The basis of allotment for Neelam Linens IPO is available now.
The Neelam Linens IPO allotment status will be available on Wednesday, November 13, 2024, as per the timeline provided in the red-herring prospectus.
Below are the steps to check Neelam Linens & Garments (India) 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 Neelam Linens IPO depends on many factors including demand, nature of the business, market environment, and state of the economy. The Neelam Linens IPO grey market premium gives some hint but the actual Listing price is difficult to guess.
Neelam Linens & Garments (India) Ltd. IPO IPO allotment status is expected on Wednesday, November 13, 2024. Click the green button Neelam Linens & Garments (India) Ltd. IPO allotment status above to check the allotment. Note : The button remains disabled until the allotment is available online.
If Neelam Linens IPO oversubscribed in the retail category, the Neelam Linens 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 Neelam Linens & Garments (India) Ltd. listing date is November 18, 2024. The equity shares of Neelam Linens & Garments (India) Ltd. will list on NSE SME.
The reason you didn't get the Neelam Linens IPO could be: