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Unlock Your Super Iron Foundry IPO Allotment: 6 Easy Steps to Check Status & Latest GMP Insights!

Unlock Your Super Iron Foundry IPO Allotment: 6 Easy Steps to Check Status & Latest GMP Insights!

The much-anticipated Super Iron Foundry IPO share allotment is set to be finalized today, March 17, 2023. Investors who participated in this public offering can easily check their allotment status via the registrar’s portal, Link Intime India Private Ltd. This IPO opened for subscriptions on March 11 and closed on March 13, garnering significant interest with a subscription rate of 1.56 times by the third day.

How to Check Your Super Iron Foundry IPO Allotment Status

If you’ve applied for the Super Iron Foundry IPO, follow these simple steps to determine if you’ve been allotted shares:

  1. Access the Registrar’s Portal: Visit the Link Intime India Private Ltd website at this link.
  2. Select the IPO: From the dropdown menu, choose the Super Iron Foundry IPO. This option will only be available if the allotment process is complete.
  3. Choose Your Verification Method: You can check your status using one of three methods: Application Number, Demat Account, or PAN.
  4. Specify Application Type: Indicate whether your application is ASBA or non-ASBA.
  5. Input Required Information: Fill in the necessary details based on your chosen method.
  6. Complete the Captcha: After entering the information, click ‘submit’ to see your allotment status.

Alternative Method: Checking Allotment Status via BSE

You can also verify your allotment status through the BSE website. Here’s how:

  1. Navigate to the BSE Portal: Visit BSE India.
  2. Select Equity: Under ‘Issue Type,’ choose ‘Equity.’
  3. Pick the IPO: Find the Super Iron Foundry IPO from the list.
  4. Enter Your Details: Input your PAN or application number.
  5. Confirm Your Identity: Complete the ‘I am not a Robot’ verification and click ‘Submit.’
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Important Dates and Refund Process

For those who are not allotted shares, the refund process will commence on March 18, 2023. Shareholders who receive allocations will see their shares credited to their demat accounts on the same day. The listing date for the Super Iron Foundry shares is scheduled for March 19, 2023.

Current Grey Market Trends

As of today, the Grey Market Premium (GMP) for the Super Iron Foundry IPO stands at ₹15, indicating strong demand. This premium suggests that the shares are expected to list at around ₹123, representing a 13.89% increase over the IPO price of ₹108. The GMP has been on an upward trend over the last several sessions, which bodes well for investors anticipating a solid market debut.

Conclusion

The Super Iron Foundry IPO has generated considerable buzz, and today marks a crucial day for investors eager to find out their allotment status. Whether checking via the registrar’s portal or the BSE website, the process is straightforward. Keep an eye on the upcoming listing, as market sentiments appear positive, promising an exciting start for this public offering.

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