Read the details of Canarys Automations IPO Allotment Status & Date, GMP Today, Price, allotment dates, and more here. Canarys Automations IPO (Initial Public Offering) is open for subscription on 27th Sept, Wednesday, and 3rd Oct is the last date. To know more about the details of Canarys Automations IPO Allotment Status, read this article.
Canarys Automations IPO Allotment Status
Recently, Canarys Automations opened its IPO on 27th Sept 2023, and the closing date is 3rd Oct 2023. Canarys Automations provides IT solutions in Automation, Modernization, Intelligence, and Digitalization. Technology Solutions and Water Resource Management Solutions are the two main businesses that are currently running under one name.
Canarys Automations IPO’s band size is ₹29 to ₹31 per equity share. It is expected that Canarys Automations IPO’s Allotment will be finalized on October 6, 2023. The lot size (min) for Canarys Automations IPO’s application is 4000 shares. The minimum investment amount that retail investors require is ₹1,16,000, and the maximum amount is ₹1,24,000.
Canarys Automations IPO GMP Today
GMP or Grey Market Premium shows the price that the buyers are willing to pay beyond and above the company’s allotment price per equity share. As per today’s market, the GMP of Canarys Automations IPO is ₹7 per share. It shows that in the Grey Market on Tuesday, the shares of this IPO were trading at a premium of ₹7.
For HNI, the minimum lot size investment is 2 lots, which means 8,000 shares, amounting to ₹2,48,000. Indorient Financial Services Ltd is the book-running lead manager. Thus, the investors can get the detail for the initial public offering form here. The total issue size of Canarys Automations IPO is 15,172,000 shares which makes a lump sum amount of approx. ₹47.03 Crores. For those who will not get allotment of Canarys Automations IPO, their refund will get initiated on Monday, 9th Oct, 2023.
Canarys Automations IPO Allotment Date
| IPO Date | 27th Oct to 3rd Oct 2023 |
| Price Band | ₹29 to ₹31 per share |
| Basis of allotment | Friday, October 6, 2023 |
| Initiation of refunds | Monday, October 9, 2023 |
| Total Issue Size | 15,172,000 shares approx. ₹47.03 Crores |
| IPO Listing date | Wednesday, October 11, 2023 |
| Minimum Investment | ₹1,16,000 |
| Lot Size | 4000 Shares |
| Shareholding pre-issue | 41,011,920 |
| Shareholding post-issue | 56,183,920 |
Canarys Automations IPO Price
Canarys Automations IPO subscription start date was 27th Sept, and 3rd Oct is the last date. The band size of Canarys Automations IPO is ₹29 to ₹31 per equity share, with a minimum lot size of 4000 shares. The minimum investment amount that retail investors require is ₹1,16,000.
Canarys Automations IPO Important Dates
Here are some of the vital details for the allotment dates. We hope that these will be helpful for you to get the relevant information.
| IPO Open Date | 27th Sept 2023 |
| IPO Close Date | 3rd Oct 2023 |
| Initiate of Refunds | 9th Oct 2023 |
| Basis of Allotment | 6th Oct 2023 |
| Listing Date | 11th Oct 2023 |
| Credit of Shares to Demat | 10th Oct 2023 |
Kindly note that the investors can check the relevant details of the allotment status from the main website of the registrar. You have to enter the valid details in their portal to know the actual status.