Suratwwala Business IPO Allotment Status Online

The Suratwwala Business IPO allotment status will be available on August 10, 2020, as per the timeline provided in the red-herring prospectus.

Below are the steps to check Suratwwala Business IPO allotment status online:

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

Suratwwala Business IPO allotment status is expected on August 10, 2020. Click the green button Suratwwala Business IPO Allotment Status above to check the allotment. Note the button remains to disable until the allotment is available online.

If Suratwwala Business IPO oversubscribed in the retail category, the Suratwwala Business 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 Suratwwala Business IPO shares will get listed on Thursday, August 13, 2020. The equity share of Suratwwala Business Group Ltd will list on BSE SME.

The reason you didn't get the Suratwwala Business 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).