RMC Switchgears IPO Allotment Status Online

RMC Switchgears IPO Details

Issue Open Feb 28, 2017
Issue Close Mar 3, 2017
IPO Price ₹27
Face Value ₹10
IPO Size ₹4.15 Cr
Listing At BSE SME
IPO Lot Size 4000

RMC Switchgears 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 RMC Switchgears Limited IPO allotment status.

Note: Registrar of the RMC Switchgears 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 RMC Switchgears Limited IPO, check the Basis of Allotment document.

RMC Switchgears IPO Allotment FAQs

Sorry. The tentative date of allotment for RMC Switchgears IPO is not available at this time.

Below are the steps to check RMC Switchgears IPO allotment status online:

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

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

If RMC Switchgears IPO oversubscribed in the retail category, the RMC Switchgears 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 RMC Switchgears IPO shares will get listed on Tuesday, March 14, 2017. The equity share of RMC Switchgears Limited will list on BSE SME.

The reason you didn't get the RMC Switchgears 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 RMC Switchgears IPO will open for bidding on Feb 28, 2017. The IPO application closes on Mar 3, 2017.