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Steelman Telecom IPO Allotment Status Online

Steelman Telecom IPO Details

IPO Open Sep 26, 2022
IPO Close Sep 29, 2022
IPO Price ₹96
Face Value ₹10
IPO Size ₹26.02 Cr
Listing At BSE SME
Lot Size 1200
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Steelman Telecom IPO Schedule

  • Bid/Offer Opens On: Sep 26, 2022
  • Bid/Offer Closes On: Sep 29, 2022
  • Finalization of Basis of Allotment: Oct 4, 2022
  • Initiation of refunds: Oct 6, 2022
  • Credit of Equity Shares: Oct 7, 2022
  • Listing Date: Oct 10, 2022

Steelman Telecom 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 Steelman Telecom Limited IPO allotment status.

Note: Registrar of the Steelman Telecom 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 Steelman Telecom Limited IPO, check the Basis of Allotment document.

Steelman Telecom IPO Allotment FAQs

The Steelman Telecom IPO allotment status will be available on Oct 4, 2022, as per the timeline provided in the red-herring prospectus.

Below are the steps to check Steelman Telecom IPO allotment status online:

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

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

If Steelman Telecom IPO oversubscribed in the retail category, the Steelman Telecom 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 Steelman Telecom IPO listing date is not available at this time. The Steelman Telecom IPO is planned to list the shares on Oct 10, 2022, at BSE SME.

The reason you didn't get the Steelman Telecom 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 Steelman Telecom IPO will open for bidding on Sep 26, 2022. The IPO application closes on Sep 29, 2022.