How To Check Supreme Facility Management IPO Allotment Status — Check GMP Today
The Supreme Facility Management IPO was subscribed 27.01 times on Friday. Investors can check the share IPO allotment status on Kfin Technologies Ltd.
The allotment for the Supreme Facility Management IPO is expected to be finalised on Monday, December 16. The SME issue garnered significant interest from the investors as it was booked 27.01 times on Friday, led by demand from retail investors.
The NSE SME issue was open for subscription for three days from December 11 to December 13. The company’s shares are expected to list on NSE SME on Wednesday, Dec. 18.
Investors applied for 16,88,19,200 shares against 62,49,600 shares on offer.
Retail investors applied for 11,95,36,000 shares compared to 28,12,800 shares reserved for them, subscribing to their quota by 42.5 times.
The Non-institutional investors (NIIs) applied for 4,41,28,000 shares against the 28,11,200 shares set aside for the category. The NIIs quota was subscribed 15.7 times.
On the other hand, Qualified Institutional buyers placed bids for 51,55,200 shares in comparison with the 6,25,600 shares on offer, subscribing their category by 8.24 times.
Investors can check the Supreme Facility Management IPO allotment status on the official website of the registrar for the IPO,Kfin Technologies Ltd. and on NSE website.
How To Check Supreme Facility Management IPO Allotment Status On Kfin Technologies
Visit the official website of KFin Technologies here.
Choose any one from the five servers.
Choose 'Supreme Facility Management Ltd.' from the list of companies.
Enter the Application Number, Demat account number or PAN.
Enter details as per your selection.
Enter Captcha.
Click 'Submit' to view allotment status.
How To Check Supreme Facility Management IPO Allotment Status On NSE
Visit the allotment status check page on the NSE website here.
Log in with your username and password.
Select 'Supreme Facility Management Ltd.' from the dropdown menu.
Verify the applicant’s PAN details.
Enter the application number for the IPO.
Click the 'Submit' option to check the allotment details.
Supreme Facility Management IPO GMP Today
The grey market premium of Supreme Facility Management IPO stood at Rs 24 as of 5:03 am on Dec. 16, according to InvestorGain. This indicates a listing gain of 31.58%, with the listing price being Rs 100 apiece.
Note: GMP or grey market price is not an official price quote for the stock and is based on speculation.
Supreme Facility Management IPO Details
The NSE SME IPO was an entirely fresh issue of 65.79 lakh shares worth Rs 50 crore.
The Supreme Facility Management IPO price band was set at Rs 72 to Rs 76 per share. The company appointed Khandwala Securities Ltd. as the sole book-running lead manager for the issue, while Kfin Technologies Ltd. is the registrar for the IPO. Aftertrade Broking Pvt. was the market maker for Supreme Facility Management IPO.
About Supreme Facility Management Ltd
Supreme Facility Management Ltd., a part of L V Shinde Group provides comprehensive facility management services, including housekeeping and cleaning, disinfecting and sanitising, staffing, and corporate food solutions for businesses. The company's operations are primarily divided into two segments— Integrated Facilities Management and Support Services. Its offerings include soft services such as housekeeping and cleaning, as well as hard services like electrical, plumbing, and maintenance.
Use of Proceeds
Supreme Facility Management Ltd. plans to use the net proceeds from its IPO to meet its working capital needs and support its inorganic growth strategies. A portion of the funds will also be utilised for general corporate purposes.
Disclaimer: Investments in initial public offerings are subject to market risks. Please consult with financial advisors and read red herring prospectus thoroughly before placing bids.
