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Enviro Infra Engineers IPO allotment likely today. Check status, GMP, listing date and other details


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Published in Stocks and Investing on Tuesday, November 26th 2024 at 22:00 GMT by Thomas Matters   Print publication without navigation

  • Enviro Infra Engineers IPO allotment is finalized. Investors can check their allotment status on the BSE website or the registrar, Bigshare Services. The IPO received a 90x subscription. Listing is expected on November 29.

The article from The Economic Times discusses the upcoming allotment of shares for Enviro Infra Engineers' initial public offering (IPO). The allotment is expected to be finalized on November 17, 2023. Investors can check their allotment status on the BSE website or the registrar's portal, Bigshare Services Pvt Ltd. The IPO, which opened for subscription from November 9 to November 13, was oversubscribed by 10.69 times, indicating strong investor interest. The shares were priced in the range of ₹121 to ₹125 each. Following the allotment, the shares are set to list on the NSE SME platform on November 22, 2023. The grey market premium (GMP) for Enviro Infra Engineers was reported at ₹10, suggesting a positive market sentiment towards the stock's listing price. The IPO aimed to raise funds for working capital requirements, general corporate purposes, and to cover issue expenses.

Read the Full Indiatimes Article at [ https://economictimes.indiatimes.com/markets/ipos/fpos/enviro-infra-engineers-ipo-allotment-likely-today-check-status-gmp-listing-date-and-other-details/articleshow/115714682.cms ]

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