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November 22, 2023 - November 24, 2023

Gandhar Oil Refinery India IPO Allotment Status Online

Gandhar Oil Refinery India IPO allotment is expected on November 28, 2023.

The basis of allotment for Gandhar Oil Refinery India IPO is available now.

To check Gandhar Oil Refinery India IPO allotment status, follow the steps below:

  1. Click on the below allotment status check button.
  2. Select Company Name.
  3. Enter your PAN Number, Application Number or DP Client ID (Anyone).
  4. Click on Search.

On securing the allotment, you will receive the credit of equivalent shares in your Demat account.

If you have any concerns or queries about the allotment status, contact Link Intime India Private Ltd either by phone or email. Investors can call on +91-22-4918 6270 or send an email with all relevant details to gandharoil.ipo@linkintime.co.in.

Gandhar Oil Refinery India IPO Allotment FAQs

The Gandhar Oil Refinery India IPO allotment status will be available on November 28, 2023, as per the timeline provided in the red-herring prospectus.

Below are the steps to check Gandhar Oil Refinery India IPO allotment status online:

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

Gandhar Oil Refinery India IPO allotment status is expected on November 28, 2023. Click the green button Gandhar Oil Refinery India IPO Allotment Status above to check the allotment. Note the button remains to disable until the allotment is available online.

If Gandhar Oil Refinery India IPO oversubscribed in the retail category, the Gandhar Oil Refinery India 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 Gandhar Oil Refinery India IPO shares will get listed on Thursday, November 30, 2023. The equity share of Gandhar Oil Refinery (India) Limited will list on BSE, NSE.

The reason you didn't get the Gandhar Oil Refinery India 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).