What time IPO allotment is done?

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The IPO allotment is completed within five working days of the close of the offer. The basis of allotment is finalized after 3 business days of issue closure.

For example, if an IPO closes on April 6, 2023, the share allotment will be completed by April 17, 2023.

Trading/bank holidays and weekends are not taken into account when deriving the above dates.

You can check the detailed IPO schedule of each IPO on Chittorgarh.com.

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