Bright Solar IPO Allotment Status Online

Below are the steps to check Bright Solar Ltd. IPO allotment status online:

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

Bright Solar Ltd. IPO IPO allotment status is expected on Wednesday, July 4, 2018. Click the green button Bright Solar Ltd. IPO allotment status above to check the allotment. Note : The button remains disabled until the allotment is available online.

If Bright Solar IPO oversubscribed in the retail category, the Bright Solar 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 Bright Solar Ltd. listing date is July 9, 2018. The equity shares of Bright Solar Ltd. will list on NSE SME.

The reason you didn't get the Bright Solar 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).