Laser Power & Infra IPO allotment in focus today; latest GMP, 6 steps to check status
AI Summary
The Laser Power & Infra IPO allotment is set to be finalized today, with a subscription status of 38.94 times, indicating strong demand. Investors can check their allotment status through the registrar's portal, and shares will be credited to demat accounts tomorrow, with an anticipated listing price of ₹253, reflecting an 18.22% premium over the IPO price of ₹214.
Laser Power & Infra IPO allotment date: The Laser Power & Infra IPO share allotment will be finalised today (Tuesday, 14 July). The investors who applied for the issue can check Laser Power IPO allotment status today in Laser Power IPO registrar portal, which is MUFG Intime India Private Ltd (Link Intime India Private Ltd). The Laser Power IPO opened for subscription on Thursday, 9 July and closed on Monday, 13 July.
Laser Power & Infra IPO subscription status was 38.94 times on day 3. The issue received overall positive demand from the Street. Investors can review the allotment basis to see whether they have been granted shares and the quantity received. The allocation of shares can also be checked through the IPO allotment status. For individuals who did not receive shares, the company will initiate the refund procedure. Allocated shares will be deposited into the recipients' demat accounts.
The initiation of the refund process will start on Wednesday, 15 July, for individuals not given shares. Those allotted will receive their shares in their demat accounts on Wednesday. Laser Power & Infra IPO listing date is scheduled for Thursday, 16 July.
Laser Power IPO GMP today is +39. Considering the upper end of the IPO price band and the current premium in the grey market, the estimated listing price of the Laser Power & Infra share was ₹253 apiece, which is 18.22% higher than the IPO price of ₹214.
According to grey market trends observed over the past 11 sessions, the GMP of the IPO is trending upward today, suggesting a strong anticipated listing. During this period, experts noted that the GMP fluctuated between ₹0.00 and ₹40.50.
If you have applied for the Laser Power IPO, you can do a Smartworks Coworking IPO status check on the website of the IPO registrar, which is MUFG Intime India Private Ltd. You can check the Laser Power & Infra IPO allotment status of your application below: Laser Power IPO :
Visit the official website of the IPO registrar, Link Intime India Private Ltd. Link: https://in.mpms.mufg.com/Initial_Offer/public-issues.html
From the dropdown menu, choose the IPO, which will only display the name once the allocation process has been completed.
Select one of the three available options to check your status: Application No, Demat Account, or PAN.
Provide the necessary details based on the mode you opted for in Step 3.
Complete the captcha verification, then click on the submit button.
Navigate to the allotment page on the official BSE website - Laser Power & Infra IPO allotment status check online - https://www.bseindia.com/investors/appli_check.aspx
Tick the 'I am not a Robot' box to verify your identity, then click the 'Submit' button.
Go to the official NSE website to check the status of the Laser Power IPO allotment online: https://www1.nseindia.com/products/dynaContent/equities/ipos/ipo_login.jsp
To register on the NSE website, click the 'Click here to sign up' option and provide your PAN.
Original Article
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