The anticipation is finally over for investors who applied for the Prasol Chemicals Limited IPO. As the basis of allotment gets finalized, all eyes are on the Grey Market Premium (GMP), which is currently buzzing at a robust ₹85 per share—signaling potential listing gains for lucky bidders.
Whether you’re wondering if you struck gold or waiting on your refund status, this comprehensive step-by-step guide will walk you through checking your allotment status in under two minutes.
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Direct Answer: How to Check Prasol Chemicals Limited Allotment?
You can check the Prasol Chemicals Limited IPO allotment status online by visiting the official registrar portal (such as Link Intime or KFintech), the BSE website, or the NSE portal. Simply select the company name, enter your PAN number, Application Number, or DP Client ID, and click Search to instantly view your allotment results.
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Method 1: Check Allotment on the Official Registrar Portal
The official registrar is always the first platform to update the allotment database. Follow these exact steps:
Step-by-Step Guide for Link Intime India
- Step 1: Visit the Link Intime IPO Allotment Page.
- Step 2: Select “Prasol Chemicals Limited” from the drop-down menu under the company selection bar.
- Step 3: Choose one of the search options: PAN, Application Number, or DP/Client ID.
- Step 4: Enter the relevant details accurately.
- Step 5: Click on the “Submit” button to view the number of shares allotted to you.
Step-by-Step Guide for KFin Technologies (KFintech)
- Step 1: Head over to the KFintech IPO Status Portal.
- Step 2: Select any of the active server links provided on the landing page.
- Step 3: Choose “Prasol Chemicals Limited” from the issue drop-down list.
- Step 4: Select your query type: Application No., Demat Account (DPID/Client ID), or PAN.
- Step 5: Enter the captcha code and click “Submit” to see your allotment details.
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Method 2: Check Allotment on the BSE Website
The Bombay Stock Exchange (BSE) provides a highly reliable backup server to verify your share allocation:
- Navigate to the official BSE Allotment Verification Portal.
- Under Issue Type, select “Equity”.
- Select “Prasol Chemicals Limited” from the Issue Name dropdown list.
- Enter your Application Number or your Permanent Account Number (PAN).
- Complete the “I am not a robot” reCAPTCHA verification.
- Click on the “Search” button.
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Prasol Chemicals IPO: Latest GMP and Expected Listing Gain
The grey market sentiment remains positive for Prasol Chemicals:
- Current GMP: ₹85 per share
- Market Sentiment: Bullish / Strong Demand
- Expected Listing Price: Upper Price Band + ₹85
Note: Grey Market Premium (GMP) is purely indicative and unregulated. Actual listing day performance depends on broader market conditions and institutional participation.
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What Happens Next? (Allotment Timeline & Refunds)
- If Allotted: The allotted equity shares will be credited directly to your Demat account (CDSL/NSDL) prior to the listing date. You will receive an official notification via SMS and email from your depository participant.
- If Not Allotted: The bank mandate block placed via UPI/ASBA will be automatically revoked. Your funds will be unblocked within 24 to 48 hours following the finalization of allotment.
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Frequently Asked Questions (FAQs)
1. Why is the allotment status showing ‘Record Not Found’?
If you see a “Record Not Found” message, it usually means the registrar has not fully uploaded the allotment data yet, or there was a typo in your PAN/Application number. Recheck your details or try again after an hour.
2. When will I get my refund if shares are not allotted?
Refunds or UPI mandate unblocks typically initiate on the next business day after allotment finalization. Check with your bank if the hold is not cleared within 48 hours.
