Palm Jewels IPO Allotment Status Online

The Palm Jewels IPO allotment status will be available on Wednesday, June 6, 2018, as per the timeline provided in the red-herring prospectus.

Below are the steps to check Palm Jewels Ltd. IPO allotment status online:

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

Palm Jewels Ltd. IPO IPO allotment status is expected on Wednesday, June 6, 2018. Click the green button Palm Jewels Ltd. IPO allotment status above to check the allotment. Note : The button remains disabled until the allotment is available online.

If Palm Jewels IPO oversubscribed in the retail category, the Palm Jewels 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 Palm Jewels Ltd. listing date is June 12, 2018. The equity shares of Palm Jewels Ltd. will list on BSE SME.

The reason you didn't get the Palm Jewels 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).