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The basis of allotment for De Neers Tools IPO is available now.
The De Neers Tools IPO allotment status will be available on Monday, May 8, 2023, as per the timeline provided in the red-herring prospectus.
Below are the steps to check De Neers Tools 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 De Neers Tools IPO depends on many factors including demand, nature of the business, market environment, and state of the economy. The De Neers Tools IPO grey market premium gives some hint but the actual Listing price is difficult to guess.
De Neers Tools Ltd. IPO IPO allotment status is expected on Monday, May 8, 2023. Click the green button De Neers Tools Ltd. IPO allotment status above to check the allotment. Note : The button remains disabled until the allotment is available online.
If De Neers Tools IPO oversubscribed in the retail category, the De Neers Tools 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 De Neers Tools Ltd. listing date is May 11, 2023. The equity shares of De Neers Tools Ltd. will list on NSE SME.
The reason you didn't get the De Neers Tools IPO could be:
RHP