Laxmi Cotspin IPO Details

Issue Open Mar 17, 2017
Issue Close Mar 22, 2017
IPO Price ₹20
Face Value ₹10
IPO Size ₹9.60 Cr
Listing At NSE SME
IPO Lot Size 6000
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Laxmi Cotspin IPO allotment status is not available at this time. IPO share allotment process takes 6 working days from the issue closing date. Please revisit us to check the latest updates for Laxmi Cotspin Limited IPO allotment status.

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

Laxmi Cotspin IPO Allotment FAQs

Sorry. The tentative date of allotment for Laxmi Cotspin IPO is not available at this time.

Below are the steps to check Laxmi Cotspin IPO allotment status online:

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

Laxmi Cotspin IPO allotment status is expected on . Click the green button Laxmi Cotspin IPO Allotment Status above to check the allotment. Note the button remains to disable until the allotment is available online.

If Laxmi Cotspin IPO oversubscribed in the retail category, the Laxmi Cotspin 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 Laxmi Cotspin IPO shares will get listed on Friday, March 31, 2017. The equity share of Laxmi Cotspin Limited will list on NSE SME.

The reason you didn't get the Laxmi Cotspin 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 Laxmi Cotspin IPO will open for bidding on Mar 17, 2017. The IPO application closes on Mar 22, 2017.