SPP Polymer IPO Allotment Status Online

The SPP Polymer IPO allotment status will be available on September 13, 2024, as per the timeline provided in the red-herring prospectus.

Below are the steps to check SPP Polymer IPO allotment status online:

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

SPP Polymer IPO allotment status is expected on September 13, 2024. Click the green button SPP Polymer IPO Allotment Status above to check the allotment. Note the button remains to disable until the allotment is available online.

If SPP Polymer IPO oversubscribed in the retail category, the SPP Polymer 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 SPP Polymer IPO shares will get listed on Tuesday, September 17, 2024. The equity share of SPP Polymer Limited will list on NSE SME.

The reason you didn't get the SPP Polymer 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).