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Newever Trade Wings IPO Allotment Status Online

Newever Trade Wings IPO Details

Issue Open Sep 30, 2013
Issue Close Oct 3, 2013
IPO Price ₹10
Face Value ₹10
IPO Size ₹6.32 Cr
Listing At BSE SME
IPO Lot Size 10000
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Newever Trade Wings 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 Newever Trade Wings Ltd IPO allotment status.

Note: Registrar of the Newever Trade Wings 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 Newever Trade Wings Ltd IPO, check the Basis of Allotment document.

Newever Trade Wings IPO Allotment FAQs

Sorry. The tentative date of allotment for Newever Trade Wings IPO is not available at this time.

Below are the steps to check Newever Trade Wings IPO allotment status online:

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

Newever Trade Wings IPO allotment status is expected on . Click the green button Newever Trade Wings IPO Allotment Status above to check the allotment. Note the button remains to disable until the allotment is available online.

If Newever Trade Wings IPO oversubscribed in the retail category, the Newever Trade Wings 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 Newever Trade Wings IPO shares will get listed on Thursday, October 17, 2013. The equity share of Newever Trade Wings Ltd will list on BSE SME.

The reason you didn't get the Newever Trade Wings 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 Newever Trade Wings IPO will open for bidding on Sep 30, 2013. The IPO application closes on Oct 3, 2013.