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The basis of allotment for Azad Engineering IPO is available now.
The Azad Engineering IPO allotment status will be available on Tuesday, December 26, 2023, as per the timeline provided in the red-herring prospectus.
Below are the steps to check Azad Engineering 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 Azad Engineering IPO depends on many factors including demand, nature of the business, market environment, and state of the economy. The Azad Engineering IPO grey market premium gives some hint but the actual Listing price is difficult to guess.
Azad Engineering Ltd. IPO IPO allotment status is expected on Tuesday, December 26, 2023. Click the green button Azad Engineering Ltd. IPO allotment status above to check the allotment. Note : The button remains disabled until the allotment is available online.
If Azad Engineering IPO oversubscribed in the retail category, the Azad Engineering 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 Azad Engineering Ltd. listing date is December 28, 2023. The equity shares of Azad Engineering Ltd. will list on BSE, NSE.
The reason you didn't get the Azad Engineering IPO could be:
RHP