The basis of allotment for EIL FPO is available now.
Sorry. The tentative date of allotment for EIL FPO is not available at this time.
Below are the steps to check Engineers India 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 EIL FPO depends on many factors including demand, nature of the business, market environment, and state of the economy. The EIL FPO grey market premium gives some hint but the actual Listing price is difficult to guess.
Engineers India Ltd. IPO IPO allotment status is expected on [.]. Click the green button Engineers India Ltd. IPO allotment status above to check the allotment. Note : The button remains disabled until the allotment is available online.
If EIL FPO oversubscribed in the retail category, the EIL FPO 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 Engineers India Ltd. listing date is February 28, 2014. The equity shares of Engineers India Ltd. will list on BSE, NSE.
The reason you didn't get the EIL FPO could be:
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