• IPO Dashboard

Aakash Exploration IPO Details

1. 1. When is Aakash Exploration IPO allotment expected?

   The Aakash Exploration IPO allotment status will be available on Apr 24, 2018, as per the timeline provided in the red-herring prospectus.

2. 2. How to check Aakash Exploration IPO Allotment Status?

   Below are the steps to check Aakash Exploration IPO allotment status online:

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

3. 3. What is the expected listing price of the Aakash Exploration IPO?

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

4. 4. Where to check Aakash Exploration IPO allotment status?

   Aakash Exploration IPO allotment status is expected on Apr 24, 2018. Click the green button Aakash Exploration IPO Allotment Status above to check the allotment. Note the button remains to disable until the allotment is available online.

5. 5. On what basis Aakash Exploration IPO shares are allotted to retail investors?

   If Aakash Exploration IPO oversubscribed in the retail category, the Aakash Exploration 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.

6. 6. When will Aakash Exploration IPO get listed?

   The Aakash Exploration IPO shares will get listed on Friday, April 27, 2018. The equity share of Aakash Exploration Services Limited will list on NSE SME.

7. 7. Why I didn't get allotment in Aakash Exploration IPO?

   The reason you didn't get the Aakash Exploration 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).

8. 8. When Aakash Exploration IPO is coming?

   The Aakash Exploration IPO will open for bidding on Apr 17, 2018. The IPO application closes on Apr 19, 2018.