KV Toys IPO Allotment Finalised: A Step-By-Step Guide To Check Status Online; Know Latest GMP

KV Toys IPO Allotment Status, GMP Today: The allotment of the KV Toys IPO has been finalised. Investors can now check the allotment status online on the websites of the BSE as well as registrar Purva Sharegistry

India. According to market observers, the grey market premium of the IPO has increased to Rs 151 (or 63.2% premium over the issue price), compared with Rs 145 on Thursday.

The initial public offering of K V Toys India Ltd, which was open between December 8 and December 10, received a whopping 352.63 times subscription. Its retail investors category received a 376.41x subscription, while its non-institutional investors (NII) got a 505.19x subscription. The QIB category garnered 193.25x bids.

The price band of this Rs 40-crore BSE SME IPO was fixed in the range of Rs 227 to Rs 239.

K. V. Toys India Ltd, which was incorporated in 2009, is engaged in the business of contract manufacturing and sale of plastic-moulded and metal-based toys for children, covering both educational and recreational segments.

KV Toys IPO Allotment Today: A Step-By-Step Guide To Check Status Online

The KV Toys IPO allotment has been finalised. The allotment status can be checked online by following these steps:

1) Visit registrar Purva Sharegistry India’s portal – https://www.purvashare.com/investor-service/ipo-query.

2) Under ‘Select Company’, select ‘K.V. Toys India Limited’ from the drop-down.

3) Enter your application number or permanent account number (PAN).

4) Then, click on the ‘Search’ button.

Your share application status will appear on your screen.

Via the BSE

1) Go to the official BSE website via the URL — https://www.bseindia.com/investors/appli_check.aspx.

2) Under ‘Issue Type’, select ‘Equity’.

3) Under ‘Issue Name’, select ‘K.V. Toys India Limited’ in the drop box.

4) Enter your application number, or the Permanent Account Number (PAN). Those who want to check their allotment status via PAN can select the ‘Permanent Account Number’ option.

5) Then, click on the ‘I am not a robot’ to verify yourself and hit the ‘Search’ option.

Your share application status will appear on your screen.

KV Toys IPO GMP Today

According to market observers, unlisted shares of KV Toys Ltd are currently trading at Rs 390 apiece in the grey market, against the upper IPO price of Rs 239. It means a grey market premium (GMP) of 63.18%, indicating a strong listing for the company.

The GMP had stood at 60.6% on Thursday and 50.21% last week.

The GMP is based on market sentiments and keeps changing. ‘Grey market premium’ indicates investors’ readiness to pay more than the issue price.

The shares will be listed on December 15 on the BSE’s SME platform.