Magson Retail IPO Allotment Status Online

Below are the steps to check Magson Retail & Distribution Ltd. IPO allotment status online:

• Visit the Magson Retail IPO allotment status page.
• Click on the green Magson Retail IPO Allotment Status.
• Enter either PAN number, Application Number, or DP Client ID of the demat account to check the Magson Retail IPO allotment status.
• Click Search.

Note: The disabled button shows that the allotment is not yet available online.

The allotment result looks like as below:

• PAN No.: AHMLK1898J
• Application No.: RL041213805307
• Name: Mr. Rajveer Singh
• Shares Applied: 40
• Shares Allotted: 40

The expected Listing price of Magson Retail IPO depends on many factors including demand, nature of the business, market environment, and state of the economy. The Magson Retail IPO grey market premium gives some hint but the actual Listing price is difficult to guess.

Magson Retail & Distribution Ltd. IPO IPO allotment status is expected on Monday, July 3, 2023. Click the green button Magson Retail & Distribution Ltd. IPO allotment status above to check the allotment. Note : The button remains disabled until the allotment is available online.

If Magson Retail IPO oversubscribed in the retail category, the Magson Retail 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 Magson Retail & Distribution Ltd. listing date is July 6, 2023. The equity shares of Magson Retail & Distribution Ltd. will list on NSE SME.

The reason you didn't get the Magson Retail IPO could be:

• IPO become oversubscribed and allotment process is completed through a lottery
• The IPO application got rejected due to mismatch/incomplete information
• The issue price is higher than the bid price. (Always apply on cut-off price).