Identical Brains Studios IPO: Allotment Status and Grey Market Premium Indicate Strong Listing Gains
Investors eagerly await the allotment status of Identical Brains Studios Limited’s IPO after a successful bidding phase. With the ‘T+3’ listing rule in place, the allotment announcement is expected on 23 December 2024, while the IPO listing is likely to take place on 26 December 2024. Anticipation is high as the IPO has garnered significant attention, both in the official market and the grey market.
Grey Market Premium Soars
The shares of Identical Brains Studios are trading at a strong grey market premium (GMP) of ₹48, up from ₹44 over the weekend. This increase in sentiment comes despite cautious market trends following last week’s stock market dip. Observers note that the grey market suggests a listing price of ₹95, nearly doubling the upper price band of ₹54.
The IPO was launched with a price band of ₹51 to ₹54 per share, and the grey market’s robust signals indicate potential returns of nearly 100% for investors fortunate enough to secure allotments.
How to Check Identical Brains Studios IPO Allotment Status
Applicants can conveniently check their allotment status online through the NSE or the official registrar, Bigshare Services, using the following steps:
- Visit the Direct Link: Go to ipo.bigshareonline.com/IPO_Status.html.
- Select the Company Name: Choose “Identical Brains Studios Limited” from the dropdown menu.
- Provide Details: Enter your Application No/CAF No, Beneficiary ID, or PAN Number.
- Complete CAPTCHA: Enter the verification code displayed.
- Search: Click the “Search” button to view your allotment status.
High Hopes for IPO Investors
Given the strong GMP and market enthusiasm, Identical Brains Studios IPO promises significant listing gains. Investors are advised to monitor the allotment announcement closely and prepare for the listing on 26 December 2024.
Stay tuned for updates as Identical Brains Studios Limited prepares to make its debut on the stock market, potentially rewarding investors with remarkable returns.
