Nitiraj Engineers IPO Allotment Status Online

Nitiraj Engineers IPO Details

IPO Open Feb 20, 2017
IPO Close Mar 1, 2017
IPO Price ₹100
Face Value ₹10
IPO Size ₹22.01 Cr
Listing At NSE SME
Lot Size 1200
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Nitiraj Engineers 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 Nitiraj Engineers Ltd IPO allotment status.

Note: Registrar of the Nitiraj Engineers 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 Nitiraj Engineers Ltd IPO, check the Basis of Allotment document.

Nitiraj Engineers IPO Allotment FAQs

Sorry. The tentative date of allotment for Nitiraj Engineers IPO is not available at this time.

Below are the steps to check Nitiraj Engineers IPO allotment status online:

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

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

If Nitiraj Engineers IPO oversubscribed in the retail category, the Nitiraj Engineers 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 Nitiraj Engineers IPO shares will get listed on Thursday, March 9, 2017. The equity share of Nitiraj Engineers Ltd will list on NSE SME.

The reason you didn't get the Nitiraj Engineers 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 Nitiraj Engineers IPO will open for bidding on Feb 20, 2017. The IPO application closes on Mar 1, 2017.