The much-anticipated Sahasra Electronics IPO allotment status will be finalized on October 1, 2024. After a successful subscription that closed on September 30, 2024, investors are keen to check whether they have been allotted shares in this tech-focused IPO.
Sahasra Electronics, known for its innovations in the electronics system design and manufacturing (ESDM) space, saw 122.06 times oversubscription, making it one of the most sought-after IPOs of the year.
Sahasra Electronics IPO Allotment Date
The IPO allotment date is scheduled for October 1, 2024, with refunds starting on October 3, 2024. The shares will be credited to Demat accounts by the same day, and the IPO listing is expected to take place on October 4, 2024.
How to Check Sahasra Electronics IPO Allotment Status Online
Investors who applied for the Sahasra Electronics IPO can check their allotment status by visiting the Bigshare Services Pvt Ltd website or the NSE website. Here are the steps to check:
Option 1: Checking via Bigshare Services
- Visit the Bigshare IPO Allotment Status Page at Bigshare IPO Status.
- Select Sahasra Electronics from the drop-down menu.
- Enter your Application Number, PAN Number, or Beneficiary ID.
- Complete the CAPTCHA verification.
- Click Submit to view your IPO allotment status.
Option 2: Checking via NSE
- Go to the NSE IPO Allotment Page at NSE IPO Status.
- Choose Sahasra Electronics from the menu.
- Enter either PAN Number, Application Number, or Demat Account Number.
- Click on the Search button to check your allotment status.
Sahasra Electronics IPO GMP Today
The grey market premium (GMP) for Sahasra Electronics IPO is trending around ₹175 per share, reflecting strong investor demand.
The GMP suggests a premium listing for the IPO, as the GMP is much higher than the offer price. With such strong grey market sentiment, the stock could potentially deliver impressive returns on the listing day.
Sahasra Electronics IPO Details
- IPO Open Date: September 26, 2024
- IPO Close Date: September 30, 2024
- Allotment Date: October 1, 2024
- Refund Date: October 3, 2024
- Listing Date: October 4, 2024
Sahasra Electronics: A Quick Overview
Sahasra Electronics is a leader in electronics system design and manufacturing (ESDM) services. Their manufacturing plant is located in Noida, Uttar Pradesh, and the company serves clients in various international markets, including the United States, Germany, and the United Kingdom.
With its cutting-edge facilities and focus on PCB assembly and LED lighting solutions, Sahasra is well-positioned to capitalize on the growing global demand for electronics.
Conclusion
The Sahasra Electronics IPO has generated significant interest due to the company’s strong market position and innovation-driven growth. With allotment status being announced soon, all eyes are now on the grey market performance and the upcoming listing.
Investors who receive allotment could potentially see healthy returns as the company gears up for its stock market debut.
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Disclaimer
The information provided in this article is for educational and informational purposes only. The stock market involves risks, and the performance of any stock is subject to market conditions and individual financial decisions. Readers should conduct their own research or consult with a financial advisor before making investment decisions. We are not responsible for any losses that may arise from decisions based on this content.