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Innovative Ideals IPO Allotment Status Online

Innovative Ideals IPO Details

Issue Open Sep 24, 2018
Issue Close Sep 26, 2018
IPO Price ₹40
Face Value ₹10
IPO Size ₹12.26 Cr
Listing At BSE SME
IPO Lot Size 3000

Innovative Ideals IPO Schedule

  • Bid/Offer Opens On: Sep 24, 2018
  • Bid/Offer Closes On: Sep 26, 2018
  • Finalization of Basis of Allotment: Oct 1, 2018
  • Initiation of refunds: Oct 3, 2018
  • Credit of Equity Shares: Oct 4, 2018
  • Listing Date: Oct 5, 2018

Check Innovative Ideals IPO allotment status online by clicking the button below. If you have difficulties finding the Innovative Ideals and Services (India) Limited IPO allotment status, please visit the website of the IPO registrar.

Note: Registrar of the Innovative Ideals 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 Innovative Ideals and Services (India) Limited IPO, check the 'basis of allotment' document.

Innovative Ideals IPO Allotment FAQs

The Innovative Ideals IPO allotment status will be available on Oct 1, 2018, as per the timeline provided in the red-herring prospectus.

Below are the steps to check Innovative Ideals IPO allotment status online:

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

Innovative Ideals IPO allotment status is expected on Oct 1, 2018. Click the green button Innovative Ideals IPO Allotment Status above to check the allotment. Note the button remains to disable until the allotment is available online.

If Innovative Ideals IPO oversubscribed in the retail category, the Innovative Ideals 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 Innovative Ideals IPO shares will get listed on Friday, October 5, 2018. The equity share of Innovative Ideals and Services (India) Limited will list on BSE SME.

The reason you didn't get the Innovative Ideals 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 Innovative Ideals IPO will open for bidding on Sep 24, 2018. The IPO application closes on Sep 26, 2018.