Allotment for Atharva Polyplast’s initial public offering is expected to be finalized today, July 3, following a subscription period that closed on Thursday.
The SME IPO, valued at ₹27 crore, attracted bids worth 10.74 times the issue size, signaling robust investor interest in the plastic products manufacturer.
Due to the high level of oversubscription, shares will be allocated proportionally to retail investors.
Unsuccessful applicants can expect refunds to be processed shortly after the allotment status is published.
Investors can verify their allotment status through the registrar, MUFG Intime India, or directly on the Bombay Stock Exchange (BSE) website.
The issue opened for subscription on Tuesday, June 30, with a price band fixed between ₹55 and ₹60 per share.