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September 2, 2016 - September 7, 2016

Riddhi Steel IPO Allotment Status Online

Riddhi Steel IPO allotment status is not available at this time. Riddhi Steel IPO - The allotment status will be available once the basis of allotment is finalized. Please revisit us to check the latest updates for Riddhi Steel & Tube Ltd IPO allotment status.

To check Riddhi Steel IPO allotment status, follow the steps below:

  1. Click on the below allotment status check button.
  2. Select Company Name.
  3. Enter your PAN Number, Application Number or DP Client ID (Anyone).
  4. Click on Search.

On securing the allotment, you will receive the credit of equivalent shares in your Demat account.

If you have any concerns or queries about the allotment status, contact Kfin Technologies Limited either by phone or email. Investors can call on 04067162222, 04079611000 or send an email with all relevant details to riddhisteel.ipo@karvy.com.

Riddhi Steel IPO Allotment FAQs

Sorry. The tentative date of allotment for Riddhi Steel IPO is not available at this time.

Below are the steps to check Riddhi Steel IPO allotment status online:

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

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

If Riddhi Steel IPO oversubscribed in the retail category, the Riddhi Steel 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 Riddhi Steel IPO shares will get listed on Wednesday, September 14, 2016. The equity share of Riddhi Steel & Tube Ltd will list on BSE SME.

The reason you didn't get the Riddhi Steel 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).