The share allotment for BMW Ventures IPO will likely be finalised by today, September 29. IPO applicants can check their allotment status on BSE and NSE, as well as the official site of its registrar.
The maiden public issue of the company saw strong investor interest during its three days of public bidding, being subscribed more than 1.5 times its offer size between September 24 and September 26.
BMW Ventures IPO GMP
The shares of the company are commanding a flat grey market premium (GMP) over the IPO price, according to data on Investorgain.
IPO applicants can check their BMW Ventures IPO allotment status on the official website of the registrar, Cameo Corporate Services. The status will also be available on the websites of stock exchanges BSE and NSE.
BMW Ventures IPO: How to check allotment status on Cameo Corporate Services?
- Step 1: Click on the direct link to the registrar. (https://ipo.cameoindia.com/)
- Step 2: Select the company 'BMW Ventures’ from the dropdown menu.
- Step 3: Choose one of the options from application number or PAN number.
- Step 4: Fill in the Captcha code and press the button ‘Submit’.
- Step 5: You will be able to see the allotment status
- Step 1: Open the website of NSE by clicking on this direct link (https://www.nseindia.com/products/dynaContent/equities/ipos/ipo_login.jsp)
- Step 2: Select the company ‘BMW Ventures’ by selecting Equity & SME IPO bid details.
- Step 3: Fill in the necessary details like IPO Application number or PAN details after selecting the company symbol.
- Step 4: Press the 'Submit' button
- Step 5: The allotment status will be shown in the window.
- Step 1: Open the website of Bombay Stock Exchange (BSE).
- Step 2: Click on 'Investors' option.
- Step 3: On the 'Investor Services' dropdown, click on 'Status of Issue Application'.
- Step 4: Click on 'Application Status Check'.
- Step 5: Select Equity in the issue type.
- Step 6: Fill in the required details including the 'Issue Name'.
- Step 7: Enter PAN number and click on 'Search' to view the status.
BMW Ventures IPO got subscribed 1.5 times on the final of share sale on Friday. The initial public offer of the company engaged in marketing and distribution of steel products received bids for 3.51-crore shares against 2.34-crore shares on offer, according to NSE data.
The shares of the company are scheduled to be listed on stock exchanges on October 1.
Follow all IPO news here.
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