PDP Shipping IPO Allotment Update: What Investors Need to Know
The highly anticipated PDP Shipping IPO allotment is set to be finalized today, March 13. Investors who participated in this offering can now check their allotment status through the registrar’s portal managed by Kfin Technologies Ltd. This is an exciting moment for applicants eager to see how many shares they have secured.
Key Dates and Processes
- Refund Process: For those who do not receive shares, refunds will commence on Monday, March 17.
- Share Distribution: Successful applicants will see their allotted shares reflected in their demat accounts on the same day.
- Listing Date: Mark your calendars for Tuesday, March 18, when shares are set to officially list.
Subscription Overview
The PDP Shipping IPO opened for subscriptions from March 10 to March 12. The response was somewhat mixed:
- Non-Institutional Investors (NIIs): Just 14% participation
- Retail Investors: A robust 1.88x subscription rate
- Overall, the IPO was 1.01 times subscribed by the end of Day 3, as noted by sources like chittorgarh.com.
How to Check Allotment Status on Kfin Technologies
If you’ve applied for the PDP Shipping IPO, follow these simple steps to verify your allotment status:
- Visit the Kfin Technologies allotment page: PDP Shipping IPO Allotment Link
- Select PDP Shipping Limited from the dropdown menu.
- Choose one of the following options to check your status:
- Application Number: Enter it along with the captcha code and click "Submit."
- Demat Account: Input your account details and captcha, then click "Submit."
- PAN: Enter your PAN number and captcha, then hit "Submit."
Alternative Method: Check Allotment on BSE
You can also verify your allotment through the BSE website. Here’s how:
- Go to the official BSE allotment section: BSE Application Check
- Select ‘Equity’ under Issue Type.
- Choose the ‘Issue Name’ from the dropdown.
- Enter your application number or PAN.
Current Grey Market Premium (GMP)
As of today, the grey market premium (GMP) for the PDP Shipping IPO is reported at ₹0. This indicates that shares are trading at their issue price of ₹135, with no additional premium or discount, according to investorgain.com. The GMP is a crucial indicator of market sentiment and investor readiness to pay beyond the issue price.
Conclusion
Stay updated as the final allotment and listing for the PDP Shipping IPO unfolds. Whether you’re a seasoned investor or new to the market, this IPO presents an opportunity to engage with a logistics solutions leader. For more insights and updates, keep checking back on reliable financial news platforms.
