Sedemac Mechatronics IPO share allotment is expected to be finalised later tonight, March 9, after the issue drew an investor demand of 2.68 times in the primary market.
The Rs 1,087-crore Sedemac Mechatronics IPO was open for subscription between March 4-6. The powertrain controls and auto parts manufacturer had fixed the price band at Rs 1,287 to Rs 1,352 per share. Ahead of the public bidding, the company raised Rs 326 crore from anchor investors.
IPO Applicants can check their Sedemac Mechatronics IPO allotment status on the official website of the registrar, MUFG Intime India Pvt Ltd (formerly Link Intime India Pvt Ltd), by entering their application number or PAN. The status will also be available on the BSE and NSE websites.
Step 1: Open the link to the official registrar of the issue on this URL: https://in.mpms.mufg.com/Initial_Offer/public-issues.html
Step 2: Select the company from the dropdown menu.
Step 3: You can check your allotment status by filling in details like PAN, application number or DP client ID.
Step 4: Press the Submit button
Step 5: Your allotment status will be shown in the window.
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 'Sedemac Mechatronics' by selecting Equity & SME IPO bid details
Step 3: Investors can check the allotment status by filling in details like their IPO Application number or PAN details after selecting 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 BSE by clicking on this direct link (https://www.bseindia.com/investors/appli_check.aspx)
Step 2: Select Equity in the issue type.
Step 3: Fill in the required details including the 'Issue Name'.
Step 4: Enter PAN number and click on Search to view the status
Step 5: The allotment status will be shown in the window.
According to platforms tracking the grey market activities, the shares of Sedemac Mechatronics are commanding a GMP of up to 4 percent.
Sedemac Mechatronics IPO shares will be listed on both NSE and BSE on March 11.
Disclaimer: The views and investment tips expressed by investment experts on Moneycontrol.com are their own and not those of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.
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