The basis of allotment for Music Broadcast IPO is available now.
The Music Broadcast IPO allotment status will be available on Tuesday, March 14, 2017, as per the timeline provided in the red-herring prospectus.
Below are the steps to check Music Broadcast 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 Music Broadcast IPO depends on many factors including demand, nature of the business, market environment, and state of the economy. The Music Broadcast IPO grey market premium gives some hint but the actual Listing price is difficult to guess.
Music Broadcast Ltd. IPO IPO allotment status is expected on Tuesday, March 14, 2017. Click the green button Music Broadcast Ltd. IPO allotment status above to check the allotment. Note : The button remains disabled until the allotment is available online.
If Music Broadcast IPO oversubscribed in the retail category, the Music Broadcast 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 Music Broadcast Ltd. listing date is March 17, 2017. The equity shares of Music Broadcast Ltd. will list on BSE, NSE.
The reason you didn't get the Music Broadcast IPO could be: