Fri Oct 25 08:41:32 UTC 2024: **Summary of Premium Plast IPO Allotment News:**

– The allotment status for the Premium Plast IPO will be available on **October 24, Thursday**.
– The IPO subscription period concluded on **October 23, Wednesday**, with an overall subscription rate of **38.87 times**.
– Investors can check their allotment status online through the **Bigshare Services Pvt Ltd** and **NSE websites**.
– The **IPO GMP (Grey Market Premium)** reached around **₹14** after the subscription ended.
– **Premium Plast Limited**, based in Maharashtra, specializes in manufacturing components for commercial vehicles, including automotive and packaging parts.
– The company’s revenue for the fiscal year ending January 31, 2024, was **₹3904 lakhs**, a decrease from the previous fiscal year’s revenue of **₹4404 lakhs**.
– The company maintains strong relationships with both national and international customers and plans to launch an SME IPO with a price band of **₹46 to ₹49** per share.
– Investors with questions regarding the allotment are encouraged to contact the IPO registrar.
– Additional resources and updates on IPOs are available on various platforms, including **YouTube**, **Twitter**, and **Facebook**.

Read More