The basis of allotment for Concord Biotech IPO is available now.
The Concord Biotech IPO allotment status will be available on Friday, August 11, 2023, as per the timeline provided in the red-herring prospectus.
Below are the steps to check Concord Biotech 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 Concord Biotech IPO depends on many factors including demand, nature of the business, market environment, and state of the economy. The Concord Biotech IPO grey market premium gives some hint but the actual Listing price is difficult to guess.
Concord Biotech Ltd. IPO IPO allotment status is expected on Friday, August 11, 2023. Click the green button Concord Biotech Ltd. IPO allotment status above to check the allotment. Note : The button remains disabled until the allotment is available online.
If Concord Biotech IPO oversubscribed in the retail category, the Concord Biotech 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 Concord Biotech Ltd. listing date is August 18, 2023. The equity shares of Concord Biotech Ltd. will list on BSE, NSE.
The reason you didn't get the Concord Biotech IPO could be: