For D-Mart IPO how much time it takes to reflect in our dmate ac and how period requires it comes into public shares
The basis of allotment will be announced on 16th March and if allotted the shares will be credited to your demat on or by March 20th. D-mart will be listed and will start trading on the exchanges from 21 March 2017.
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D-Mart is fairly valued at about Rs. 1110, signifying a 46% overvaluation. However, this should not come as a surprise at all. Lest we forget, the IPO price of D-Mart was a mere Rs. 299. Only a year and a half has passed since the IPO in March 2017 and the price has been catapulted 5x times and more.