ITI FPO Details

IPO Open Jan 24, 2020
IPO Close Feb 5, 2020
IPO Price ₹71 - ₹77
Face Value ₹10
IPO Size ₹1,399.86 Cr
Listing At BSE, NSE
Lot Size 150
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ITI FPO Schedule

  • Bid/Offer Opens On: Jan 24, 2020
  • Bid/Offer Closes On: Feb 5, 2020
  • Finalization of Basis of Allotment: Jan 31, 2020
  • Initiation of refunds: Feb 3, 2020
  • Credit of Equity Shares: Feb 4, 2020
  • Listing Date: Feb 5, 2020

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

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

ITI FPO Allotment FAQs

The ITI FPO allotment status will be available on Jan 31, 2020, as per the timeline provided in the red-herring prospectus.

Below are the steps to check ITI FPO allotment status online:

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

ITI FPO allotment status is expected on Jan 31, 2020. Click the green button ITI FPO Allotment Status above to check the allotment. Note the button remains to disable until the allotment is available online.

If ITI FPO oversubscribed in the retail category, the ITI FPO 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 ITI FPO listing date is not available at this time. The ITI FPO is planned to list the shares on Feb 5, 2020, at BSE, NSE.

The reason you didn't get the ITI FPO 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 ITI FPO will open for bidding on Jan 24, 2020. The FPO application closes on Feb 5, 2020.