Parts are expected to be credited to successful Demat Bidders accounts on June 2, with stock specified in the list of BES SME Platform on June 3.
IPO saw a moderate general subscription 1.79 times. The marketing part subscribed to 1.69 times, and the non-category investor in institutional (nii) showed a stronger interest in 5.60 times.
However, eligible parts of the institutional buyers (Qib) remain underwear, with bids covering 70% of the allotted quota. This unfair demand, especially weak participation in Qib, can weigh the feeling of listing the day.
Increasing the lowered tone is the most recent Gray Market Premium (GMP) for Astonea Lab IPOstanding with zero. This suggests that the stock can list around the issue of Rs 135 per share, with no significant lists expected today.
How to check Astonea Labpo IPO allotted with BSE: Visit: https://www.bseindia.com/investors/appli_check.aspx
Choose ‘Equity’ and ‘Asteona Labs’ from Dropdown.
Enter your application number or pan.
Click ‘Search’ to view the status of spending.
Check by KFIN technologies (Registrar):
Visit: https://ris.kfintech.com/iprostatus/
Choose ‘Astena Lab IPO’
Enter your pan, application number, or DP / client ID.
Click ‘Submit’ to view your allotment.
Astonea lab is a contract manufacturer of company products and cosmetics and also market brands like “glow up” and “Regero”.
The company has the presence of household and export markets, including countries such as Iraq and Yemen. Profits from IPO go to expand Bolivia registration, installing machinery for international development of perfumes, advertising, tech capital, and tech capital.
(Disclaim: Recommendations, suggestions, views, and opinions given to experts themselves. It does not represent economic views
