Garv Industries IPO Allotment Status Online

Garv Industries IPO Details

IPO Open Apr 12, 2018
IPO Close Apr 17, 2018
IPO Price ₹10
Face Value ₹10
IPO Size ₹3.20 Cr
Listing At BSE SME
Lot Size 10000
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Garv Industries IPO Schedule

  • Bid/Offer Opens On: Apr 12, 2018
  • Bid/Offer Closes On: Apr 17, 2018
  • Finalization of Basis of Allotment: Apr 20, 2018
  • Initiation of refunds: Apr 23, 2018
  • Credit of Equity Shares: Apr 24, 2018
  • Listing Date: Apr 25, 2018

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

Note: Registrar of the Garv Industries 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 Garv Industries Limited IPO, check the 'basis of allotment' document.

Garv Industries IPO Allotment FAQs

The Garv Industries IPO allotment status will be available on Apr 20, 2018, as per the timeline provided in the red-herring prospectus.

Below are the steps to check Garv Industries IPO allotment status online:

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

Garv Industries IPO allotment status is expected on Apr 20, 2018. Click the green button Garv Industries IPO Allotment Status above to check the allotment. Note the button remains to disable until the allotment is available online.

If Garv Industries IPO oversubscribed in the retail category, the Garv Industries 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 Garv Industries IPO shares will get listed on Wednesday, April 25, 2018. The equity share of Garv Industries Limited will list on BSE SME.

The reason you didn't get the Garv Industries 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 Garv Industries IPO will open for bidding on Apr 12, 2018. The IPO application closes on Apr 17, 2018.