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Aakash Exploration IPO Details

Issue Open Apr 17, 2018
Issue Close Apr 19, 2018
IPO Price ₹56
Face Value ₹10
IPO Size ₹10.08 Cr
Listing At NSE SME
IPO Lot Size 2000
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Aakash Exploration IPO Schedule

  • Bid/Offer Opens On: Apr 17, 2018
  • Bid/Offer Closes On: Apr 19, 2018
  • Finalization of Basis of Allotment: Apr 24, 2018
  • Initiation of refunds: Apr 25, 2018
  • Credit of Equity Shares: Apr 26, 2018
  • Listing Date: Apr 27, 2018

Check Aakash Exploration IPO allotment status online by clicking the button below. If you have difficulties finding the Aakash Exploration Services Limited IPO allotment status, please visit the website of the IPO registrar.

Note: Registrar of the Aakash Exploration IPO is responsible for IPO allotment. Please contact the registrar with any quires related to stock allocation or refund related problems. To understand the allocation of shares for Aakash Exploration Services Limited IPO, check the 'basis of allotment' document.

Aakash Exploration IPO Allotment FAQs

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

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

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.

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.

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.

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.

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).

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