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MD Inducto Cast IPO Allotment Status Online

MD Inducto Cast IPO Details

Issue Open Jun 30, 2015
Issue Close Jul 2, 2015
IPO Price ₹27
Face Value ₹10
IPO Size ₹17.24 Cr
Listing At BSE SME
IPO Lot Size 4000

MD Inducto Cast 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 M D Inducto Cast Ltd IPO allotment status.

Note: Registrar of the MD Inducto Cast 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 M D Inducto Cast Ltd IPO, check the Basis of Allotment document.

MD Inducto Cast IPO Allotment FAQs

Sorry. The tentative date of allotment for MD Inducto Cast IPO is not available at this time.

Below are the steps to check MD Inducto Cast IPO allotment status online:

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

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

If MD Inducto Cast IPO oversubscribed in the retail category, the MD Inducto Cast 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 MD Inducto Cast IPO shares will get listed on Thursday, July 16, 2015. The equity share of M D Inducto Cast Ltd will list on BSE SME.

The reason you didn't get the MD Inducto Cast 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 MD Inducto Cast IPO will open for bidding on Jun 30, 2015. The IPO application closes on Jul 2, 2015.