Sheetal Universal IPO Allotment Finalized: Latest GMP and Steps to Check Sheetal IPO Allotment Status

The eagerly awaited share allotment results for the Sheetal Universal IPO have been officially finalized. Investors who applied for shares in the IPO can now check the status of their allotment on the Sheetal Universal IPO registrar portal, managed by Bigshare Services Pvt Ltd.

To access their Sheetal IPO allotment status, investors can follow these simple steps on the Sheetal Universal IPO registrar portal. This status will indicate whether they have been allocated shares and, if so, how many.

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Also See: Sheetal Universal IPO GMP

Steps to Check Sheetal Universal IPO Allotment Status:

Step 1: Log in to the official Bigshare link at https://ipo.bigshareonline.com/ipo_status.html.

Step 2: In the “Company Name” section, select “Sheetal Universal IPO.”

Step 3: Choose either “Application No/CAF No” or “Beneficiary ID” or “PAN Number” to identify your application.

Step 4: Click on the “Search” button.

The result of your Sheetal Universal IPO allotment will be displayed on your computer screen or mobile device.

The company will initiate the refund process for those applicants who were not allotted shares. Investors who have been allocated shares can expect them to be credited to their demat accounts.

The much-anticipated Sheetal Universal IPO is set to be listed on the NSE SME exchange on Monday, December 11, 2023.

Sheetal Universal IPO GMP (Grey Market Premium) Today:

As of today, the GMP for Sheetal Universal IPO stands at ₹12. This GMP indicates that Sheetal Universal’s shares are trading at a premium of ₹12 in the grey market, as reported by investorgain.com.

Considering the upper end of the IPO price band and the current premium in the grey market, it is estimated that Sheetal Universal shares may debut with a listing price of ₹82 per share, which is approximately 17.14% higher than the IPO price of ₹70.

The “grey market premium” serves as an indicator of investor sentiment and readiness to pay a premium over the issue price, providing valuable insights into the demand for the company’s shares.

Investors who participated in the Sheetal Universal IPO are encouraged to promptly check their allotment status on the official Bigshare Services Pvt Ltd portal to stay informed about their investment.

Disclaimer: The Grey Market Premium (GMP) is based on unofficial sources and may fluctuate. Investors are advised to exercise caution and verify information through official channels.

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