Share Samadhan Limited IPO GMP

Share Samadhan Limited is India's biggest organization for the recovery of unclaimed investments, money, and assets. Envisioned on 11.11.11, it operates in the financial services sector and is the sole Public Limited company in this particular area, serving a diverse range of asset classes. Their USPs include significant experience, specialized services, and a strong, client-centric attitude.

Share Samadhan, an Book Built Issue amounting to ₹24.05 Crores, consisting entirely an Fresh Issue of 32.51 Lakh Shares. The subscription period for the Share Samadhan IPO opens on September 09, 2024, and closes on September 11, 2024. The allotment is expected to be finalized on or about Thursday, September 12, 2024, and the shares will be listed on the BSE SME with a tentative listing date set on or about Monday September 16, 2024.

The Share price band of Share Samadhan IPO is set at ₹70 to ₹74 equity per share, with a minimum lot size of 1,600 shares. Retail investors are required to invest a minimum of ₹118,400, while the minimum investment for High-Net-Worth Individuals (HNIs) is 2 lots (3,200 shares), amounting to ₹236,800.

NARNOLIA FINANCIAL SERVICES LIMITED is the book-running lead manager, SKYLINE FINANCIAL SERVICES PRIVATE LIMITED is the registrar for the Issue. Nikunj Stock Broker Limited is the sole Market Marker for the Share Samadhan IPO.

Share Samadhan Limited IPO GMP Today
The Grey Market Premium of Share Samadhan Limited IPO is expected in the range of ₹20 to ₹26 based on the financial performance and Subscription status of the company. No real trading is done on the basis of Grey Market Premium that's why no real discovery of price can be done before the listing of shares on the stock exchange. The Grey Market Premium totally depends upon the Demand and Supply of the shares of the company in unorganized manner which is not recommended. The Grey Market Premium is mentioned for educational and informational purposes only.

Share Samadhan Limited IPO Live Subscription Status Today
As of 06:00 PM on 11 September 2024, the Share Samadhan Limited IPO live subscription status shows that the IPO subscribed 13.63 times on its Final day of subscription period. Check the Share Samadhan Limited IPO Live Subscription Status Today at BSE.

Share Samadhan Limited IPO Allotment Status
Share Samadhan Energy  IPO allotment date is 12 September, 2024, Thursday. Share Samadhan IPO Allotment will be out on 12th August 2024 and will be live on Registrar Website from the allotment date. Check Sahre Samadhan Limited IPO Allotment Status here. Here's how you can check the allotment status:
- Navigate to the IPO allotment status page.
- Select Share Samadhan Limited IPO from the dropdown list of IPOs.
- Enter your application number, PAN, or DP Client ID.
- Submit the details to check your allotment status.
By following either of these methods, investors can quickly determine their allotment status and proceed accordingly with their investments.

Objectives of Share Samadhan Limited IPO
Share Samadhan Energy Issue Proceeds from the Fresh Issue will be utilized towards the following objects : 
1) ₹41,000.00 Thousanfds is required to meet out the expenses for Investment in Technology
2. ₹35,648.00 Thousanfds is required to meet out the expenses for Unidentified Acquisition for Company (In India or Abroad)
3. ₹79,000.00 Thousanfds is required to meet out the Working Capital requirements of the Company
4. To meet out the General Corporate Purposes; and
5. To meet out the Issue Expenses.

Refer to Share Samadhan Limited RHP for more details about the Company.