The basis of allotment for Promax Power IPO is available now.
The Promax Power IPO allotment status will be available on Thursday, October 7, 2021, as per the timeline provided in the red-herring prospectus.
Below are the steps to check Promax Power 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 Promax Power IPO depends on many factors including demand, nature of the business, market environment, and state of the economy. The Promax Power IPO grey market premium gives some hint but the actual Listing price is difficult to guess.
Promax Power Ltd. IPO IPO allotment status is expected on Thursday, October 7, 2021. Click the green button Promax Power Ltd. IPO allotment status above to check the allotment. Note : The button remains disabled until the allotment is available online.
If Promax Power IPO oversubscribed in the retail category, the Promax Power 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 Promax Power Ltd. listing date is October 12, 2021. The equity shares of Promax Power Ltd. will list on BSE SME.
The reason you didn't get the Promax Power IPO could be:
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