|
Issue Open | Sep 1, 2016 |
Issue Close | Sep 6, 2016 |
IPO Price | ₹32 |
Face Value | ₹10 |
IPO Size | ₹11.52 Cr |
Listing At | BSE SME |
IPO Lot Size | 4000 |
Narayani Steels 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 Narayani Steels Ltd IPO allotment status.
Note: Registrar of the Narayani Steels 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 Narayani Steels Ltd IPO, check the Basis of Allotment document.
Below are the steps to check Narayani Steels IPO allotment status online:
Note: The disabled button shows that the allotment is not yet available online.
The allotment result looks like as below:
The expected listing price of Narayani Steels IPO depends on many factors including demand, nature of the business, market environment and state of the economy. The Narayani Steels IPO grey market premium gives some hint but the actual listing price is difficult to guess.
Narayani Steels IPO allotment status is expected on . Click the green button Narayani Steels IPO Allotment Status above to check the allotment. Note the button remains to disable until the allotment is available online.
If Narayani Steels IPO oversubscribed in the retail category, the Narayani Steels 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 reason you didn't get the Narayani Steels IPO could be:
The Narayani Steels IPO will open for bidding on Sep 1, 2016. The IPO application closes on Sep 6, 2016.
Useful Articles
|