How To Check ABS Marine Services IPO Allotment Status

The allotment date for the ABS Marine Services Limited IPO is set for May 16, 2024, with shares priced between ₹140 and ₹147 per share and a face value of ₹10. The offering consists of lots of 1000 shares, with bids accepted for these lots or their multiples.

If you applied for the IPO, here is how you can check the ABS Marine Services IPO allotment status.

Checking ABS Marine Services IPO Allotment Status on Registrar's Website:

Follow these steps to check the ABS Marine Services IPO allotment status

  1. Visit the registrar's website.
  2. Click on "Company Selection" and choose "ABS Marine Services " 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 ABS Marine Services IPO allotment status

If all the details are entered correctly and the allotment has been finalised, the ABS Marine Services IPO allotment status will be visible.

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ABS Marine Services IPO Subscription Status

The ABS Marine Services Limited IPO GMP (Grey Market Premium) is ₹101 as of May 15.

On the fourth day, the ABS Marine Services IPO maintained strong interest, achieving a subscription rate of 142.99 times, highlighting the robust optimism of investors for the company's market debut.

ABS Marine Services launched an SME IPO on May 10, aiming to raise ₹96.29 crore by offering 65.5 lakh shares priced at ₹140-₹147. The IPO closes on May 15, with shares listing on the NSE SME on May 21.

GYR Capital Advisors is the book runner, with Purva Sharegistry managing the registry. The minimum bid is 1000 shares, costing retail investors at least ₹1.47 lakh.

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Posted In: NewsIPOsABS Marine Services