Marco Cables IPO Allotment Status Online

Fixed Price IPO | ₹19 Cr | Listed at NSE SME | Thu, Sep 21, 2023 - Mon, Sep 25, 2023

The Marco Cables IPO allotment status will be available on Thursday, September 28, 2023, as per the timeline provided in the red-herring prospectus.

Below are the steps to check Marco Cables & Conductors Ltd. IPO allotment status online:

  • Visit the Marco Cables IPO allotment status page.
  • Click on the green Marco Cables IPO Allotment Status.
  • Enter either PAN number, Application Number, or DP Client ID of the demat account to check the Marco Cables 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 Marco Cables IPO depends on many factors including demand, nature of the business, market environment, and state of the economy. The Marco Cables IPO grey market premium gives some hint but the actual Listing price is difficult to guess.

Marco Cables & Conductors Ltd. IPO IPO allotment status is expected on Thursday, September 28, 2023. Click the green button Marco Cables & Conductors Ltd. IPO allotment status above to check the allotment. Note : The button remains disabled until the allotment is available online.

If Marco Cables IPO oversubscribed in the retail category, the Marco Cables 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 Marco Cables & Conductors Ltd. listing date is September 28, 2023. The equity shares of Marco Cables & Conductors Ltd. will list on NSE SME.

The reason you didn't get the Marco Cables 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).
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