Sampark India Logistics is expected to finalize share allotment for its initial public offering today, July 3, following a subscription period that closed on July 2.
The integrated logistics services provider reported strong demand from investors during the issue window, setting the stage for the final allocation process.
The company set a price band of ₹80 to ₹84 per share for the SME IPO, aiming to raise ₹27 crore through the issue.
Maashitla Securities is acting as the registrar for the offering.
Investors who applied during the subscription period can now check their allotment status online through the websites of the Bombay Stock Exchange (BSE) and the IPO registrar.
This development marks the next step for Sampark India Logistics as it transitions to a publicly listed entity.