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August 8, 2018 - August 10, 2018

CreditAccess Grameen IPO Allotment Status Online

CreditAccess Grameen IPO allotment is expected on August 16, 2018.

The basis of allotment for CreditAccess Grameen IPO is available now.

To check CreditAccess Grameen IPO allotment status, follow the steps below:

  1. Click on the below allotment status check button.
  2. Select Company Name.
  3. Enter your PAN Number, Application Number or DP Client ID (Anyone).
  4. Click on Search.

On securing the allotment, you will receive the credit of equivalent shares in your Demat account.

If you have any concerns or queries about the allotment status, contact Kfin Technologies Limited either by phone or email. Investors can call on 04067162222, 04079611000 or send an email with all relevant details to cgl.ipo@karvy.com.

CreditAccess Grameen IPO Allotment FAQs

The CreditAccess Grameen IPO allotment status will be available on August 16, 2018, as per the timeline provided in the red-herring prospectus.

Below are the steps to check CreditAccess Grameen IPO allotment status online:

  • Visit the CreditAccess Grameen IPO allotment status page.
  • Click on the green CreditAccess Grameen IPO Allotment Status.
  • Enter either PAN number, Application Number or DP Client ID of the demat account to check the CreditAccess Grameen IPO allotment status.
  • Click Search.

Note: The disabled button shows that the allotment is not yet available online.

The allotment result looks like as below:

  • PAN No.: AHMLK1898J
  • Application No.: RL041213805307
  • Name: Mr. Rajveer Singh
  • Shares Applied: 40
  • Shares Allotted: 40

The expected listing price of CreditAccess Grameen IPO depends on many factors including demand, nature of the business, market environment and state of the economy. The CreditAccess Grameen IPO grey market premium gives some hint but the actual listing price is difficult to guess.

CreditAccess Grameen IPO allotment status is expected on August 16, 2018. Click the green button CreditAccess Grameen IPO Allotment Status above to check the allotment. Note the button remains to disable until the allotment is available online.

If CreditAccess Grameen IPO oversubscribed in the retail category, the CreditAccess Grameen IPO shares will be distributed on a proportionate basis to Retail Individual Investors (RII). Each retail investor will get a minimum of 1 lot subject to the availability of shares in the retail portion. If enough shares are not available, a lottery is drawn to choose the investors.

The CreditAccess Grameen IPO shares will get listed on Thursday, August 23, 2018. The equity share of CreditAccess Grameen Limited will list on BSE, NSE.

The reason you didn't get the CreditAccess Grameen IPO could be:

  • IPO become oversubscribed and allotment process is completed through a lottery
  • The IPO application got rejected due to mismatch/incomplete information
  • The issue price is higher than the bid price. (Always apply on cut-off price).