How To Check Blue Pebble IPO Allotment Status

The Blue Pebble IPO opened for bidding on March 26, 2024, and concluded on March 28, 2024. The Blue Pebble IPO allotment status is set to be finalised today, April 1. The SME IPO garnered overwhelming interest, with a subscription rate exceeding 52 times by the third day.

If you applied for the SME IPO, here is how you check the Blue Pebble IPO allotment status.

Checking IPO Allotment Status on Registrar's Website:

Follow these steps to check the Blue Pebble IPO allotment status

1. Visit the registrar's website.
2. Click on "Company Selection" and choose "Blue Pebble" from the dropdown menu.
3. Then you can enter your PAN, application number, or Demat.
4. Enter the captcha and click Submit to retrieve the Blue Pebble IPO allotment status

If all the details are entered correctly and the allotment has been finalised, the Blue Pebble IPO allotment status will be visible.

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Blue Pebble IPO Subscription Status

The IPO comprises 10.8 lakh shares, with allocations of 2.04 lakh (18.96%) to qualified institutional buyers (QIBs), 1.54 lakh (14.30%) to non-institutional investors (NIIs), 3.59 lakh (33.26%) to retail individual investors (RIIs), and 3.05 lakh (28.30%) to Anchor investors.

The subscription status of Blue Pebble IPO on the final day reflected an overwhelming response, with over 52 times subscription. The SME IPO received a staggering 4.05 crore share applications, with the retail portion accounting for 2.09 crore applications.

With plans to raise over ₹18.14 crores, Blue Pebble set a price range of ₹159 to ₹168 per share for its IPO. Retail investors are required to invest a minimum of ₹1.344 lakh, corresponding to a minimum lot size of 800 shares per application.

The IPO shares are scheduled to be listed on the NSE Emerge, with an anticipated listing date of Wednesday, April 3, 2024. The proceeds from the issue will primarily fund capital expenditure for machinery installation, working capital requirements, and general corporate purposes.

Blue Pebble IPO GMP

The grey market premium (GMP) for Blue Pebble IPO dropped to ₹15, suggesting investors’ readiness to pay more than the issue price. The estimated listing price is expected to be ₹183, representing an 8.93% premium over the IPO price of ₹168.

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