Dhaval Packaging IPO allotment due on Aug 4; GMP, expected listing price and how to check status online
AI Market Summary
Dhaval Packaging's IPO allotment is due Aug 4 ahead of an Aug 6 BSE SME listing. The deal saw heavy demand (50x+ overall; retail 40.36x; NII 75.35x) and a positive grey market premium (about +8 INR), indicating strong near-term interest in the name. As a single SME listing, the broader cross-asset market impact is limited.
Impact level
● Low
Affected assets
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● Neutral
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Dhaval Packaging's initial public offering (IPO) allotment is scheduled to be finalised on August 4, with the shares expected to list on the BSE SME platform on August 6.
The issue drew strong demand, closing with more than 50x subscription overall. The retail portion was subscribed 40.36x, while the non-institutional investor (NII) category was booked 75.35x.
The IPO price was set at Rs 97 per share. In the grey market, the current premium (GMP) is quoted at +8, implying an estimated listing price of Rs 105—a premium of 8.25% over the issue price.
Investors can check their allotment status online through the official IPO registrar portal or via the BSE website by selecting the issue name and entering the required application or PAN details.