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Safa Systems IPO Details

Issue Open Jan 28, 2022
Issue Close Feb 1, 2022
IPO Price ₹10
Face Value ₹10
IPO Size ₹4.00 Cr
Listing At BSE SME
IPO Lot Size 10000
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Safa Systems IPO Schedule

  • Bid/Offer Opens On: Jan 28, 2022
  • Bid/Offer Closes On: Feb 1, 2022
  • Finalization of Basis of Allotment: Feb 4, 2022
  • Initiation of refunds: Feb 7, 2022
  • Credit of Equity Shares: Feb 8, 2022
  • Listing Date: Feb 9, 2022

Check Safa Systems IPO allotment status online by clicking the button below. If you have difficulties finding the Safa Systems & Technologies Limited IPO allotment status, please visit the website of the IPO registrar.

Note: Registrar of the Safa Systems 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 Safa Systems & Technologies Limited IPO, check the 'basis of allotment' document.

Safa Systems IPO Allotment FAQs

The Safa Systems IPO allotment status will be available on Feb 4, 2022, as per the timeline provided in the red-herring prospectus.

Below are the steps to check Safa Systems IPO allotment status online:

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

Safa Systems IPO allotment status is expected on Feb 4, 2022. Click the green button Safa Systems IPO Allotment Status above to check the allotment. Note the button remains to disable until the allotment is available online.

If Safa Systems IPO oversubscribed in the retail category, the Safa Systems 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 Safa Systems IPO shares will get listed on Wednesday, February 9, 2022. The equity share of Safa Systems & Technologies Limited will list on BSE SME.

The reason you didn't get the Safa Systems 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 Safa Systems IPO will open for bidding on Jan 28, 2022. The IPO application closes on Feb 1, 2022.