Veeram Ornaments IPO Allotment Status Online

Veeram Ornaments IPO Details

IPO Open Dec 23, 2016
IPO Close Dec 28, 2016
IPO Price ₹45
Face Value ₹10
IPO Size ₹5.12 Cr
Listing At BSE SME
Lot Size 3000
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Veeram Ornaments 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 Veeram Ornaments Ltd IPO allotment status.

Note: Registrar of the Veeram Ornaments 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 Veeram Ornaments Ltd IPO, check the Basis of Allotment document.

Veeram Ornaments IPO Allotment FAQs

Sorry. The tentative date of allotment for Veeram Ornaments IPO is not available at this time.

Below are the steps to check Veeram Ornaments IPO allotment status online:

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

Veeram Ornaments IPO allotment status is expected on . Click the green button Veeram Ornaments IPO Allotment Status above to check the allotment. Note the button remains to disable until the allotment is available online.

If Veeram Ornaments IPO oversubscribed in the retail category, the Veeram Ornaments 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 Veeram Ornaments IPO shares will get listed on Thursday, January 5, 2017. The equity share of Veeram Ornaments Ltd will list on BSE SME.

The reason you didn't get the Veeram Ornaments 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 Veeram Ornaments IPO will open for bidding on Dec 23, 2016. The IPO application closes on Dec 28, 2016.