Capital Small Finance Bank IPO Allotment Finalization Nears: Check Status Soon!

The allotment of shares for the recently concluded Capital Small Finance Bank (CSFB) Initial Public Offering (IPO) is nearing completion, according to sources familiar with the matter. Investors who participated in the IPO can expect to know their allotment status soon, potentially later today or early tomorrow.

Here's what you need to know:

• GMP Update: As of today, the Grey Market Premium (GMP) for CSFB shares is hovering around ₹5-7, indicating a possible listing price slightly above the issue price of ₹350. However, GMP is not a guaranteed indicator of the actual listing price.

• Status Check Procedures: Investors can check their allotment status through two primary methods:Online: Both the BSE and Link Intime India Private Ltd. websites will offer allotment status checks once finalized. You will need your application number or PAN number for verification. Offline: You can also contact your registered broker or bank for details on your allotment status.

Sources:

• Capital Small Finance Bank IPO Allotment Status - 5paisa: https://www.5paisa.com/blog/capital-small-finance-bank-ipo-allotment-status

• Capital Small Finance Bank IPO allotment: Step-by-step guide to check status - India Today: https://www.indiatoday.in/business/story/capital-small-finance-bank-ipo-allotment-status-guide-gmp-key-details-2501004-2024-02-12

Additional Notes:

• The official listing of CSFB shares on the NSE and BSE is expected on February 14, 2024.

• Remember, even with a positive GMP, the actual listing price can vary depending on market conditions.

• This news article is for informational purposes only and should not be considered financial advice.