Atlanta Electricals IPO Allotment: The Moment of Truth for Investors! How to Check Your Status & What GMP Reveals

The moment investors have been eagerly waiting for is finally here! The allotment status for the Atlanta Electricals India Limited IPO is likely to be finalized today, bringing an end to the suspense for thousands who subscribed to this highly anticipated SME offering. With robust subscription figures, especially in the retail segment, all eyes are on the allotment results and what the Grey Market Premium (GMP) continues to signal for its upcoming listing.

For those who participated, checking your allotment status is a straightforward process.

You can typically find the results on the official website of the IPO registrar, Bigshare Services Pvt Ltd, or directly on the Bombay Stock Exchange (BSE) website. This guide will walk you through the essential steps to confirm if you've been allotted shares and what comes next.

How to Check Atlanta Electricals IPO Allotment Status on Bigshare Services (Registrar)

1.

Visit the Registrar's Website: Navigate to the official Bigshare Services Pvt Ltd website: https://ipo.bigshareonline.com/IPO_Status.html

2. Select the Company: On the allotment status page, choose "Atlanta Electricals India Limited" from the dropdown menu.

3.

Choose Your Option: You will have three options to check your status: Application Number, DP ID/Client ID, or PAN Card Number.

4. Enter Details: Depending on your chosen option, enter the relevant details carefully.

5. Submit: Click on the "Search" button to view your allotment status.

The screen will display whether you have been allotted shares and the number of shares.

How to Check Atlanta Electricals IPO Allotment Status on BSE

1. Go to BSE Website: Visit the BSE India website's public issue application status page: https://www.bseindia.com/investors/appli_check.aspx

2.

Select Issue Type: Under 'Issue Type', choose 'Equity'.

3. Select Issue Name: From the dropdown list, select "Atlanta Electricals India Limited."

4. Enter Application Number: Provide your IPO application number.

5. Enter PAN: Input your Permanent Account Number (PAN).

6.

Verify Captcha: Complete the 'I'm not a robot' verification.

7. Submit: Click 'Search' to see your allotment status.

What Does the Grey Market Premium (GMP) Suggest?

The Grey Market Premium (GMP) for Atlanta Electricals India Limited IPO has been a topic of keen discussion among investors.

As of today, the GMP has been observed to be trending positively, reflecting investor optimism. While a specific figure can fluctuate, a positive GMP generally indicates market expectations for the shares to list at a premium to the issue price. It's an unofficial indicator, but often offers an early sentiment of potential listing performance.

Investors should consider GMP as just one factor among many when assessing an IPO's prospects.

Key Dates to Remember

For those eagerly awaiting their shares, here are the approximate key dates following the allotment:

• Allotment Finalization: September 25, 2024 (tentative)
• Initiation of Refunds: September 26, 2024
• Credit of Shares to Demat Accounts: September 27, 2024
• Listing Date: September 30, 2024 (tentative)

If you are among the fortunate ones to receive an allotment, your shares will be credited to your demat account by September 27.

For those who didn't receive an allotment, the refund process is expected to begin promptly, ensuring your funds are returned efficiently. Best of luck to all the investors!