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The basis of allotment for Ganga Forging IPO is available now.
The Ganga Forging IPO allotment status will be available on Friday, July 6, 2018, as per the timeline provided in the red-herring prospectus.
Below are the steps to check Ganga Forging 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 Ganga Forging IPO depends on many factors including demand, nature of the business, market environment, and state of the economy. The Ganga Forging IPO grey market premium gives some hint but the actual Listing price is difficult to guess.
Ganga Forging Ltd. IPO IPO allotment status is expected on Friday, July 6, 2018. Click the green button Ganga Forging Ltd. IPO allotment status above to check the allotment. Note : The button remains disabled until the allotment is available online.
If Ganga Forging IPO oversubscribed in the retail category, the Ganga Forging 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 Ganga Forging Ltd. listing date is July 11, 2018. The equity shares of Ganga Forging Ltd. will list on NSE SME.
The reason you didn't get the Ganga Forging IPO could be:
RHP