44.44%
DAM Capital Advisors +171 263 454 65%
Sanathan Textiles +91 321 412 28%
Concord Enviro +72 701 773 10.7%

Highlights of Individual IPOs

  1. Mamata Machinery IPO
    • High GMP of ₹261 signals robust demand.
    • Estimated listing premium: 107%.
  2. Transrail Lighting IPO
    • GMP at ₹192 with a projected premium of 44.44%.
  3. DAM Capital Advisors IPO
    • GMP of ₹171; anticipated premium of 65%.
  4. Sanathan Textiles IPO
    • Moderate GMP of ₹91 with a 28% expected premium.
  5. Concord Enviro IPO
    • Stable performance with a GMP of ₹72 and 10.7% premium projection.

Key Dates to Remember

  • Allotment Date: December 25, 2024
  • Refund Process Initiation: December 26, 2024
  • Shares Credited to Demat Accounts: December 26, 2024
  • Listing on Stock Exchanges: December 27, 2024

These IPOs reflect the growing investor confidence in diverse sectors. The significant GMP values highlight strong market sentiment, but investors must monitor updates and track their allocation status carefully. With shares set to hit the exchanges soon, these IPOs are poised to deliver exciting opportunities for participants.

Click here to know more.

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