Chemkart India IPO allotment to be finalised today. Latest GMP, steps to check share allotment status online

IPO Overview: Chemkart India Sets the Stage for Market Debut

Chemkart India Limited, a Mumbai-based B2B distributor specializing in food and health ingredients, has successfully concluded its initial public offering (IPO). The issue, which opened on July 7 and closed on July 9, 2025, aimed to raise ₹80.08 crore through a combination of a fresh issue and an offer for sale. The price band was set between ₹236 and ₹248 per share, with a lot size of 600 shares, translating to a minimum investment of ₹1,48,800 .

The allotment process is scheduled to be finalised today, July 10, 2025. Investors can expect to receive their shares in demat accounts by July 11, with refunds for non-allottees initiated on the same day. The listing on the BSE SME platform is anticipated for July 14, 2025 .

 Subscription Details: Robust Demand Across Categories

The IPO garnered significant interest across various investor categories. The retail portion was oversubscribed, reflecting strong individual investor participation. Qualified Institutional Buyers (QIBs) also showed confidence in Chemkart India's growth prospects, contributing to the overall oversubscription of the issue .

Grey Market Premium (GMP): Market Sentiment Indicator

As of the latest updates, the Grey Market Premium (GMP) for Chemkart India's IPO stands at ₹0, indicating neutral market sentiment. This suggests that investors are awaiting the final allotment and listing to gauge the stock's performance in the open market .

 How to Check IPO Allotment Status Online

Investors can check their IPO allotment status through the following platforms:

• BSE Website:

  1. Visit the BSE IPO allotment page.

  2. Select "Chemkart India Ltd" from the list.

  3. Enter your application number or PAN.

  4. Click "Submit" to view your allotment status .

• Registrar's Website (Bigshare Services):

  1. Go to the Bigshare Services IPO allotment status page.

  2. Choose "Chemkart India Ltd" from the dropdown.

  3. Enter your PAN or application number.

  4. Submit to check your allotment .

 Analyst Insights: Evaluating Investment Potential

Financial analysts have noted that Chemkart India's robust financial performance, with a revenue increase from ₹132.83 crore in 2024 to ₹205.46 crore in 2025, positions the company well for future growth. However, the neutral GMP suggests that investors are cautious, awaiting the company's market debut to assess its valuation and performance .

 Investor Outlook: Cautious Optimism

While the IPO has attracted significant interest, the neutral GMP indicates a wait-and-see approach among investors. The upcoming listing on the BSE SME platform will be a crucial indicator of market reception. Investors are advised to monitor the stock's performance post-listing and consider long-term prospects based on the company's fundamentals and market conditions.