Vruddhi Engineering Works IPO Allotment Status Online

The Vruddhi Engineering Works IPO allotment status will be available on April 1, 2024, as per the timeline provided in the red-herring prospectus.

Below are the steps to check Vruddhi Engineering Works IPO allotment status online:

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

Vruddhi Engineering Works IPO allotment status is expected on April 1, 2024. Click the green button Vruddhi Engineering Works IPO Allotment Status above to check the allotment. Note the button remains to disable until the allotment is available online.

If Vruddhi Engineering Works IPO oversubscribed in the retail category, the Vruddhi Engineering Works 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 Vruddhi Engineering Works IPO shares will get listed on Wednesday, April 3, 2024. The equity share of Vruddhi Engineering Works Limited will list on BSE SME.

The reason you didn't get the Vruddhi Engineering Works 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).