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September 29, 2023 - October 5, 2023

Karnika Industries IPO Allotment Status Online

Karnika Industries IPO allotment is expected on October 10, 2023.

The basis of allotment for Karnika Industries IPO is available now.

To check Karnika Industries IPO allotment status, follow the steps below:

  1. Click on the below allotment status check button.
  2. Select Company Name.
  3. Enter your PAN Number, Application Number or DP Client ID (Anyone).
  4. Click on Search.

On securing the allotment, you will receive the credit of equivalent shares in your Demat account.

If you have any concerns or queries about the allotment status, contact Skyline Financial Services Private Ltd either by phone or email. Investors can call on 02228511022 or send an email with all relevant details to ipo@skylinerta.com.

Karnika Industries IPO Allotment FAQs

The Karnika Industries IPO allotment status will be available on October 10, 2023, as per the timeline provided in the red-herring prospectus.

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

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

Karnika Industries IPO allotment status is expected on October 10, 2023. Click the green button Karnika Industries IPO Allotment Status above to check the allotment. Note the button remains to disable until the allotment is available online.

If Karnika Industries IPO oversubscribed in the retail category, the Karnika 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 Karnika Industries IPO shares will get listed on Thursday, October 12, 2023. The equity share of Karnika Industries Limited will list on NSE SME.

The reason you didn't get the Karnika 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).