Amanta Healthcare IPO Allotment Today: Latest GMP, Allotment Status and Full Details
Today is a very important day for stock market investors because Amanta Healthcare IPO allotment is going to be finalized today. This IPO created a tremendous craze among investors and the subscription figures surprised even the market experts. If you have also bid in this IPO, then checking the allotment status will be on your priority list today. In this article, we will tell you in detail about Amanta Healthcare IPO allotment, GMP updates, listing expectations and future plans of the company.
Amanta Healthcare IPO Allotment Today
Today, on 4 September, Amanta Healthcare IPO allotment will be finalized. Investors showed strong interest during the public bidding window of the IPO and the IPO was subscribed 82.52 times more than its offer size. These numbers clearly indicate that investors are quite bullish about the prospects of the company. After allotment, the lucky applicants will get shares and the rest of the investors will get a refund initiated.
To check the allotment status, applicants can check their application number, PAN or DP ID/Client ID on the registrar website of MUFG Intime India. Also, allotment details will be available on the official websites of BSE and NSE.
Amanta Healthcare IPO GMP Update
Before listing, most of the discussion is always about GMP. Amanta Healthcare IPO GMP is currently trading at a 6.75% premium to the grey market price of ₹134.5 per share. This GMP sets a modest expectation for listing gains. But if we compare it with the opening day of the IPO, the GMP at that time was around 19.84%. This means that the excitement before the listing has cooled down a bit, but the company is still expecting to list with a positive premium.
Amanta Healthcare IPO Details
Amanta Healthcare, which has a strong hold in the pharmaceutical sector, launched its IPO to raise ₹126 crore. The company had issued a fresh issue of 1 crore shares with a price band of ₹120-126 per share. The minimum lot size for retail investors was 119 shares, which if calculated at the upper price band, would have resulted in an investment of ₹14,994.
Before the IPO opened, the company had raised ₹37.8 crore from anchor investors. A total of 30 lakh shares were allocated through anchor book, out of which 7.93 lakh shares went to Bandhan Mutual Fund’s Small Cap Fund. This allocation was considered a positive signal in the market as the trust of mutual funds is an indicator of the success of the IPO.
Amanta Healthcare GMP and Investor Sentiment
Grey market premium is always a barometer of investor sentiment. GMP was quite high when the IPO opened, but it has moderated a bit as of today. Experts say that GMP fluctuations are quite normal and final listing gains will depend on market conditions and demand. For investors who are lucky in the IPO allotment, the possibility of short-term listing gains still remains.
Amanta Healthcare IPO Fund Utilization
Amanta Healthcare is going to use its IPO proceeds strategically. The company has announced that it will invest ₹70 crore for SteriPort’s new manufacturing line and ₹30.13 crore for small volume parenteral (SVP) manufacturing line at Hariyala facility in Gujarat. The remaining funds will be kept for general corporate purposes.
This IPO can become a potential growth story for those investors who want to invest for a long time, while good returns are expected on listing for short-term traders. Strong subscription numbers and trust of anchor investors further strengthen the positive sentiment towards this IPO in the market.
Amanta Healthcare IPO: How to check allotment status on MUFG Intime?
- Step 1: Open the link to the official registrar of the issue on this URL: (https://in.mpms.mufg.com/Initial_Offer/public-issues.html)
- Step 2: Select the company ‘Amanta Healthcare’ from the dropdown menu.
- Step 3: Fill in details like PAN, application number or DP client ID.
- Step 4: Press the ‘Submit’ button.
- Step 5: Your allotment status will be shown in the window.
Amanta Healthcare IPO: How to check allotment status on NSE?
- Step 1: Open the website of NSE by clicking on this direct link (https://www.nseindia.com/invest/check-trades-bids-verify-ipo-bids).
- Step 2: Select the company ‘Amanta Healthcare’ under Equity & SME IPO bid details.
- Step 3: Fill in the necessary details like IPO Application number or PAN details after selecting the company symbol.
- Step 4: Press the ‘Submit’ button
- Step 5: The allotment status will be shown in the window.
Amanta Healthcare IPO: How to check allotment status on BSE?
- Step 1: Open the website of Bombay Stock Exchange (BSE).
- Step 2: Click on ‘Investors’ option.
- Step 3: On the ‘Investor Services’ dropdown, click on ‘Status of Issue Application’.
- Step 4: Click on ‘Application Status Check’.
- Step 5: Select Equity in the issue type.
- Step 6: Fill in the required details including the ‘Issue Name’.
- Step 7: Enter PAN number and click on ‘Search’ to view the status.
Amanta Healthcare IPO Valuation and Future Outlook
Amanta Healthcare has set its valuation around ₹500 crore. This valuation is considered to be quite reasonable in the pharmaceutical industry as the demand for sterile liquid and parenteral products is still high. If the company successfully implements its manufacturing expansion plans, it can see strong growth in both revenue and profit.
This IPO can be a growth story for long-term investors, while short-term traders are excited for listing gains. Both subscription data and anchor investor participation reflect strong confidence.
Conclusion
The Amanta Healthcare IPO allotment being finalized today is a big moment for investors. The grey market premium is fluctuating slightly but there is optimism on market listing due to being in the positive zone. The company’s expansion plans and demand from the pharmaceutical sector together make this IPO a solid long-term bet. Investors can check their allotment status on the registrar’s website, BSE or NSE portal.
Disclaimer:
This article is for informational purposes only. This is not any kind of financial advice or investment recommendation. Investing in the stock market is always associated with risk, so before taking any decision, definitely consult your financial advisor.
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