Creative Graphics Solutions IPO allotment to be out today: Here’s how to check status online
Upstox
3 min read • Updated: April 5, 2024, 3:04 PM
Summary
Creative Graphics Solutions India shares will be listed on the SME platform of NSE, NSE Emerge, on Tuesday, April 9. Creative Graphics Solutions India IPO received a huge response from the investors during the subscription period. The IPO was booked 202 times.
Creative Graphics Solutions India IPO share allotment is expected to be finalised on Friday, April 5. The allotment status will be updated online via the official website of the public issue's registrar, Bigshare Services Pvt Ltd.
Once the share allotment status is finalised, the investors can also check the share allocation details on the National Stock Exchange website.
Creative Graphics Solutions India IPO subscription was open from March 28 to April 4 and the public issue received a strong demand from investors. The ₹54.4-crore IPO was subscribed 202 times, led by a strong demand from retail investors.
According to the NSE data, Creative Graphics Solutions India, an integrated packaging ecosystem company, received bids for over 85.94 crore shares compared to 42.56 lakh shares on offer. The retail allocation of 21.28 lakh shares was subscribed over 145 times. The non-institutional investors (NIIs) category of the Creative Graphics Solutions India IPO was subscribed over 473 times. The Qualified Institutional Buyers (QIBs) segment was booked over 98 times.
The investors, who participated in Creative Graphics Solutions India IPO subscription, can check the allotment status online via the official website of the registrar, Bigshare Services Pvt Ltd, and the NSE.
Steps to check Creative Graphics Solutions India IPO allotment status online
- Go to the official website of Bigshare Services -- https://www.bigshareonline.com/Index.aspx
- Click on the IPO Allotment Status tab on the homepage.
- Select any one of the server links displayed on the screen to proceed with your request.
- You will be redirected to a new page. Here, select Creative Graphics Solutions India from the drop-down menu under the Company Selection tab. Please note, that the company's name will be displayed only after the finalisation of the share allotment.
- Enter the required details and click on submit.
- Creative Graphics Solutions India IPO share allotment will be displayed on the screen. For final allotments, the number of allotted shares will also be displayed on the screen.
How to check Creative Graphics Solutions India IPO allotment via NSE website?
- Log on to NSE's website – www.nseIndia.com
- Create a new registration.
- Log in to your account with the user ID and password.
- Select Creative Graphics Solutions India IPO from the dropdown list
- Enter PAN details and application number
- Click on submit
Following the IPO share allotment, Creative Graphics Solutions India will start the credit of shares into the demat account of successful bidders on Monday, April 8. The company will also initiate refunds for the non-allottees on the same day.
Creative Graphics Solutions India shares will be listed on the SME platform of NSE, NSE Emerge, on Tuesday, 9 April.
Creative Graphics Solution IPO Details
Creative Graphics Solution IPO consists of a fresh issue of 64 lakh shares including a market maker portion of 3.2 lakh shares and an anchor allotment of 18.24 lakh shares. Creative Graphics Solution IPO price band was fixed at ₹80 to ₹85 per share of a face value of ₹10 each. The minimum lot size for public investors was 1600 shares, aggregating to an investment of ₹1.36 lakh.
Incorporated in 2014, Creative Graphics Solutions, a pre-press company, manufactures flexographic printing plates including digital flexo plates, conventional flexo printing plates, coating plates, letterpress plates, and metal back plates.
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