Park Medi World IPO: Allotment Status Analyzed
The Park Medi World IPO, which was hugely popular with investors, is nearing its final stage. Investors showed a lot of interest, and the company is now preparing to decide who gets shares. This means investors are eagerly awaiting the results of their applications. The IPO was very successful, attracting more than eight times the number of shares that were offered for sale.
Key Points
- Huge demand: Investors bid for over 338 million shares.
- Non-Institutional Investors led the interest (11.48x).
- Qualified Institutional Buyers also showed strong support (15.15x).
- Retail investors contributed significantly (3.16x).
- Grey market premium indicates potential listing gains.
- Allotment results to be announced today by registrar Kfin Technologies.
The IPO was priced between ₹154 and ₹162 per share. Investors wanted to buy a lot of shares – about 92 shares per order. The results will be announced soon, and this will determine if you get to own shares in Park Medi World.
To check your allotment status, you can visit these websites: BSE (https://www.bseindia.com/investors/appli_check.aspx), Kfin Technologies (https://ipostatus.kfintech.com/), or NSE (https://www.nseindia.com/products/dynaContent/equities/ipos/ipo_login.jsp). These sites will let you see if your application was successful.
Currently, shares of Park Medi World are trading higher on the grey market – around ₹169.5. This suggests a “grey market premium,” meaning the shares are likely to be worth more when they start trading on the stock exchange. If this trend continues, you could see a profit when you buy and sell the shares.
“The grey market premium offers a glimpse into potential listing gains, but remember it’s just an estimate, not a guarantee.”
