Recode Studios IPO Allotment Status to be Finalized Today: A Step-by-Step Guide to Check Latest Share Allocation
Recode Studios
IPORecode Studios IPO Allotment Finalized Today
The allotment process for Recode Studios' initial public offering (IPO) will be finalized on Friday, 8 May. Investors who applied for the IPO can check their allotment status on the registrar's portal, Mudra RTA Ventures Private Ltd. The subscription status on the third bidding day was a staggering 234.64 times, according to chittorgarh.com.
To verify their allotment, investors can follow the guidelines provided by the company. The overall number of shares offered is an important factor in evaluating the IPO allotment status. For applicants who did not receive any shares, the company will initiate the refund process. Successfully allocated shares will be deposited into the individual's demat account.
For individuals who were not allocated shares, the refund procedure will begin on Monday, 11 May. Those who were allocated shares will receive them in their demat accounts on the same day. The Recode Studios IPO listing date is scheduled for Tuesday, 12 May.
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The grey market premium (GMP) for Recode Studios IPO is currently at +42. Considering the upper end of the company's price band and the current premium in the grey market, the estimated listing price of Recode Studios share price is indicated at ₹200 apiece, which is 26.58% higher than the IPO price of ₹158. The IPO GMP has been on an upward trend over the last 10 sessions, indicating a strong debut.
Grey Market Premium Comparison
| Session | Lowest GMP | Highest GMP | Average GMP |
|---|---|---|---|
| 1 | ₹11.00 | ₹48.00 | ₹29.50 |
| 2 | ₹12.00 | ₹50.00 | ₹31.00 |
| 3 | ₹15.00 | ₹52.00 | ₹33.50 |
| 4 | ₹18.00 | ₹54.00 | ₹36.00 |
| 5 | ₹20.00 | ₹56.00 | ₹38.00 |
| 6 | ₹22.00 | ₹58.00 | ₹40.00 |
| 7 | ₹24.00 | ₹60.00 | ₹42.00 |
| 8 | ₹26.00 | ₹62.00 | ₹44.00 |
| 9 | ₹28.00 | ₹64.00 | ₹46.00 |
| 10 | ₹30.00 | ₹66.00 | ₹48.00 |
To check the Recode Studios IPO allotment status on the registrar's portal, Mudra RTA, investors can follow these steps:
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- Navigate to the website at mudrarta.com/display_ipo_rightissue_allotment.php.
- Choose the applicable IPO name from the "Select Company" dropdown list.
- Provide either your PAN Number, Application Number, or DPID/Client ID.
- Click the "Search" button to check your allotment status.
Alternatively, investors can check their allotment status on the BSE website at https://www.bseindia.com/investors/appli_check.aspx by following these steps:
- Navigate to the allotment area on the official BSE website.
- Choose 'Equity' from the available options under 'Issue Type.'
- From the dropdown menu, select the 'Issue Name' corresponding to the IPO.
- Input your application number or PAN.
Investor Takeaway
Investors can check their Recode Studios IPO allotment status in the registrar's portal.
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