The basis of allotment for Modi's Navnirman IPO is available now.
The Modi's Navnirman IPO allotment status will be available on Friday, July 1, 2022, as per the timeline provided in the red-herring prospectus.
Below are the steps to check Modi's Navnirman 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 Modi's Navnirman IPO depends on many factors including demand, nature of the business, market environment, and state of the economy. The Modi's Navnirman IPO grey market premium gives some hint but the actual Listing price is difficult to guess.
Modi's Navnirman Ltd. IPO IPO allotment status is expected on Friday, July 1, 2022. Click the green button Modi's Navnirman Ltd. IPO allotment status above to check the allotment. Note : The button remains disabled until the allotment is available online.
If Modi's Navnirman IPO oversubscribed in the retail category, the Modi's Navnirman 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 Modi's Navnirman Ltd. listing date is July 6, 2022. The equity shares of Modi's Navnirman Ltd. will list on BSE SME.
The reason you didn't get the Modi's Navnirman IPO could be: