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Palm Jewels IPO Details

Issue Open May 25, 2018
Issue Close Jun 4, 2018
IPO Price ₹30
Face Value ₹10
IPO Size ₹8.90 Cr
Listing At BSE SME
IPO Lot Size 4000

Palm Jewels IPO Schedule

  • Bid/Offer Opens On: May 25, 2018
  • Bid/Offer Closes On: Jun 4, 2018
  • Finalization of Basis of Allotment: Jun 6, 2018
  • Initiation of refunds: Jun 7, 2018
  • Credit of Equity Shares: Jun 7, 2018
  • Listing Date: Jun 11, 2018

Check Palm Jewels IPO allotment status online by clicking the button below. If you have difficulties finding the Palm Jewels Limited IPO allotment status, please visit the website of the IPO registrar.

Note: Registrar of the Palm Jewels IPO is responsible for IPO allotment. Please contact the registrar with any quires related to stock allocation or refund related problems. To understand the allocation of shares for Palm Jewels Limited IPO, check the 'basis of allotment' document.

Palm Jewels IPO Allotment FAQs

The Palm Jewels IPO allotment status will be available on Jun 6, 2018, as per the timeline provided in the red-herring prospectus.

Below are the steps to check Palm Jewels IPO allotment status online:

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

Palm Jewels IPO allotment status is expected on Jun 6, 2018. Click the green button Palm Jewels IPO Allotment Status above to check the allotment. Note the button remains to disable until the allotment is available online.

If Palm Jewels IPO oversubscribed in the retail category, the Palm Jewels 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 Palm Jewels IPO shares will get listed on Tuesday, June 12, 2018. The equity share of Palm Jewels Limited will list on BSE SME.

The reason you didn't get the Palm Jewels 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 Palm Jewels IPO will open for bidding on May 25, 2018. The IPO application closes on Jun 4, 2018.