© Reuters.
Mamaearth’s initial public offering (IPO), managed by Honasa Consumer, successfully reached full subscription on the third day following a slow commencement. The firm has seen a surge in investor interest as evidenced by the significant increase in its Grey Market Premium, which now ranges between Rs 20 – 24.
Kfin Technologies Ltd. is handling the allotment process, allowing investors to confirm their status on its platform or the Bombay Stock Exchange (BSE) using their respective credentials. The allotment status provides investors with information about the number of shares allocated to them. To check their allotment status, investors need to access Kfin’s website, input pertinent details like application number or PAN card number, and click on “Submit” or “Check Allotment”. For future reference and use, investors are advised to maintain a digital record or printout of this allotment status.
The company’s shares are scheduled for listing on both the BSE and National Stock Exchange (NSE) on November 10. This event marks an important milestone for Mamaearth, as it sparks considerable anticipation within the investment community.
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