The basis of allotment for PSP Projects IPO is available now.
The PSP Projects IPO allotment status will be available on Wednesday, May 24, 2017, as per the timeline provided in the red-herring prospectus.
Below are the steps to check PSP Projects 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 PSP Projects IPO depends on many factors including demand, nature of the business, market environment, and state of the economy. The PSP Projects IPO grey market premium gives some hint but the actual Listing price is difficult to guess.
PSP Projects Ltd. IPO IPO allotment status is expected on Wednesday, May 24, 2017. Click the green button PSP Projects Ltd. IPO allotment status above to check the allotment. Note : The button remains disabled until the allotment is available online.
If PSP Projects IPO oversubscribed in the retail category, the PSP Projects 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 PSP Projects Ltd. listing date is May 29, 2017. The equity shares of PSP Projects Ltd. will list on BSE, NSE.
The reason you didn't get the PSP Projects IPO could be: