Chatha Foods IPO allotment finalised today; check latest GMP, 4 steps to check status

  • Chatha Foods IPO share allotment finalised on March 26. Investors can verify allotment status on Skyline Financial Services website. Refund procedure for non-allocated shares starts on March 27. Chatha Foods IPO GMP at +10 in grey market.

Dhanya Nagasundaram
Published26 Mar 2024, 09:29 AM IST
Chatha Foods IPO share allotment will be finalised today (Tuesday, March 26).
Chatha Foods IPO share allotment will be finalised today (Tuesday, March 26). (https://cfpl.net.in/)

Chatha Foods IPO allotment date: Chatha Foods IPO share allotment has been finalised today (Tuesday, March 26). By visiting the registrar's website, Skyline Financial Services Private Ltd, investors who applied for the issue can verify the Chatha Foods IPO allotment status.

Investors may find out if and how many shares they have been assigned by looking up the basis of allocation. In the IPO allotment status, the number of shares allocated is also shown. For applicants who did not receive shares, the company will start the refund procedure. In their demat accounts, the shares of those who are allocated will be received.

For those who did not receive shares, the refund procedure will begin on Wednesday, March 27. On the same day, those who have been allocated will get their shares in their demat accounts.

Also Read: Bharti Hexacom IPO: Price band set at 542-570 apiece; check issue details, key dates, more

"Exciting news! Mint is now on WhatsApp Channels 🚀 Subscribe today by clicking the link and stay updated with the latest financial insights!" Click here!

Chatha Foods IPO listing date is scheduled for Wednesday, March 27.

If you have applied for the Chatha Foods IPO, you can check your Chatha Foods IPO allotment status immediately on the website of the IPO registrar, Skyline Financial Services Private Ltd - https://www.skylinerta.com/ipo.php

Step 1

Go to Skyline Financial Services Private Ltd, the IPO registrar for Chatha Foods, by clicking that above link.

Step 2

Select the IPO from the dropbox; its name will only be added when the allocation is finished.

Step 3

Select one of the three options to check the status: Application No, Demat Account, or PAN.

Using the following IDs, one may check up the allotment status for the IPO.

Income Tax PAN (permanent account number) number - Using your mapped Income Tax PAN number, you may first check the progress of your application. Once you've selected PAN from the drop-down menu, enter your 10-digit alphanumeric PAN. After entering the PAN, click the "Submit" button.

Application number or CAF number- You may also check the allocation status by entering your CAF number or application number. Click "Search" once the application or CAF number has been entered. After completing the IPO application process, you were given an acknowledgement document. Enter the application precisely as it appears on that page. The information on the shares that were allotted to you in the IPO may then be accessed by clicking the "Submit" button.

Beneficiary ID- You may also use your demat account's beneficiary ID. Next, the client ID and depository participant (DP) IDs must be entered as a single string. Whereas the CDSL string is numerical, the NSDL string is alphanumeric. Enter the DP ID and customer ID exactly as they appear. Your client ID and DP are disclosed in both the statement of account and the online DP statement. Next, press the "Submit" button.

Step 4

The screen will show the IPO status and the number of Chatha Foods IPO shares allotted.

Also Read: SRM Contractors IPO opens tomorrow: GMP, issue details, 10 key things to know before investing to 130 crore issue

Chatha Foods IPO GMP today

Chatha Foods IPO GMP or grey market premium is +10. This indicates Chatha Foods share price were trading at a premium of 10 in the grey market, according to investorgain.com.

The Chatha Foods IPO expected listing price was indicated at 66 apiece, which is 17.86% higher than the IPO price of 56, taking into account the upper end of the IPO pricing band and the current premium on the grey market.

Grey market activity over the previous 11 sessions indicates that the IPO GMP is moving upward and that a robust listing is anticipated. Rs. 0 is the lowest GMP and Rs. 13 is the highest, as per investorgain.com analysts. 

'Grey market premium' indicates investors' readiness to pay more than the issue price.

Also Read: Bharti Hexacom IPO: Airtel arm's public issue to open on April 3, TCIL to offload 15% stake; Details here

Disclaimer: The views and recommendations above are those of individual analysts, experts and broking companies, not of Mint. We advise investors to check with certified experts before making any investment decision.

Catch all the Business News , Market News , Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.

Business NewsMarketsIPOChatha Foods IPO allotment finalised today; check latest GMP, 4 steps to check status
MoreLess