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Axita Cotton IPO Details

Issue Open Dec 27, 2018
Issue Close Jan 2, 2019
IPO Price ₹60
Face Value ₹10
IPO Size ₹10.51 Cr
Listing At BSE SME
IPO Lot Size 2000

Axita Cotton IPO Schedule

  • Bid/Offer Opens On: Dec 27, 2018
  • Bid/Offer Closes On: Jan 2, 2019
  • Finalization of Basis of Allotment: Jan 7, 2019
  • Initiation of refunds: Jan 8, 2019
  • Credit of Equity Shares: Jan 9, 2019
  • Listing Date: Jan 10, 2019

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

Note: Registrar of the Axita Cotton 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 Axita Cotton Limited IPO, check the 'basis of allotment' document.

Axita Cotton IPO Allotment FAQs

The Axita Cotton IPO allotment status will be available on Jan 7, 2019, as per the timeline provided in the red-herring prospectus.

Below are the steps to check Axita Cotton IPO allotment status online:

  • Visit the Axita Cotton IPO allotment status page.
  • Click on the green Axita Cotton IPO Allotment Status.
  • Enter either PAN number, Application Number or DP Client ID of the demat account to check the Axita Cotton 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 Axita Cotton IPO depends on many factors including demand, nature of the business, market environment and state of the economy. The Axita Cotton IPO grey market premium gives some hint but the actual listing price is difficult to guess.

Axita Cotton IPO allotment status is expected on Jan 7, 2019. Click the green button Axita Cotton IPO Allotment Status above to check the allotment. Note the button remains to disable until the allotment is available online.

If Axita Cotton IPO oversubscribed in the retail category, the Axita Cotton 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 Axita Cotton IPO shares will get listed on Thursday, January 10, 2019. The equity share of Axita Cotton Limited will list on BSE SME.

The reason you didn't get the Axita Cotton 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 Axita Cotton IPO will open for bidding on Dec 27, 2018. The IPO application closes on Jan 2, 2019.