Sumit Woods IPO Allotment Status Online

The Sumit Woods IPO allotment status will be available on September 5, 2018, as per the timeline provided in the red-herring prospectus.

Below are the steps to check Sumit Woods IPO allotment status online:

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

Sumit Woods IPO allotment status is expected on September 5, 2018. Click the green button Sumit Woods IPO Allotment Status above to check the allotment. Note the button remains to disable until the allotment is available online.

If Sumit Woods IPO oversubscribed in the retail category, the Sumit Woods 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 Sumit Woods IPO shares will get listed on Monday, September 10, 2018. The equity share of Sumit Woods Limited will list on NSE SME.

The reason you didn't get the Sumit Woods 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).