Rajgor Castor Derivatives IPO Allotment Finalised: How to Check Allotment Status

The excitement surrounding the Rajgor Castor Derivatives Limited IPO reached a peak as the IPO allotment status was finalized today. This critical phase of the Initial Public Offering process determines who gets a piece of the pie and who doesn’t. In this blog, we’ll guide you through how to check your allotment status and provide insights into the Grey Market Premium (GMP) of Rajgor Castor Derivatives Limited.

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Rajgor Castor Derivatives Limited IPO Allotment Status

The IPO allotment status for Rajgor Castor Derivatives Limited was officially declared today. For investors who had eagerly applied for shares in this IPO, it’s time to check if they were among the lucky ones to secure an allotment. This crucial information can be accessed through the registrar’s portal, which, in this case, is Link Intime India Private Ltd.

Here’s how to check your IPO allotment status:

Step 1: Visit the official registrar’s website (https://linkintime.co.in/MIPO/Ipoallotment.html) for the Rajgor Castor Derivatives IPO, Link Intime India Private Ltd. This is where the allotment status will be made available.

Step 2: You will find the IPO name listed in the drop-down menu. If the allocation process is complete, it will appear in the list.

Step 3: Choose one of the following options to check your allotment status: Application Number, Demat Account, or PAN (Permanent Account Number).

Step 4: Select the application type, which can be either ASBA (Application Supported by Blocked Amount) or non-ASBA.

Step 5: Enter the relevant information depending on your choice in Step 3.

Step 6: Complete the process by filling out the captcha, and then click “Submit.”

Once you’ve followed these steps, you’ll receive the eagerly anticipated information about your allotment status. If you’ve been allotted shares, you can expect them to be credited to your demat account. For those who were not allotted shares, the company will initiate the refund process.

See Also: All Current IPO Subscription Status

Rajgor Castor Derivatives Ltd IPO Grey Market Premium (GMP)

Another interesting aspect to consider is the Grey Market Premium (GMP) for Rajgor Castor Derivatives Limited IPO. The GMP reflects the premium at which the IPO shares are trading in the unofficial secondary market before their official listing on stock exchanges.

As of today, the GMP for Rajgor Castor Derivatives Ltd IPO is +4. This means that the shares of Rajgor Castor Derivatives are trading at a premium of ₹8 in the grey market. This premium indicates strong investor interest in the IPO.

To put this into perspective, considering the upper end of the IPO price band and the current GMP of ₹4, the estimated listing price of Rajgor Castor Derivatives shares is ₹54 apiece. This is 8% higher than the IPO price of ₹50, suggesting a positive reception from the market.

It’s important to note that the grey market’s dynamics can change rapidly and may not always be an accurate predictor of the official listing price. However, the GMP is a valuable indicator of investors’ sentiment and readiness to pay more than the issue price.

In recent sessions of grey market activities, today’s IPO GMP suggests a more conservative trend. The lowest GMP observed is ₹4, while the highest GMP recorded is ₹12, according to stockesta.com.

In summary, the Rajgor Castor Derivatives Limited IPO allotment status has been finalized, and investors can check it on the registrar’s portal. The GMP indicates strong demand and positive market sentiment for these shares. The official listing and trading of Rajgor Castor Derivatives shares will be an exciting event to watch for all market enthusiasts.

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Disclaimer: The information provided on this website is for informational purposes only and should not be construed as financial or investment advice. Users are advised to do their own research and consult a qualified financial advisor before making any investment decisions.
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