Narayani Steels IPO Details

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.

Narayani Steels IPO Allotment FAQs

  1. 1. When is Narayani Steels IPO allotment expected?

    Sorry. The tentative date of allotment for Narayani Steels IPO is not available at this time.
  2. 2. How to check Narayani Steels IPO Allotment Status?

    Below are the steps to check Narayani Steels IPO allotment status online:

    • Visit the Narayani Steels IPO allotment status page.
    • Click on the green Narayani Steels IPO Allotment Status.
    • Enter either PAN number, Application Number or DP Client ID of the demat account to check the Narayani Steels 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
  3. 3. What is the expected listing price of the Narayani Steels IPO?

    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.

  4. 4. Where to check Narayani Steels IPO allotment status?

    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.

  5. 5. On what basis Narayani Steels IPO shares are allotted to retail investors?

    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.

  6. 6. When will Narayani Steels IPO get listed?

    The Narayani Steels IPO shares will get listed on Wednesday, September 14, 2016. The equity share of Narayani Steels Ltd will list on BSE SME.
  7. 7. Why I didn't get allotment in Narayani Steels IPO?

    The reason you didn't get the Narayani Steels 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).
  8. 8. When Narayani Steels IPO is coming?

    The Narayani Steels IPO will open for bidding on Sep 1, 2016. The IPO application closes on Sep 6, 2016.


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