The basis of allotment for IBL Finance IPO is available now.
The IBL Finance IPO allotment status will be available on Friday, January 12, 2024, as per the timeline provided in the red-herring prospectus.
Below are the steps to check IBL Finance 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 IBL Finance IPO depends on many factors including demand, nature of the business, market environment, and state of the economy. The IBL Finance IPO grey market premium gives some hint but the actual Listing price is difficult to guess.
IBL Finance Ltd. IPO IPO allotment status is expected on Friday, January 12, 2024. Click the green button IBL Finance Ltd. IPO allotment status above to check the allotment. Note : The button remains disabled until the allotment is available online.
If IBL Finance IPO oversubscribed in the retail category, the IBL Finance 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 IBL Finance Ltd. listing date is January 16, 2024. The equity shares of IBL Finance Ltd. will list on NSE SME.
The reason you didn't get the IBL Finance IPO could be: