Gajanand International Limited was founded in 2009. The company is also known as Gajanand Cottex Private Limited. The company works in the production of sustainable and contamination-free cotton. The company opened its IPO to fulfill some objectives including fulfilling the requirements of working capital, covering the issue expenses and for general corporate purposes. The Gajanand International IPO Allotment was open between the 9th to 11th of September 2024.
Interested investors applied for the public issues. Now, they are waiting for the www.gajanand-int.com IPO Allotment Status. The allotment result will be released on 12th September 2024. Take a look at the information regarding the GMP, Listing Price, the process to check the allotment status and more below.
Gajanand International IPO Allotment Status
The market capitalization of Gajanand International IPO Allotment is Rs 67.81 crores. Between 31st March 2023 and 31st March 2024, the revenue of the company faced a hike of 48% and the Profit After Tax also increased by 59%. Please note that not all investors who have applied for the Gajanand International Initial Public Offering Allotment will get it.
Now, let’s take a look at the Grey Market Price. The Grey Market Price of Gajanand International IPO was Rs. 18 on 9th September 2024. Currently, the GMP is Rs. 0/- With a price band of 36, Gajanand International SME IPO’s estimated listing price is Rs. 36/-. So, the gain or loss would be 0%. Please note that it is the estimated information. The correct listing price can be checked on 16th September 2024.
www.gajanand-int.com IPO Allotment Status: Highlights
| Name of the IPO Company | Gajanand International Limited Website |
| Name of the Registrar | Skyline Financial Services Private Ltd |
| Price of the Shares | Rs. 36 per share |
| Lot Size | 3000 Shares |
| Price Listing At | NSE SME |
| Type of the Issue | Fixed Price Issue IPO |
| IPO Allotment Status Availability | Available Shortly |
| IPO Allotment Status Availability Mode | Online Mode |
| Authorized Portal | https://www.gajanand-int.com/ https://www.skylinerta.com/ |
Gajanand International IPO Allotment Subscription Details
By 11th September 2024, the Gajanand International IPO was subscribed 14.58 times. In the QIB category, the public issue was subscribed to 22.92 times followed by 5.68 times in the NII category.
| Category | Offered Shares | Shares bid for | Subscription (times) | Total Amount (Rs Cr.) |
| Market Maker | 2,88,000 | 2,88,000 | 1 | 1.04 |
| Non-Institutional Buyers | 27,24,000 | 1,54,77,000 | 6 | 55.72 |
| Retail Investors | 27,24,000 | 6,24,21,000 | 22.92 | 224.72 |
| Total | 54,48,000 | 7,94,49,000 | 14.58 Times | 286.02 |
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Gajanand International Initial Public Offering Allotment: Important Dates
| Events | Dates |
| Commencement of the Gajanand International IPO | 9th September 2024 |
| The last date of the Gajanand International IPO | 11th September 2024 |
| Basis of the IPO Allotment | 12th September 2024 |
| Beginning of the Refund Process | 13th September 2024 |
| Crediting Shares to the Demat Account | 13th September 2024 |
| Date of the Price Listing | 16th September 2024 |
How to check the Gajanand International IPO Allotment Status?
In the following section, we have prepared the whole procedure of opening the Gajanand International IPO Allotment Status easily. So, follow the steps provided below to check the status:
- Start the process by searching the official website of Skyline Financial Services Private Ltd with this link: https://www.skylinerta.com/
- Seconds after searching the website’s link, the home page will open on the screen.
- Go to the Investors option and a menu will drop down on the device.
- Now, you must tap the Public Issues option and a new page on the respective screen.
- Afterwards, select the IPO company and the page will make changes accordingly.
- Enter the DPID/ Client ID, Application Number or Pan of Investor.
- Now, tap the submit button and after a few seconds, the IPO Allotment Status will finally open on the respective device.
Gajanand International IPO Allotment: Important Links
| Visit the Official Websites | Gajanand International Limited Website Link Skyline Financial Services Private Ltd Website Link |
| Check the IPO Allotment Status | To be released |
| Check Out the DRHP | Gajanand International IPO DRHP Link |
| Follow for more updates | SVU News, Home Page |
Frequently Asked Questions
When will the authority release the Gajanand International IPO Allotment Result?
Interested individuals will be able to check the Gajanand International IPO Allotment Result on 12th September 2024. The exact timing is yet to be announced.
What after the issuance of the www.gajanand-int.com IPO Allotment Result?
Once, the IPO Allotment Result is released, the officials will start transferring the sagres to the demat account. People who did not get the shares will start getting a refund from 13th September 2024 onwards. The price listing will take place on 16th September 2024.
What details are needed to check the Gajanand International Initial Public Offering Allotment Status?
Investors will only have to select the IPO company and provide the correct details of any of the following: DPID/ Client ID, Application Number or PAN of Investor to check the status online.
A very good achievement.