The allotment for the Admach Systems IPO is scheduled for finalization today, December 29. The IPO, priced between ₹227-₹239, was subscribed 4.13 times overall, with strong interest from non-institutional investors and retail participants. Refunds for unsuccessful retail investors will commence on December 30, with shares credited to demat accounts the same day. The stock is anticipated to list on the BSE SME platform around December 31, with a grey market premium suggesting a slight increase above the issue price.