Sansera Engineering IPO GMP: After the closing of bidding for Sansera Engineering Public Issue, the bidders are eagerly waiting for the date of allotment of shares, which is most likely on 21st September 2021. ₹1,282.98 crore public issues were subscribed 11.47 times in three-day bidding from 14 to 16 September 2021. According to Market Observer, the gray market is also showing some signs with respect to the public issue as Sansera Engineering IPO is recovering from the fall in gray market premium. From ₹from 80+ levels ₹10. He Said Sansar Engineering IPO GMP Today ₹38 – ₹20 up from your yesterday’s GMP ₹18. Market observers further stated that recovery in Sansera Engineering share price in gray market is due to strong response from bidders on the last date of IPO bidding.
Link to View Sansera Engineering IPO Allotment Status
However, after finalizing the share allotment process, bidders need not go anywhere as they can check their application status online by logging on to the BSE website or the official registrar of IPOs – Link Intime India Pvt Ltd. For convenience, bidders can directly login to the BSE link – bseindia.com/investors/appli_check.aspx OR Direct Link to Intime Web Link – linkintime.co.in/MIPO/Ipoallotment.html.
Sansera Engineering IPO Gray Market Premium
Sansera Engineering IPO Is Today as GMP ₹38, Market observers see strong recovery in gray market premium of Sansera Engineering IPO as it has come down from ₹since 83 ₹In just 3 days 10. He said Sansera Engineering’s IPO GMP failed after a slow response from investors in the first two days of IPO bidding. They expected further gains in Sansera Engineering IPO gray market value as it was once above ₹80 per.
What does this GMP mean for Sansera Engineering IPO
Market observers say that the gray market premium is nothing but an unofficial listing profit expected by the gray market. They said that ₹38 GMP means gray market is expecting Sansera Engineering IPO listing ₹772 ( ₹744+ ₹38) – about 3.5 percent more than its issue price ₹from 734 ₹744 per equity share.
Speaking on the financials of Sansera Engineering IPO; Abhay Doshi, Founder, UnlistedArena.com, said, “While being reasonably priced, the public issue looks a bit weak for a few reasons, such as overall growth appears to be muted, the EV revolution is also a challenge and the auto sector is in the near future. We are facing adverse conditions in the U.S. which may turn investors conservative. However, it will be interesting to see the membership data which may be one of the determining indicators of short-term sentiments.”
Sansera Engineering IPO: How to Check Status in BSE
As mentioned above, the bidders can visit the BSE website and log on to the BSE link – bseindia.com to check the status of their IPO application online. However, for convenience, they can directly log on to the BSE link – bseindia.com/investors/appli_check.aspx and follow the step by step guide mentioned below:
1]Directly log on to the BSE link – bseindia.com/investors/appli_check.aspx;
2]Select Sansar Engineering IPO;
3]Enter your Sansar Engineering IPO Application Number;
4]Enter your PAN card details;
5]Click on ‘I am not a robot’; And
6]Click on the ‘Submit’ button.
Your Sansera Engineering IPO allotment status will be available on your computer monitor or your smartphone screen.
Sansera Engineering IPO: How to Check Status on Link Intime?
To check IPO application status online, bidders may login to Linkintime’s website or directly on LinkIntime’s web link – linkintime.co.in/MIPO/Ipoallotment.html and follow the step-by-step guide mentioned below can follow:
1]Log on to the Direct Link Intime web link – linkintime.co.in/MIPO/Ipoallotment.html;
2]Select Sansar Engineering IPO;
3]Enter your PAN details; And
4]Click on the ‘Search’ option.
Your Sansera Engineering IPO allotment status will be available soon on the computer monitor or smartphone screen.
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