The basis of allotment for Shiv Aum Steels IPO is available now.
The Shiv Aum Steels IPO allotment status will be available on Thursday, September 26, 2019, as per the timeline provided in the red-herring prospectus.
Below are the steps to check Shiv Aum Steels 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 Shiv Aum Steels IPO depends on many factors including demand, nature of the business, market environment, and state of the economy. The Shiv Aum Steels IPO grey market premium gives some hint but the actual Listing price is difficult to guess.
Shiv Aum Steels Ltd. IPO IPO allotment status is expected on Thursday, September 26, 2019. Click the green button Shiv Aum Steels Ltd. IPO allotment status above to check the allotment. Note : The button remains disabled until the allotment is available online.
If Shiv Aum Steels IPO oversubscribed in the retail category, the Shiv Aum Steels 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 Shiv Aum Steels Ltd. listing date is October 1, 2019. The equity shares of Shiv Aum Steels Ltd. will list on NSE SME.
The reason you didn't get the Shiv Aum Steels IPO could be: