Rajnandini Metal IPO Allotment Status Online

Rajnandini Metal IPO Details

IPO Open Sep 24, 2018
IPO Close Sep 27, 2018
IPO Price ₹26
Face Value ₹10
IPO Size ₹4.27 Cr
Listing At NSE SME
Lot Size 4000
Open an Instant Account with Zerodha

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

Note: Registrar of the Rajnandini Metal 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 Rajnandini Metal Limited IPO, check the 'basis of allotment' document.

Rajnandini Metal IPO Allotment FAQs

Sorry. The tentative date of allotment for Rajnandini Metal IPO is not available at this time.

Below are the steps to check Rajnandini Metal IPO allotment status online:

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

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

If Rajnandini Metal IPO oversubscribed in the retail category, the Rajnandini Metal 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 Rajnandini Metal IPO shares will get listed on Monday, October 8, 2018. The equity share of Rajnandini Metal Limited will list on NSE SME.

The reason you didn't get the Rajnandini Metal 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 Rajnandini Metal IPO will open for bidding on Sep 24, 2018. The IPO application closes on Sep 27, 2018.