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DRA Consultants IPO Allotment Status Online

DRA Consultants IPO Details

Issue Open Sep 30, 2016
Issue Close Oct 4, 2016
IPO Price ₹10
Face Value ₹10
IPO Size ₹2.96 Cr
Listing At BSE SME
IPO Lot Size 10000

DRA Consultants IPO allotment status is not available at this time. IPO share allotment process takes 6 working days from the issue closing date. Please revisit us to check the latest updates for DRA Consultants Ltd IPO allotment status.

Note: Registrar of the DRA Consultants IPO is responsible for IPO allotment and refund processing. Please contact the registrar with questions related to IPO Allotment Status Online. To understand the allocation of shares for DRA Consultants Ltd IPO, check the Basis of Allotment document.

DRA Consultants IPO Allotment FAQs

Sorry. The tentative date of allotment for DRA Consultants IPO is not available at this time.

Below are the steps to check DRA Consultants IPO allotment status online:

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

DRA Consultants IPO allotment status is expected on . Click the green button DRA Consultants IPO Allotment Status above to check the allotment. Note the button remains to disable until the allotment is available online.

If DRA Consultants IPO oversubscribed in the retail category, the DRA Consultants 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 DRA Consultants IPO shares will get listed on Thursday, October 13, 2016. The equity share of DRA Consultants Ltd will list on BSE SME.

The reason you didn't get the DRA Consultants 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 DRA Consultants IPO will open for bidding on Sep 30, 2016. The IPO application closes on Oct 4, 2016.