
Investors are closely tracking the PhysicsWallah IPO today, as the share allotment for the much-talked-about public issue will be finalised on Friday, November 14. Those who subscribed to the IPO can find out whether they secured an allotment by visiting the registrar's website — MUFG Intime India Pvt Ltd (formerly Link Intime).
The IPO, which opened on November 11 and closed on November 13, saw a decent response from investors, getting subscribed 1.81 times by the final day. Applicants can now check whether they have been allotted shares and how many. If shares are allotted, they will reflect in the investor's demat account on Monday, November 17. For those who didn't make the cut, the refund process will also begin the same day.
The company is set to list on the stock exchanges on Tuesday, November 18.
Visit MUFG Intime India's IPO page: https://in.mpms.mufg.com/Initial_Offer/public-issues.html
In the grey market, the PhysicsWallah IPO is currently showing no premium, with the GMP at Rs 0. This means shares are trading at the issue price of Rs 109 without any gain or discount. Market trackers say the premium has been on a downward trend over the past 10 sessions, slipping from a high of Rs 9 to zero.
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