The Rex Sealing and Packing Industries Ltd initial public offering (IPO) received 2.65 times the number of bids as the total public issue worth ₹21.44 crore during the four-day subscription period from December 30, 2022 to January 4, 2023. The retail portion of the IPO was subscribed 3.30 times during this period. The IPO allotment date is tentatively scheduled for January 9, 2023. However, the grey market sentiment for the Rex Sealing IPO has cooled off ahead of the share allocation date. According to primary market observers, shares of Rex Sealing Ltd. are currently being offered at a premium of ₹-6 in the grey market.
Rex Sealing IPO GMP :
According to market observers, the grey market premium for the Rex Sealing IPO is currently at ₹-6, an increase of ₹2 from its Friday value of ₹1. Despite mixed sentiment on Dalal Street and a lack of clarity about the direction of the markets, the grey market for the Rex Sealing IPO has remained positive. Market observers attribute this to the possibility of a sharp upside movement in the grey market once there is a trend reversal in the secondary market.
Bidders for the public issue can check the status of their application online by logging in to the BSE website or the website of the official registrar, Link Intime Private Limited. For more convenience, a bidder can login at direct this BSE link : BSE India
To check the allotment status for the Rex Sealing IPO on the BSE:
- Go to the direct BSE link at : BSE Link (Click Here) and log in.
- Select the Rex Sealing IPO.
- Enter the Rex Sealing IPO application number.
- Enter your PAN details.
- Verify that you are not a robot by clicking the ‘I’m not a robot’ button.
- Click the ‘Submit’ button.
To check the allotment status for the Rex Sealing IPO on the Bigshare services online:
- Go to the direct Bigshareonline link at (Click Here) and log in.
- Select the Rex Sealing IPO.
- Enter the Rex Sealing IPO application number.
- Enter your PAN details.
- Verify that you are not a robot by clicking the ‘I’m not a robot’ button.
- Click the ‘Submit’ button.
Rex Sealing IPO GMP TODAY:
| Company Name | GMP | Listing Gain |
| Rex Sealing IPO GMP | -6 | -4.44% |
For More Latest News Click Here
