Navoday Enterprises IPO Allotment Status Online

The Navoday Enterprises IPO allotment status will be available on Jun 21, 2021, as per the timeline provided in the red-herring prospectus.

Below are the steps to check Navoday Enterprises IPO allotment status online:

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

Navoday Enterprises IPO allotment status is expected on Jun 21, 2021. Click the green button Navoday Enterprises IPO Allotment Status above to check the allotment. Note the button remains to disable until the allotment is available online.

If Navoday Enterprises IPO oversubscribed in the retail category, the Navoday Enterprises 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 Navoday Enterprises IPO shares will get listed on Friday, June 25, 2021. The equity share of Navoday Enterprises Limited will list on BSE SME.

The reason you didn't get the Navoday Enterprises 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 Navoday Enterprises IPO will open for bidding on Jun 14, 2021. The IPO application closes on Jun 17, 2021.