Karda Construction IPO Allotment Status Online

Karda Construction IPO Details

IPO Open Mar 16, 2018
IPO Close Mar 21, 2018
IPO Price ₹180
Face Value ₹10
IPO Size ₹77.40 Cr
Listing At BSE, NSE
Lot Size 80
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Karda Construction IPO Schedule

  • Bid/Offer Opens On: Mar 16, 2018
  • Bid/Offer Closes On: Mar 21, 2018
  • Finalization of Basis of Allotment: Mar 26, 2018
  • Initiation of refunds: Mar 27, 2018
  • Credit of Equity Shares: Mar 28, 2018
  • Listing Date: Apr 2, 2018

Check Karda Construction IPO allotment status online by clicking the button below. If you have difficulties finding the Karda Construction Ltd IPO allotment status, please visit the website of the IPO registrar.

Note: Registrar of the Karda Construction 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 Karda Construction Ltd IPO, check the 'basis of allotment' document.

Karda Construction IPO Allotment FAQs

The Karda Construction IPO allotment status will be available on Mar 26, 2018, as per the timeline provided in the red-herring prospectus.

Below are the steps to check Karda Construction IPO allotment status online:

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

Karda Construction IPO allotment status is expected on Mar 26, 2018. Click the green button Karda Construction IPO Allotment Status above to check the allotment. Note the button remains to disable until the allotment is available online.

If Karda Construction IPO oversubscribed in the retail category, the Karda Construction 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 Karda Construction IPO shares will get listed on Monday, April 2, 2018. The equity share of Karda Construction Ltd will list on BSE, NSE.

The reason you didn't get the Karda Construction 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 Karda Construction IPO will open for bidding on Mar 16, 2018. The IPO application closes on Mar 21, 2018.