Shoora Designs IPO Allotment Status and GMP Revealed
Shoora Designs IPO allotment is set to be finalized on Thursday, August 24. Investors eagerly anticipating the outcome of their applications can now check the Shoora Designs IPO allotment status via the official registrar’s portal, managed by Kfin Technologies Ltd.
The allocation of shares through the basis of allotment will determine the number of shares each investor will receive. For those who haven’t been granted shares, the refund process will commence on Friday, August 25. On the other hand, fortunate allottees will find the allocated shares credited to their demat accounts by Monday, August 28.
Mark your calendars, as Shoora Designs IPO is scheduled to be listed on BSE SME on Tuesday, August 29. As an investor who has expressed interest in Shoora Designs shares, you’re likely eager to learn how to verify your allotment status.
Also Read: Shoora Designs IPO Details | GMP, Date, Price, Review
Check Your Shoora Designs IPO Allotment Status: A Step-by-Step Guide
For those who have applied for the Shoora Designs IPO, the process of checking your allotment status is straightforward and convenient. Here’s how you can go about it:
Step 1: Access the Allotment Status Link
Firstly, navigate to the dedicated Shoora Designs IPO allotment status page provided by the IPO registrar, Kfin Technologies Ltd.
The link to this page is: https://ris.kfintech.com/ipostatus/
Step 2: Choose Your IPO Application
Upon accessing the link, you’ll be presented with five distinct links, each associated with a particular IPO. To proceed, select the link corresponding to the Shoora Designs IPO.
Step 3: Specify Identification Method
At this point, you’ll be prompted to choose one of three methods to identify your application’s status: Application Number, Demat Account, or PAN.
Step 4: Input Relevant Details
Depending on your chosen method:
- If you opt for the Application Number, enter the number along with the captcha code and click “Submit.”
- For the Demat Account option, furnish the captcha code along with your account information before clicking “Submit.”
- Alternatively, if you select the PAN option, provide your PAN number and captcha code, and then click “Submit.”
Shoora Designs GMP Update: A Neutral Outlook
Shoora Designs Limited IPO’s Grey Market Premium (GMP) for today remains at +0. This essentially indicates that the shares of Shoora Designs Limited IPO are currently trading at their issue price of ₹48, exhibiting neither a premium nor a discount in the grey market. This assessment has been drawn from insights shared by topsharebrokers.com, a reliable source for market updates.
Stay tuned for further developments and insights as the Shoora Designs IPO journey progresses.
About Shoora Designs:
Incorporated in 2021, Shoora Designs initially operated within the realms of the ‘Textiles & Apparel’ and ‘Apparel & Accessories’ industry. However, the subsequent year saw a transformation in the company’s focus, as it shifted its core objective to the manufacturing and trading of diamonds and jewelry. Since 2022, the company has been actively involved in the acquisition of rough diamonds through various suppliers. It has also taken charge of internal processes such as planning and diamond mapping. To refine the diamonds, the company has opted to collaborate with local job-workers in Surat, outsourcing tasks such as cleaving, laser cutting, and polishing, all within the domestic market.
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