Euphoria Infotech India’s IPO was in high demand, receiving 584 times more applications than available shares in just 3 days.
This is good news for investors interested in the IPO. The company has now completed the allotment of shares.
It’s worth noting that the company is consistently performing well in the gray market.
Here’s how you can check if you’ve been allotted shares
1) Visit https://www.masserv.com/opt.asp.
2) Click on ‘check Application Status’ and choose Euphoria Infotech India.
3) Provide either your application number, demat account number, or PAN ID.
4) Your results will be displayed.
You can also check on BSE
1) Go to https://www.bseindia.com/investors/appli_check.aspx.
2) Select Equity and find the IPO name.
3) Choose either your application number or PAN number.
4) Click on search, and the result will appear.
In the gray market, Euphoria Infotech’s IPO, which opened on January 19 and closed on January 24, is performing well.
On Friday, the IPO was available at a GMP (Grey Market Premium) of Rs 80. Based on signals from the gray market, the listing price on the stock exchange could be around Rs 180.80.
This suggests that investors may almost double their money on the first day itself.
It’s important to note that the IPO’s price band is set between Rs 96 to Rs 100 per share.
