Platinum Industries IPO Allotment Result – Check Expected Listing Price, Profit, GMP

Platinum Industries is specialized in producing stabilizers. The company was incorporated in August 2016. To fulfill several objectives, such as

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Reported by Anjali

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Platinum Industries is specialized in producing stabilizers. The company was incorporated in August 2016. To fulfill several objectives, such as fulfilling capital expenditure requirements, working capital, and others, Platinum Industries Ltd opened its IPO. The IPO has been subscribed to a total of 22.35 times till now. Now, everyone wants to take a look at the Platinum Industries IPO Allotment Result. The result will inform who has got the shares.

Considering the schedule available officially, the platinumindustriesltd.com IPO Allotment Result will be provided on 1st March 2024. Candidates will be able to get access to the result through three mediums, i.e., Application/ CAF number, Beneficiary ID, and PAN number. Scroll down the page, and you will get more information like the result accessibility process, profit, and others.

Platinum Industries IPO Allotment Result

Platinum Industries IPO Allotment Result
Platinum Industries IPO Allotment Result - Check Expected Listing Price, Profit, GMP 4

The result will be provided on the IPO registrar portal i,e., Bigshare Services Pvt Ltd. No offline method can be used at any cost. The market capitalization of Platinum Industries IPO is Rs 939.22 Crores. After providing the allotment result, the company is going to start refunding the amount of investors who did not get any shares. Along with it, the transfer of shares into a demat account will also take place.

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Whether the investors will get profit or not solely depends on the listing price which will take place at the Stock Exchanges BSE Limited and National Stock Exchange of India Limited. Considering the current GMP and listing prices, the estimated percentage of loss/ profit is 55.56%. Major updates made officially will be updated on this page from time to time.

platinumindustriesltd.com IPO Allotment Result: Highlights

Name of the AuthorityPlatinum Industries Limited
Name of the IPO RegistrarBigshare Services Pvt Ltd
Type of the IssueBook Built Issue IPO
IPO Price BandRs. 162 to Rs. 171 per share
Size of the Total Issue13,761,225 shares
Face ValueRs. 10 per share
Listing AtBSE, NSE
Allotment Result Availability StatusTo be released
Allotment Result Availability ModeOnline Mode
Official Portalhttps://platinumindustriesltd.com/
https://www.bigshareonline.com/
https://www.bseindia.com/

How to check the Platinum Industries IPO Allotment Result?

All readers who have applied for the shares will have to check whether they have got them or not through a certain process. The whole process of checking the allotment result will be conducted on the IPO Registrar portal. Follow the steps given below carefully and check the Platinum Industries IPO Allotment Result:

  • First of all, visit the official website of Bigshare Services Pvt Ltd using this link: https://www.bigshareonline.com/
  • Now, the landing page of the registrar’s portal will form on the respective device.
  • Afterwards, scroll down the landing page till you notice the IPO Allotment Status option.
  • After locating the option, click on it, and you will be redirected to a new page.
  • Later on, multiple servers will be available. Tap any of it and a new page will again form on the screen.
  • Now, you will see a separate section on the left side of the screen.
  • Select the company for which you have applied and then select the type of the selection.
  • Additionally, you must provide the details as per the choice made previously and tap the Search button.
  • After a few seconds, the allotment result will open. Check it thoroughly and download the same for future use.

Platinum Industries IPO Allotment Schedule

EventsDates
Opening Date of the IPO27th February 2024
Closing date of the IPO29th February 2024
Finalisation of Allotment1st March 2024
Refund Process Commencement4th March 2024
Share Transfer into Demat Account4th March 2024
Price Listing Date5th March 2024

Platinum Industries IPO Allotment Result: Important Links

Go to the portalPlatinum Industries Limited Website Link
Check Out the ResultTo be activated
Check the DRHPPlatinum Industries IPO Allotment DRHP PDF
Follow for more updatesShare Allotment Result

Frequently Asked Questions

When will the officials release the Platinum Industries IPO Allotment Result?
The officials have already closed the IPO. Now, the IPO Allotment result will be displayed on 1st arch 2024 at the official IPO Registrar portal.

What are the profit details of the Platinum Industries Ltd?
Between 31 March 2022 to 31 March 2023, the revenue of the company has seen an increment of 22.89%. Along with it, the profit after tax of the company has also increased by 111.76%

What is the Expected Listing Price of Platinum Industries Ltd IPO?
The expected listing price is evaluated by adding the cap price of the IPo along with the current GMP. Currently, the GMp is Rs. 95. So, the estimated listing price of the IPO will be Rs. 266/-

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