Garuda Construction IPO allotment will be final today, check the status of whether you got the shares or not

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If you also bid in the initial public offering (IPO) of Garuda Construction and Engineering Limited, then today i.e. 11 October is a special day for you. Whether you get shares or not is going to be finalized today. Garuda Construction and Engineering IPO was open for subscription from 8 to 10 October. Garuda Construction and Engineering IPO allotment date is most likely to be on 11 October. The company will deposit equity shares in the demat accounts of eligible applicants on October 14 and will start refunding unsuccessful bidders on the same day.

According to the news, investors can check Garuda Construction’s IPO allotment status online through the BSE website or the official portal of the IPO registrar. Link Intime India Private Limited is the Garuda Construction and Engineering IPO registrar.

Garuda Construction IPO Allotment Status on BSE

  • First of all, go to this link of the BSE website https://www.bseindia.com/investors/appli_check.aspx.
  • Select Equity in Issue Type
  • Select Garuda Construction & Engineering Limited in the Issue Name dropdown menu.
  • Enter the Application Number or PAN
  • Verify by ticking ‘I am not a robot’ and click on ‘Search’
  • Your Garuda Construction & Engineering IPO allotment status will be displayed on the screen.

Online Status Check on Link Intime

  • First of all, go to the IPO registrar website link https://linkintime.co.in/initial_offer/public-issues.html.
  • Select ‘Garuda Construction & Engineering Limited’ in the Select Company dropdown menu.
  • Choose from PAN, App Number, DP ID, or Account Number
  • Enter the details as per the option selected
  • Click on Search
  • Your Garuda Construction IPO allotment status will be displayed on the screen.

How much is GMP running

Garuda Construction & Engineering shares are showing a sluggish trend in the unlisted market. According to stock market experts, Garuda Construction & Engineering IPO GMP or grey market premium is ₹ 5 per share on Friday. That is, Garuda Construction & Engineering shares are trading at ₹ 5 more than their issue price in the grey market. Market observers said that Garuda Construction & Engineering IPO GMP has fallen from ₹ 20 to ₹ 5 in three days.