MIC Electronics IPO Allotment Status Online

Below are the steps to check MIC Electronics Ltd. IPO allotment status online:

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

MIC Electronics Ltd. IPO IPO allotment status is expected on [.]. Click the green button MIC Electronics Ltd. IPO allotment status above to check the allotment. Note : The button remains disabled until the allotment is available online.

If MIC Electronics IPO oversubscribed in the retail category, the MIC Electronics 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 MIC Electronics Ltd. listing date is May 30, 2007. The equity shares of MIC Electronics Ltd. will list on BSE, NSE.

The reason you didn't get the MIC Electronics 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).