The allotment of BLS Polymers' initial public offering (IPO) is expected to be finalised on October 30, a day after the Rs 255-crore issue closed for subscription. Investors can check their allotment status through the registrar, KFin Technologies, or the stock exchanges once the basis of allotment is published.
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In the grey market, BLS Polymers shares were commanding a premium of Rs 68, or around 45.33 percent, over the upper end of the price band, according to InvestorGain on October 30. At the upper price of Rs 150 per share, this indicates an estimated listing price of Rs 218.
However, the grey market premium (GMP) is an unofficial indicator of investor sentiment and does not guarantee listing gains. It can fluctuate before listing and should not be treated as a prediction of the actual listing price.
Investors can check their allotment status online once the basis of allotment is finalised.