Markolines Traffic Controls IPO Allotment Status Online

The Markolines Traffic Controls IPO allotment status will be available on Sep 23, 2021, as per the timeline provided in the red-herring prospectus.

Below are the steps to check Markolines Traffic Controls IPO allotment status online:

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

Markolines Traffic Controls IPO allotment status is expected on Sep 23, 2021. Click the green button Markolines Traffic Controls IPO Allotment Status above to check the allotment. Note the button remains to disable until the allotment is available online.

If Markolines Traffic Controls IPO oversubscribed in the retail category, the Markolines Traffic Controls 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 Markolines Traffic Controls IPO shares will get listed on Monday, September 27, 2021. The equity share of Markolines Traffic Controls Limited will list on BSE SME.

The reason you didn't get the Markolines Traffic Controls 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).