C2C Advanced Systems recently completed its IPO allotment, which faced scrutiny from SEBI. The grey market premium (GMP) for the IPO increased to almost 90%. The IPO saw a withdrawal of 3.72 lakh applications, amounting to around Rs 27 crore.
The postponement of the company's listing caused a slight decrease in GMP last week, but the allotment date has renewed interest. Investors who took part in the IPO can check their allotment status on the official website of Link Intime India Pvt Ltd using their application number or PAN details. The BSE and NSE websites also provide access to the allotment status.
The C2C Advanced Systems IPO, valued at Rs 99 crore, has attracted significant attention as it navigates regulatory challenges.