Mumbai: The allotment for Sambhv Steel Tubes IPO will be finalised on June 30. If you applied between June 25 and June 27, you can now check if you received any shares. The listing date is set for July 2 on both NSE and BSE.

How to Check Allotment Status Easily

1. On BSE Website:

- Go to the BSE IPO allotment page.

- Select ‘Equity’ as the issue type.

- Choose ‘Sambhv Steel Tubes IPO’ from the dropdown.

- Enter your application number or PAN.

- Complete the captcha and click Search.

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2. On NSE Website:

- Visit the NSE IPO tracking page.

- Click on ‘Equity and SME IPO Bid Details’.

- Select ‘Sambhv Steel Tubes IPO’ from the list.

- Enter application number and PAN.

- Click Submit to see your status.

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3. On Kfin Technologies (Registrar's Website):

- Visit Kfin Technologies official site.

- Select ‘Sambhv Steel Tubes IPO’ from the list.

Choose any of the following options:

- PAN

- Application Number

- DP ID/Client ID

- Bank Account Number

- Fill the details and click Search.

- IPO Subscription Was Strong

- The Sambhv Steel Tubes IPO saw high demand.

- QIBs (Big investors): 66.36 times

- NIIs (HNI investors): 33.88 times

- Retail investors: 8.56 times

The total subscription was 30.33 times, showing strong interest across investor categories.

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IPO Price and GMP Outlook

The IPO price was fixed at Rs 82 per share. In the grey market, the shares are trading at a premium of Rs 14, meaning a likely listing price of around Rs 96. This could give investors a 17 percent gain on listing.

However, remember that GMP is unofficial and may not reflect the actual listing price.

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IPO Details in Brief

Issue Size: Rs 540 crore

Issue Managers: Nuvama Wealth & Motilal Oswal

Registrar: Kfin Technologies

IPO Dates: June 25 to June 27

Listing Date: July 2