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Gensol Engineering IPO Allotment Status Online

Gensol Engineering IPO Details

Issue Open Sep 30, 2019
Issue Close Oct 4, 2019
IPO Price ₹83
Face Value ₹10
IPO Size ₹17.93 Cr
Listing At BSE SME
IPO Lot Size 1600

Gensol Engineering IPO Schedule

  • Bid/Offer Opens On: Sep 30, 2019
  • Bid/Offer Closes On: Oct 4, 2019
  • Finalization of Basis of Allotment: Oct 10, 2019
  • Initiation of refunds: Oct 11, 2019
  • Credit of Equity Shares: Oct 14, 2019
  • Listing Date: Oct 15, 2019

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

Note: Registrar of the Gensol Engineering 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 Gensol Engineering Limited IPO, check the 'basis of allotment' document.

Gensol Engineering IPO Allotment FAQs

The Gensol Engineering IPO allotment status will be available on Oct 10, 2019, as per the timeline provided in the red-herring prospectus.

Below are the steps to check Gensol Engineering IPO allotment status online:

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

Gensol Engineering IPO allotment status is expected on Oct 10, 2019. Click the green button Gensol Engineering IPO Allotment Status above to check the allotment. Note the button remains to disable until the allotment is available online.

If Gensol Engineering IPO oversubscribed in the retail category, the Gensol Engineering 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 Gensol Engineering IPO shares will get listed on Tuesday, October 15, 2019. The equity share of Gensol Engineering Limited will list on BSE SME.

The reason you didn't get the Gensol Engineering 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 Gensol Engineering IPO will open for bidding on Sep 30, 2019. The IPO application closes on Oct 4, 2019.