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The basis of allotment for Electro Force IPO is available now.
The Electro Force IPO allotment status will be available on Friday, December 22, 2023, as per the timeline provided in the red-herring prospectus.
Below are the steps to check Electro Force (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 Electro Force IPO depends on many factors including demand, nature of the business, market environment, and state of the economy. The Electro Force IPO grey market premium gives some hint but the actual Listing price is difficult to guess.
Electro Force (India) Ltd. IPO IPO allotment status is expected on Friday, December 22, 2023. Click the green button Electro Force (India) Ltd. IPO allotment status above to check the allotment. Note : The button remains disabled until the allotment is available online.
If Electro Force IPO oversubscribed in the retail category, the Electro Force 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 Electro Force (India) Ltd. listing date is December 27, 2023. The equity shares of Electro Force (India) Ltd. will list on NSE SME.
The reason you didn't get the Electro Force IPO could be:
RHP