Premium Plast IPO Allotment Status

Summary

Premium Plast IPO has received an impressive response from investors, closing with a strong subscription of 38.87 times by 23rd October 2024 at 5:23:58 PM (Day 3). The public issue witnessed exceptional demand across investor categories. The Retail Investors segment led with a remarkable subscription of 65.37 times, showing strong individual investor confidence.

The Non-Institutional Investors (NII) category demonstrated solid interest with 19.56 times subscription. The Qualified Institutional Buyers (QIB) portion was subscribed 6.74 times. The Market Maker portion was fully subscribed. This strong response across categories resulted in 49,743 applications, indicating robust market confidence in Premium Plast's offering.

How to Check Premium Plast IPO Allotment Status:

How do you Check Premium Plast IPO Allotment Status on the Registrar's Site?

Step 1: Visit the web portal of Bigshare Services Pvt Ltd (https://www.bigshareonline.com/ipo_allotment.html)

Step 2: From the selection menu, choose Premium Plast IPO.

Step 3: Pick a mode from the following three: PAN ID, Demat Account number, or Application number

Step 4: Choose "Application Type," then "ASBA" or "non-ASBA."

Step 5: Enter the information relevant to the mode you have chosen.

Step 6: For security reasons, please fill out the captcha accurately.

Step 7: Click "Submit."

How to Check Premium Plast IPO Allotment Status on BSE?

On the website of the Bombay Stock Exchange (BSE), investors who placed a bid for the Premium Plast IPO can monitor the allotment status:

Step 1: Click on this link: https://www.bseindia.com/investors/appli_check.aspx

Step 2: Click on "Issue Type" and choose "Equity."

Step 3: Choose "Premium Plast Limited" from the dropdown menu under "Issue Name."

Step 4: Enter your application number.

Step 5: Give the PAN ID.

Step 6: Select 'I am not a robot' and press the search button.

How to Check IPO Allotment Status in a Bank Account?

Log into your Internet Banking: Go to your bank's website or mobile app and log in.

Explore IPO Section: Locate the "IPO Services" or "Application Status" sections by going to the IPO Section. You can find this under the investing or services tab.

Offer Required Information: You might be asked to provide information like your PAN, application number, or other identifiers.

Verify Allotment Status: Once you submit your information, an IPO allotment status indicating the available allocation shares should appear.

Verify Status: To ensure accuracy, you can verify the status with the IPO Registrar or use other resources.

How to Check IPO Allotment Status in a Demat Account? 

Open Your Demat Account and Log in: To access your Demat account, use the mobile app or website of your Depository Participant (DP).

Find IPO Section: Look for the section titled "IPO" or "Portfolio." Search for any services or entries connected to the IPO.

Verify IPO Allotment Status: Look through the IPO section to see if the shares you were given are visible in your Demat account. This section often displays the status of your IPO application.

Verify with Registrar: If the IPO shares are inaccessible, visit the Registrar's website and enter your application data to verify allocation.

Contact DP service if Needed: If there are any discrepancies or problems, contact your DP's customer service.

Premium Plast IPO Timeline:

Premium Plast IPO Subscription Status

Premium Plast IPO received 38.87 times subscription with 49,743 applications. By 23rd October 2024 at 5:23:58 PM (Day 3), the detailed subscription status was:

Subscription Day 3 (as of 5:23:58 PM)
Total Subscription: 38.87 times
QIB: 6.74 times 
NII: 19.56 times 
Retail investors: 65.37 times 

Subscription Day 2
Total Subscription: 8.97 times
QIB: 1.00 times
NII: 2.14 times
Retail investors: 17.57 times

Subscription Day 1
Total Subscription: 3.77 times
QIB: 1.00 times
NII: 0.89 times
Retail investors: 7.27 times

Premium Plast IPO Details 

Premium Plast's initial public offering (IPO) is a book built issue amounting to ₹26.20 crores. This offering consists of a fresh issue of 53.46 lakh shares.

The bidding process for the Premium Plast IPO commenced on 21st October 2024 and concluded on 23rd October 2024. The allotment results for this IPO are anticipated to be finalised on 24th October 2024. Furthermore, the shares of Premium Plast are set to be listed on the NSE SME, with a provisional listing date scheduled for 28th October 2024.

The Premium Plast IPO price band has been established between ₹46 and ₹49 per share. Investors must apply for a minimum lot size of 3,000 shares, which requires a minimum investment of ₹147,000 for retail investors. For non-institutional investors (NII), the minimum investment consists of 2 lots (6,000 shares), totalling ₹294,000.

Khandwala Securities Limited serves as the book running lead manager for the Premium Plast IPO. Bigshare Services Pvt Ltd is designated as the registrar for this offering.