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The basis of allotment for Arabian Petroleum IPO is available now.
The Arabian Petroleum IPO allotment status will be available on Wednesday, October 4, 2023, as per the timeline provided in the red-herring prospectus.
Below are the steps to check Arabian Petroleum Ltd. IPO allotment status online:
Note: The disabled button shows that the allotment is not yet available online.
The allotment result looks like as below:
The expected Listing price of Arabian Petroleum IPO depends on many factors including demand, nature of the business, market environment, and state of the economy. The Arabian Petroleum IPO grey market premium gives some hint but the actual Listing price is difficult to guess.
Arabian Petroleum Ltd. IPO IPO allotment status is expected on Wednesday, October 4, 2023. Click the green button Arabian Petroleum Ltd. IPO allotment status above to check the allotment. Note : The button remains disabled until the allotment is available online.
If Arabian Petroleum IPO oversubscribed in the retail category, the Arabian Petroleum 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 Arabian Petroleum Ltd. listing date is October 9, 2023. The equity shares of Arabian Petroleum Ltd. will list on NSE SME.
The reason you didn't get the Arabian Petroleum IPO could be:
RHP