Modis Navnirman IPO Allotment Status Online

Modis Navnirman IPO Details

IPO Open Jun 23, 2022
IPO Close Jun 28, 2022
IPO Price ₹180
Face Value ₹10
IPO Size ₹22.68 Cr
Listing At BSE SME
Lot Size 800
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Modis Navnirman IPO Schedule

  • Bid/Offer Opens On: Jun 23, 2022
  • Bid/Offer Closes On: Jun 28, 2022
  • Finalization of Basis of Allotment: Jul 1, 2022
  • Initiation of refunds: Jul 4, 2022
  • Credit of Equity Shares: Jul 5, 2022
  • Listing Date: Jul 6, 2022

Check Modis Navnirman IPO allotment status online by clicking the button below. If you have difficulties finding the Modi's Navnirman Limited IPO allotment status, please visit the website of the IPO registrar.

Note: Registrar of the Modis Navnirman 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 Modi's Navnirman Limited IPO, check the 'basis of allotment' document.

Modis Navnirman IPO Allotment FAQs

The Modis Navnirman IPO allotment status will be available on Jul 1, 2022, as per the timeline provided in the red-herring prospectus.

Below are the steps to check Modis Navnirman IPO allotment status online:

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

Modis Navnirman IPO allotment status is expected on Jul 1, 2022. Click the green button Modis Navnirman IPO Allotment Status above to check the allotment. Note the button remains to disable until the allotment is available online.

If Modis Navnirman IPO oversubscribed in the retail category, the Modis Navnirman 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 Modis Navnirman IPO shares will get listed on Wednesday, July 6, 2022. The equity share of Modi's Navnirman Limited will list on BSE SME.

The reason you didn't get the Modis Navnirman 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 Modis Navnirman IPO will open for bidding on Jun 23, 2022. The IPO application closes on Jun 28, 2022.