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The Economic Times
The Economic Times
Ritesh Presswala

Molbio Diagnostics IPO allotment likely today; GMP at 20% — Here’s how to check status

The wait is almost over for investors in the Molbio Diagnostics IPO, as the basis of allotment is expected to be finalised on Thursday. Those who applied for a slice of the Rs 939.70-crore issue can now check their allotment status online.

Adding to the buzz, the IPO’s grey market premium (GMP) is currently around 20%, pointing to expectations of a modest listing gain. Molbio Diagnostics is scheduled to make its stock-market debut on August 17 on both BSE and NSE.

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