Vishnu Prakash R. Punglia is a well-known name in the real estate and infrastructure market of India at present. This brand has acquired a considerable share in the market and this company has also given very good returns to its early investors. According to the information, this company is going to be publicly listed through the Bombay Stock Exchange i.e. Vishnu Prakash IPO Allotment is going to happen. The eyes of all retail investors are focused on this IPO and in this article, we are going to give you all the information related to the upcoming public listing of this company. If you are also interested in this IPO, then please read this article till the end.
Vishnu Prakash IPO Allotment Status
On September 1, 2023, information was received that Vishnu Prakash, a well-known leading infrastructure company within India, is registering for public listing in the Bombay Stock Exchange, after which the news spread from the gray market that this list is very beneficial to retail investors. Will make good profits. According to the information, Vishnu Prakash’s IPO GMP Today is said to be around ₹54.
If you had applied for Vishnu Prakash IPO Allotment, then today on September 1, 2023, shares will be sent to your demat account from Mumbai Stock Exchange, provided you tried to buy these shares at the correct prices. According to the information, 87 percent more orders came from retail investors for this IPO in comparison to Shares.
We would like to tell you information that Vishnu Prakash R Punglia Limited’s IPO is not a small company but a leading brand in the name of infrastructure in India. The company has a very good track record and has successfully executed several private and government projects in the recent past.
Already many private investors have invested money in this company, but now this company is going to go for public listing through Bombay Stock Exchange for Rs.308 crores. It is being told that to apply for this IPO, you must take a minimum share of ₹ 14500.
Vishnu Prakash IPO Allotment Overview
|Article||Vishnu Prakash IPO Allotment|
|Organization||Bombay Stock Exchange|
|Date||1st September 2023|
|Share Price||More than 50, Less than 100|
Vishnu Prakash IPO GMP Today
Many people need to learn that how much each share will cost them in this IPO and what percentage of profit they can make on these shares. Some gray market experts believe that this stock is very good for long-term investment and can give you up to 400% returns within the next 5 years only.
Right now you will be required to spend at least ₹ 14500 to subscribe to this IPO, under which Vishnu Prakash IPO Today GMP can be around ₹ 54. It is a good infrastructure company that has done government and private projects very successfully and, in the future, it will get many projects from the government as well as from companies in the private sector.
Vishnu Prakash IPO Subscription Status
|Type of Investors||Vishnu Prakash IPO Subscription Status|
|Qualified Institutional Buyers||171 Times|
|Non Institutional Buyers||111 Times|
|Retail Investors||32 Times|
Vishnu Prakash IPO Complete Details
The news of the public listing of Vishnu Prakash Infrastructure Company came on 1 September 2023. According to the information, this company was going to do its IPO allotment from 24 August to 28 August 2023. The money was going to be refunded on September 1 by the Mumbai Stock Exchange.
These shares were going to be credited to everyone’s demat account on 4th August and from 5th August Vishnu Prakash will become a public listing company in the stock market of India. When you buy the shares of the company through IPO, you will be given 150 shares in one lot. Minimum you have to invest ₹ 14500 for an IPO subscription.
How to Check Vishnu Prakash’s IPO Allotment Status?
If you also want to earn profit through the IPO of an infrastructure company named Vishnu Prakash and you have applied to buy its shares then we would like to tell you that allotment has started and you need to check the allotment status If you do not know how to check allotment status, please follow the steps given below:
- First of all, you have to go to the official website of the Mumbai Stock Exchange.
- If you want, you can also get help from this website: linkintime.co.in
- There you will get an option to check IPO allotment stats, on which you will have to click.
- Then you have to select Vishnu Prakash IPO there.
- Now you will be asked to enter your application number or PAN number, you have to enter it correctly.
- On clicking submit, you will be shown the IPO allotment status linked to your demat account on the screen.
Vishnu Prakash IPO Allotment Check Link
For your convenience, we have given the link to check Vishnu Prakash’s IPO allotment status below, You can use it if you want or you can do this work by visiting the official website of the Bombay Stock Exchange. According to the information, shares will be credited on all demat accounts by September 4, 2023, so if you have not got allotment of this IPO in your account yet, do not panic and wait till September 4, 2023. Your money will also definitely be refunded.
FAQs on Vishnu Prakash IPO Allotment
When would Allotment happen?
On 1st September 2023.
When would shares be credited into accounts?
On 4th September 2023.