Saakshi Medtech and Panels IPO Allotment Status Online

The Saakshi Medtech and Panels IPO allotment status will be available on October 3, 2023, as per the timeline provided in the red-herring prospectus.

Below are the steps to check Saakshi Medtech and Panels IPO allotment status online:

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

Saakshi Medtech and Panels IPO allotment status is expected on October 3, 2023. Click the green button Saakshi Medtech and Panels IPO Allotment Status above to check the allotment. Note the button remains to disable until the allotment is available online.

If Saakshi Medtech and Panels IPO oversubscribed in the retail category, the Saakshi Medtech and Panels 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 Saakshi Medtech and Panels IPO shares will get listed on Tuesday, October 3, 2023. The equity share of Saakshi Medtech and Panels Limited will list on NSE SME.

The reason you didn't get the Saakshi Medtech and Panels 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).