Clay Craft IPO share allotment likely today; GMP, how to check status in 4 steps

Clay Craft IPO share allotment is expected to be finalised today, with shares to be credited on June 23 and listing on the NSE SME platform on June 24. The SME IPO was subscribed 103 times overall, with retail portion booked nearly 72 times, NIIs 154 times, and QIBs 119 times. The entire fresh issue of 54,24,000 shares at a price band of Rs 193 to Rs 203 aimed to raise Rs 110.11 crore, and the grey market premium stood at Rs 45, implying an estimated listing price of Rs 248, a 22 percent premium.