AIK Pipes and Polymers share allotment finalised, listing on BSE on this date

Jaipur-based AIK Pipes and Polymers opened its IPO for subscription from December 26 to 28 with a price band of ₹89 per share.

Published on: Dec 30, 2023, 17:06:12 IST

By HT News Desk

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The share allotment of AIK Pipes and Polymers has been finalised. The investors who had applied for the company's initial public offering (IPO) can check their allotment status either on the Bombay Stock Exchange website or on the registrar Skyline Financial Services Private Ltd portal.

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IPO stands for Initial Public Offering and it is when the promoters of the company in question for the first time want to raise additional funds by offering shares of the company.

How to check AIK Pipes and Polymers IPO allotment status

To check the status of AIK Pipes and Polymers IPO allotment status on the BSE website, follow these steps:

STEP 1: Log in to the BSE website and go directly to the allotment status page.

STEP 2: Now select ‘Equity’ and choose ‘AIK Pipes and Polymers Limited’ in the company name menu.

STEP 3: Enter your application number or PAN in the given box. Click on the box ‘I am not a robot’ and click on ‘Search’ button.

To check your AIK Pipes and Polymers IPO allotment status on registrar Skyline Financial Services Private Ltd's portal, check these steps:

STEP 1: Login at direct Skyline link. Now select 'AIK Pipes And Polymers Limited' in company name section.

STEP 2: Enter ‘DPID’ or Client ID or ‘Application Number' or PAN.

STEP 3: Click on the ‘Search’ button. The IPO allotment status will appear on your screen.

AIK Pipes and Polymers IPO GMP

The shares of AIK Pipes and Polymers are trading at a premium of ₹9 in the grey market. It is expected that the shares will be listed at ₹98 on the stock exchanges on January 2, 2024.

Jaipur-based AIK Pipes and Polymers opened its IPO for subscription from December 26 to 28 with a price band of ₹89 per share. The IPO is a fresh issue of 16.88 lakh equity shares and the company aims to raise about ₹15.02 crore from the IPO, the company had said in a statement.

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HT News Desk
Follow the latest breaking news, major developments and agenda-setting stories from India and around the world with the newsdesk at Hindustan Times. Operating round the clock, the desk brings together experienced editors, reporters and correspondents to deliver fast, accurate and contextual reporting across subjects that influence public policy, governance, business, society and international affairs. The HT News Desk covers politics, elections, government policies, the economy, business and markets, science and technology, the environment, law and order, infrastructure, education, climate issues and geopolitics, while closely tracking developments across states, institutions and global capitals. The team also leads coverage of major breaking news events, policy announcements, court proceedings, natural disasters, public emergencies and significant international developments. Reports published by the newsdesk are based on information gathered from reporters on the ground, official statements, government agencies, court records, regulatory filings, recognised institutions and other authoritative sources. Stories undergo editorial scrutiny and verification processes to ensure accuracy, fairness and relevance, and are updated as events evolve and additional information becomes available. Whether covering a key political decision in New Delhi, an economic policy shift affecting millions, a landmark court ruling or a major global event, the HT News Desk aims to provide readers with reliable, fact-based journalism that delivers not only the latest developments but also the context and analysis needed to understand their wider implications.Read More

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