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.